toletonanewleasetolet onanewlease second floor ... AWS
TO LET ON A NEW LEASE SECOND FLOOR 7 MARKET PLACE NUNEATON CV11 4EA
• Forming Part Of An Imposing Town Centre Period Office Building • Located in the Commercial in Pedestrianised Heart of Nuneaton • Totalling (1,636ft²) 636ft²)
About
151. 151.98m² 98m²
• Planning Consent For A Women’s Fitness Centre (Class D2) • £12,000 Per Annum • £9,500 Per Annum LOCATION The premises are situated in the commercial pedestrianised heart of Nuneaton, which is the largest town in the borough of Nuneaton and Bedworth with a population of 71,000 (Census 2001) and a catchment extending to around 120,000. Nuneaton is situated nine miles north of the City of Coventry and twenty miles east of Birmingham. The property occupies a prominent position at the corner of Market Place and Coventry Street amongst a number of predominantly national concerns.
DESCRIPTION
SERVICES
The property comprises the second floor of an imposing three storey Grade II listed building having its own entrance from the street. The remainder of the building is occupied by Barclays Bank.
All main services are understood to be available, subject to connection charges by the utility companies.
ACCOMMODATION
(All measurements are approximate and on a net internal area basis)
All items usually classed as tenant’s fixtures and fittings are not mentioned in these details, are excluded from the letting.
The accommodation is arranged as:-
VAT
Ground Floor Door from Market Place leads to Entrance Hall with stairs to: Second Floor (Briefly comprising: Gym, Office, Three Treatment
Rooms, Waiting Area, Kitchen, Changing Room, Shower Room, Cupboard, Toilet Facilities). TOTAL NET INTERNAL AREA 151.98 M² (1,636 Ft²) RATING We are informally advised by the Local Authority that the current assessment is:Rateable Value: Rates Payable 2013/14:
£9,100 £4,286.10*
*The rateable occupier of the premises may qualify for Small Business Rate Relief in respect of the 2013/14 financial year – further details are available at www.gov.uk. Prospective occupiers are recommended to make their own enquiries with the Local. LEASE The premises are available to let on a new tenant’s effective full repairing and insuring lease for a term of six years, subject to an upward only rent review at the end of the third year, and at a commencing rental of £9,500 per annum, exclusive (reduced from £12,000 per annum). LEGAL COSTS Incoming tenant to pay all reasonable legal costs in respect of the transaction, including Stamp Duty and VAT, if applicable.
FIXTURES AND FITTINGS
All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT, if applicable. TOWN TOWN PLANNING The building is understood to be Grade II listed and is situated within Nuneaton Town Centre Conservation Area. The second floor benefits from planning consent for a women’s fitness centre (Class D2). Alternatively, the premises are considered suitable for a variety of other uses including offices (within Class B1), subject to obtaining any necessary consents. Prospective occupiers should rely on their own enquiries with the Planning Authority as to whether planning permission is necessary for their proposed use. LOCAL AUTHORITY Nuneaton and Bedworth Borough Council Coton Road Nuneaton Warwickshire CV11 5AA Tel: 024 7637 6376 VIEWING By arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 e-mail: [email protected] (Ref. SRE)
Subject property for identification purposes only
Conditions under which particulars are issued: Messrs Loveitts for themselves and for vendors or lessors of this property, whose agent they are, give notice that: i)
The particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute, or constitute part of, an offer or contract.
ii)
All descriptions, dimensions, reference to conditions and necessary permissions for use and occupation, and other details, are given in good faith and are believed to be correct and any intended purchasers or lessees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them.
iii)
No partner or any person in the employment of Loveitts has any authority to make or give any representation or warranty whatever in relation to this property.
iv)
All prices and rents quoted are exclusive of V.A.T. unless otherwise stated.
• Forming Part Of An Imposing Town Centre Period Office Building • Located in the Commercial in Pedestrianised Heart of Nuneaton • Totalling (1,636ft²) 636ft²)
About
151. 151.98m² 98m²
• Planning Consent For A Women’s Fitness Centre (Class D2) • £12,000 Per Annum • £9,500 Per Annum LOCATION The premises are situated in the commercial pedestrianised heart of Nuneaton, which is the largest town in the borough of Nuneaton and Bedworth with a population of 71,000 (Census 2001) and a catchment extending to around 120,000. Nuneaton is situated nine miles north of the City of Coventry and twenty miles east of Birmingham. The property occupies a prominent position at the corner of Market Place and Coventry Street amongst a number of predominantly national concerns.
DESCRIPTION
SERVICES
The property comprises the second floor of an imposing three storey Grade II listed building having its own entrance from the street. The remainder of the building is occupied by Barclays Bank.
All main services are understood to be available, subject to connection charges by the utility companies.
ACCOMMODATION
(All measurements are approximate and on a net internal area basis)
All items usually classed as tenant’s fixtures and fittings are not mentioned in these details, are excluded from the letting.
The accommodation is arranged as:-
VAT
Ground Floor Door from Market Place leads to Entrance Hall with stairs to: Second Floor (Briefly comprising: Gym, Office, Three Treatment
Rooms, Waiting Area, Kitchen, Changing Room, Shower Room, Cupboard, Toilet Facilities). TOTAL NET INTERNAL AREA 151.98 M² (1,636 Ft²) RATING We are informally advised by the Local Authority that the current assessment is:Rateable Value: Rates Payable 2013/14:
£9,100 £4,286.10*
*The rateable occupier of the premises may qualify for Small Business Rate Relief in respect of the 2013/14 financial year – further details are available at www.gov.uk. Prospective occupiers are recommended to make their own enquiries with the Local. LEASE The premises are available to let on a new tenant’s effective full repairing and insuring lease for a term of six years, subject to an upward only rent review at the end of the third year, and at a commencing rental of £9,500 per annum, exclusive (reduced from £12,000 per annum). LEGAL COSTS Incoming tenant to pay all reasonable legal costs in respect of the transaction, including Stamp Duty and VAT, if applicable.
FIXTURES AND FITTINGS
All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT, if applicable. TOWN TOWN PLANNING The building is understood to be Grade II listed and is situated within Nuneaton Town Centre Conservation Area. The second floor benefits from planning consent for a women’s fitness centre (Class D2). Alternatively, the premises are considered suitable for a variety of other uses including offices (within Class B1), subject to obtaining any necessary consents. Prospective occupiers should rely on their own enquiries with the Planning Authority as to whether planning permission is necessary for their proposed use. LOCAL AUTHORITY Nuneaton and Bedworth Borough Council Coton Road Nuneaton Warwickshire CV11 5AA Tel: 024 7637 6376 VIEWING By arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 e-mail: [email protected] (Ref. SRE)
Subject property for identification purposes only
Conditions under which particulars are issued: Messrs Loveitts for themselves and for vendors or lessors of this property, whose agent they are, give notice that: i)
The particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute, or constitute part of, an offer or contract.
ii)
All descriptions, dimensions, reference to conditions and necessary permissions for use and occupation, and other details, are given in good faith and are believed to be correct and any intended purchasers or lessees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them.
iii)
No partner or any person in the employment of Loveitts has any authority to make or give any representation or warranty whatever in relation to this property.
iv)
All prices and rents quoted are exclusive of V.A.T. unless otherwise stated.
