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22 Market Place, Nuneaton CV11 4EG

TO LET ON LEASE 22 MARKET PLACE NUNEATON CV11 4EG

• Prominent Town Centre A1 Retail Premises • Fronting Nuneaton’s Market Place At The Commercial Heart Of The Town • Attractively Presented Retail Space Extending To 59.25 m² (638 ft²) Along With Upper Floor Accommodation • Premises Considered Suited For A Variety Of Business Uses • RENTAL RENTAL - £19,500 PER ANNUM EXCLUSIVE

22 Market Place, Nuneaton CV11 4EG LOCATION

On the Second Floor

The subject property occupies a prominent position within the prime pedestrianised retail area of Nuneaton immediately adjoining D. C Leakes (the jewellers) and Thomas Cook, travel agents, and close to Maplin, the EE store, Superdrug, Specsavers, Entertainment Exchange, Clintons, H. Samuel and Boots.

Two Store Rooms

Many other national retailers and all the major clearing banks are also close by with ample pay and display public car parking provided at the nearby Rope Walk Shopping Centre.

12.91 m² (139 ft²)

SUMMARY OF FLOOR AREAS

Ground Floor

M² 59.25

Ft² 638

First Floor Second Floor

34.08 12.91

367 139

106.24

1144

Total

(All measurements are approximate and on a net internal area basis).

DESCRIPTION

LEASE TERMS

The property comprises an attractively presented A1 retail unit considered suitable for a variety of business uses and also benefiting from two upper floors of accommodation (providing potential office/storage space, together with kitchen and w.c. facilities).

The property is available on the basis of a new full repairing and insuring lease for a term of years to be agreed but a six year lease term is suggested with a three yearly rent review pattern.

The retail sales area itself incorporates a modern retail shop front with lined walls/strip floor and with a suspended ceiling provided incorporating inset lighting. An emergency lighting system/fire security system is also installed and the accommodation benefits from electric storage heating.

LEGAL COSTS COSTS The ingoing tenant will be responsible for the lessor’s legal costs in connection with this transaction, including the Stamp Duty payable on the counterpart lease and VAT as appropriate. VAT

ACCOMMODATION The property’s accommodation is arranged on three floors and briefly comprises:On the Ground Floor Retail Sales Area

The commencing rental will be £19.500 per annum exclusive.

59.25 m² (638 ft²)

All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT if applicable. Please note that at the time of preparation of these details (July 2017) the Landlord had not elected to charge VAT on the rent.

On the First Floor

FIXTURES FIXTURES AND FITTINGS

Office/Store together with Kitchen Area 34.08 m² (367 ft²)

All items usually classed as tenant’s fixtures and fittings and not mentioned in these details are excluded from the letting.

Toilet Comprising W.C.

22 Market Place, Nuneaton CV11 4EG LOCAL AUTHORITY Nuneaton and Bedworth Borough Council Town Hall Coton Road NUNEATON Warwickshire CV11 5AA Tel: 024 7637 6376 RATES We are informally advised by the Local Authority that the current assessment is:Rateable Value: £20,000 Prospective occupiers are recommended to make their own enquiries with the Local Authority for verification. VIEWING By arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 E-mail: [email protected] (Ref. JRP/AW)

22 Market Place, Nuneaton CV11 4EG

Subject property for identification purposes only

22 Market Place, Nuneaton CV11 4EG 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.