TO LET ON LEASE 39 Church Street Nuneaton CV11 4AD
• Prominently Situated A2 Business Premises Alternatively Considered Suitable For Retail Or Other Commercial Uses (Subject To Planning) Planning) • Occupying A Bold Corner Position On The Edge Of The Pedestrianised Nuneaton Town Centre Directly Facing The Town’s Library • Accommodation Extends To Approximately 103.30 sq. m. (1,112 sq. ft.) Approx. Net • Gas Fired Central Heating Installed • Pay And Display Display Public Car Park Directly Facing • Rental : £16,500 £16,500 Per Annum Exclusive (Reduced From £18,000 Per Annum For Immediate Letting) Letting)
39 Church Street, Nuneaton, CV11 4AD LOCATION
First Floor
The subject property occupies a bold corner position fronting directly onto pedestrianised Church Street on the fringe of Nuneaton’s town centre (having a return frontage to Mill Street) and being situated directly facing the town’s Library and Information Centre as well as directly opposite Church Street pay-anddisplay public car park.
Landing Office
13.47m² (145ft²)
Office
1.82m² (138ft²)
Office
12.54m² (135ft²)
The town’s Market Place, Council House and Rope Walk Shopping Centre are all close by.
Office
12.17m² (131ft²)
Store
8.92m² (96ft²)
DESCRIPTION
Total
103.30m² 103.30m² (1,112ft²)
The property comprises existing two storey business premises, previously an estate agents office and more recently a solicitors’ office, consisting of open plan sales/reception office, along with private office and wc facilities at ground floor level with four offices and store room at first floor level.
(All measurements are approximate and on a net internal area basis).
The accommodation benefits from gas fired central heating installed and has large display windows to both frontages with a suspended ceiling incorporating inset lighting to the main sales/reception area.
SERVICES Mains water, drainage, gas and electricity are understood to be connected to the property, along with a gas fired central heating system comprising a Worcester boiler together with hot water radiators. No tests have been applied. LEASE TERMS
The premises are considered ideally suited for a continuation of the existing A2 business use or for A1 retail or possibly for other commercial uses subject to any necessary planning consent.
The property is available on the basis of new tenants 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 upward only rent review pattern.
ACCOMMODATION The property’s accommodation is arranged on two floors and briefly comprises:-
The premises will be available for occupation from mid-March 2017 onwards. INITIAL RENT
Ground Floor Main Sales/Reception Office 33.82m² (364ft²) With dual aspect display windows, having suspending ceiling with inset lighting and with open plan staircase to first floor. Former Waiting Area Private Office
3.43m² (37ft²) 15.05m² (162ft²)
Rear Entrance Vestibule Disabled Disabled and Ladies WC Facilities Men’ Men’s WC Facilities
£16,500 per annum exclusive (reduced from £18,000 per annum for immediate letting). LEGAL COSTS The ingoing tenants will be responsible for the landlord’s legal costs incurred in connection with the transaction including the Stamp Duty payable on the counterpart lease and VAT as appropriate.
39 Church Street, Nuneaton, CV11 4AD VAT All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT if applicable.
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.
At the time of preparation of these details (October 2016) the landlord had not elected to charge VAT on the rent. FIXTURES AND FITTINGS All items usually classed as tenant’s fixtures and fittings and not mentioned in these details are excluded from the letting. 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: £15,500. 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/MD)
39 Church Street, Nuneaton, CV11 4AD
Subject property for identification purposes only