5044 sq. ft (469 m²)
Available: Thursday, 1st of July, 2021
Description
LOCATION
The property is situated within Heanor Town Centre on Market Street, close to the Market Place. The property is adjacent to Boyes, Scrivens Optician, BBM Bargains, Hallmark/Thorntons and Boots.
There are Pay & Display car parking facilities close by including Market Place (30 spaces) and Whysall Street East and West (64 spaces).
DESCRIPTION
The premises comprise a mid-parade, ground floor retail unit with aluminium framed shop front. The premises benefit from partial air conditioning and gas fired heating (not tested) together with extensive rear storage, office, toilet and kitchen accommodation. The premises have the benefit of a goods lift (not tested) to lower ground floor rear tail board loading.
ACCOMMODATION
The accommodation may be more fully described as follows:
Internal width front – 7.83 m (25ft 9in)
Ground Floor Sales – 194 sq m (2,087 sq ft)
Rear Stores - 238 sq m (2,562 sq ft)
Lower Ground - 36.7sq m ( 395 sq ft)
LEASE
A new FRI lease to be agreed.
RENTAL
£22,500 pax
RATING ASSESSMENT
Rateable Value - (2017) £24,500
Rateable Value – (2023) £25,750
The Government is extending and increasing the Retail, Hospitality and Leisure relief scheme from 50% to 75% for 2023-24, up to £110,000 per business.
Applicants are advised to make their own enquiries with the Valuation Office Agency and Amber Valley Borough Council Telephone: 01773 570222 and no warranty is given by the landlords or New West Ltd
PLANNING
The use under the old Use Classes Order was an A1 (retail) use.
This comes within the wider Use Class E from 1st September 2020, and this includes alternative Financial & Professional Services (under the old A2), Restaurants and Cafes (under the old A3), Offices under the old Class B1(a), Research & Development under the old Class B1(b).
The new Use Classes also includes Clinics, Health Centres, Creches, Day Nurseries, Day Centres, Gymnasiums or Indoor Sports and Recreation under Class E (having been formerly within Class D1 and D2).
Neither the landlords nor New West Ltd offer any warranty in respect of the Planning (existing or proposed), Fire or Building Regulations and interested parties must consult with Amber Valley Borough Council Planning Department. Telephone: 01773 570222 or Email: [email protected].
LEGAL COSTS
The incoming tenant to be responsible for the landlords’ legal costs incurred in this transaction together with any Stamp Duty or VAT thereon.
COMMERCIAL ENERGY PERFORMANCE CERTIFICATE
We understand that the premises has been assessed as D98, certificate reference no: 6767-5353-2315-2437-0962.
Copies of the EPC & Recommendations Report can be provided upon request.
VAT
VAT is applicable and the position with regard to VAT is reserved at all times.
MONEY LAUNDERING POLICY
In accordance with Money Laundering Regulations, two forms of ID/Address and confirmation of the source of funding will be required from the successful tenant.
Similar properties in the area
Retail - High Street to let
Within Hurst's, 5 - 7 High St, Ripley DE5 3AB
230 sq. ft (21.3 m²)
Please contact us for full details.
Retail - High Street to let
The Corn Exchange, King Street, Belper DE56 1PS
311 sq. ft (28.9 m²)
Please contact us for full details.
Retail - High Street to let
Andrews Fish Bar Ltd, 18 High St, Alfreton DE55 7BN, UK
2138 sq. ft (198 m²)
Retail/commercial premises 2,138 sq ft across two floors.
Request a valuation of your property from local experts
Enquire now