Key features
- Town Centre Unit close Portland Square
- Ground Floor - 54 sq. m ( 581 sq ft)
- First Floor- 52 sq. m ( 565 sq ft).
- To Let - £14,000 pax.
-  NO BUSINESS RATES FOR QUALIFIYING OCCUPIERS
Description
LOCATION
The premises occupy a prominent location on the fringe of the Town Centre opposite Portland Square and benefitting from a light-controlled crossing close by linking the premises to Low Street and the Market Place.
The parade includes The White Room Hairdressers, Lovely Jubbly, Flower Life and The Lash and Brow Bar. The Dessert Shop, Papa John’s Pizza and Angling Direct are to the rear of the block with a car park. There is a pay to park 25 space car park off Portland Street also.
DESCRIPTION
Unit 2 comprises a mid-parade ground floor retail unit with aluminium framed shop front, glazed central entrance door and electrically operated security shutter (not tested).
There is a modern ground floor WC and basin facility and rear storage/sink area. Please note it was formerly a hairdresser and partly fitted for the same with ample wall sockets. To the rear there is a staircase to first floor. There is first floor ancillary multi-use space plus kitchenette and separate WC. There is a large floor mounted modern electric hot water tank of the type used in the hairdressing industry (not tested).
There is potential rear loading via a shared access off Portland Street.
ACCOMMODATION
Ground Floor - 54 sq m (581 sq ft)
First Floor - 50 sq m (538 sq ft)
Total Area - 104 sq m (1,119 sq ft)
RENTAL
£14,000 pax
LEASE
The premises are available by way of a new full repairing lease on terms to be agreed.
RATING ASSESSMENT
Rateable Value (2023) - £11,250
Interested parties are asked to verify this information with the Rating Department at Ashfield District Council. There are no Business Rates for qualifying occupiers.
PLANNING
The premises come under the E (a) Classification from 1 September 2020 having been a retail unit. The unit would suit a range of uses under E Class including retail, financial/professional services, and bistro/café without the need for additional Planning Permission. However, the landlords are looking for complimentary uses within the block.
Please note that E Class also includes the old B1(a) (offices), B1(b) (research facilities) and clinics formerly under D1, and certain leisure/gymnasiums type uses formerly under D2.
However, interested parties should contact Ashfield District Planning Department, telephone no: 01623 450000 to satisfy themselves in that regard.
Neither New West Ltd nor the landlords offer any warranty in respect of the Planning, Building or Fire Regulations and interested parties must undertake their own survey and advice.
LEGAL COSTS
The incoming tenant will be responsible for the landlords’ legal costs incurred in the transaction, together with any VAT thereon.
COMMERCIAL ENERGY PERFORMANCE CERTIFICATE
The premises have an EPC Rating of D94. Copies of the Energy Performance Certificate & Recommendations Report are available to applicants on request.
VAT
We understand VAT is not charged on the rental. However, the position regarding VAT is always reserved.
MONEY LAUNDERING POLICY
In accordance with Money Laundering Regulations, two forms of ID and confirmation of the source of funding will be required from the successful tenant.
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