Per Annum Exclusive £30,000 For Sale | Mansfield Road, Nottingham

LOCATION

The property is prominently located on the eastern side of the A60 Mansfield Road and forms the ground floor of Sheridan Court a large residential complex immediately next to York House and adjoining Shawe's Art Shop and close to the junction with Woodborough Road.
The property has previously traded as Evesham Technology and is close to House of Fraser and the new Trinity Square retail development fronting Milton Street and Shakespeare Street where T K Maxx and Dixons are due to open for business by Christmas 2007.

DESCRIPTION

The property comprises a self-contained ground floor showroom which has been occupied by Evesham Technology for a number of years as a computer showroom. The property has a fully glazed aluminium framed shop frontage with internal roller shutter security screens and incorporates two partitioned offices adjacent to the main showroom area.
A rear partitioned storage and showroom area is also suitable for enlargement of the existing showroom and incorporates WC and staff facilities.
The property also has the benefit of a retail display frontage to the rear which overlooks the Victoria Centre bus station with pedestrian access off York Street.

ACCOMMODATION

The property provides the following approximate net internal floor areas;
Internal shop frontage to Mansfield Road 13.32m
Sales depth 8.71m
Maximum built depth through to York Street 20.7m
Ground Floor
Total net internal sales area 3,100 sq ft (288 sq m)
Staff WC and kitchen

LEASE

The property is offered to let by way of a new 10 year full repairing and insuring lease for a term of years to be agreed with five yearly upward only rent reviews.

RENT

£35,000 per annum exclusive of rates and VAT if applicable payable quarterly in advance on the usual quarter days.

RATES

Showroom and premises RV £24,250.

USE

The property has the benefit of an existing use for class A1 retail purposes.
The landlords are not however prepared to allow the premises to be utilised as a pub, restaurant or hot food takeaway shop within use classes A3, A4 or A5.
Further enquiries regarding a change of use should be addressed to Nottingham City Council Planning Department, Exchange Buildings, Smithy Row, Nottingham, telephone 9155555.

LEGAL COSTS

The tenant will be responsible for the payment of the landlord's legal costs incurred in preparing the new lease.

VIEWING

BY ARRANGEMENT WITH THE LANDLORD'S AGENTS.
Spencer Birch, 10 Kings Walk, Trinity Square, Nottingham, NG1 2AE, telephone 0115 964 4238.

PROPERTY MISDESCRIPTIONS

All statements contained in these particulars are believed to be correct but their accuracy is not guaranteed nor do they form part of any contract or warranty. Unless specified to the contrary interested parties should note the following;
1. All dimensions, distances and floor areas are approximate.
2. Any information given on Town and Country Planning matters and Rating matters has been obtained by verbal enquiry only from the appropriate Local Authority. Interested parties are recommended to obtain written verification thereof.
3. Any information on tenure or tenancies, etc, has been provided to us in good faith by the vendor/lessor of the property. Prospective purchasers/lessees are strongly recommended to have this information verified by their solicitors or other advisers.
4. All information on the availability of mains services is based on information supplied by the vendor or lessor. Statements regarding service installations do not warrant their condition or serviceability.
GENERAL
1. The issuing of these particulars does not constitute an offer or a contract.
2. The property is offered subject to contract and it still being available at the time of enquiry.
3. No responsibility can be accepted for any loss or expense incurred in viewing.
4. These particulars are issued on the distinct understanding that all negotiations are conducted through Spencer Birch.

This footer paragraph is an example only and should not be relied upon as complying with current legislation. These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.