The unit currently trades as Pret A Manger and benefits from a prominent glazed frontage onto Albert Street of 6.8m, with a large return frontage onto Castle Gate of 15.5m. The unit is open plan with a customer WC, spot lighting and air conditioning on the ground floor. The first floor, accessed via an internal staircase, provides staff areas and ancillary space, with further storage at second and third floors. The property benefits from a service yard to the rear.
Location
The property is located in Nottingham City Centre, the commercial hub of the East Midlands. The city itself is served with excellent public transport links with national rail links to London as well as an extensive tram (NET) network. The M1 motorway is situated to the west with junctions 24, 25 and 26 providing good access into Nottingham.
The property is located on Albert Street, which with the adjacent Lister Gate, forms one of the dominant high street retail pitches in Nottingham City Centre. This pitch connects Nottingham's Historic Market Square to the Intu Broadmarsh centre, which is currently undergoing a new £100 million redevelopment.
Nearby occupiers consist predominantly of large national retailers which include; Marks and Spencer, Scribbler, The Body Shop, Hotel Chocolat, Sketchers, 3 Store and H&M.
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Accommodation
|
|
|
|
Sq M
|
Sq Ft
|
|
Ground Floor Sales
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107.9
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1,162
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First Floor
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90.7
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976
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Second Floor
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38.8
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418
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Third Floor
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43.4
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467
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Total
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280.8
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3,023
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Planning
The property has an A1 (Retail) /A3 (Cafe and Restaurant) planning use consent, with permission for some external seating.
Interested parties should make their own enquiries with Nottingham City Council.
Tenure
The property is available by way of a new lease for a term to be agreed.
Business Rates
Rateable Value: £130,000
Property Description: Shop & Premises
Rates Payable 2020/21: £66,560
Rates payable are based on the current uniform business rates (UBR) multiplier of 51.2p, which is effective until March 2021. The Government have now introduced new measures meaning there are no rates payable on retail or leisure properties until March 2021.
All interested parties should make their own enquiries of the Valuation Office Agency's website to confirm.
Rent
£100,000 per annum, exclusive.
VAT
All figures quoted exclusive of VAT.
Legal Costs
Each party is responsible for their own legal costs associated to any transaction.
EPC
Available on request.
Viewings
For further information or to arrange an inspection please contact Sam Hall or our joint agent Jack Davies or Rob Amey at Hartnell Taylor Cook.
Location
The property is located in Nottingham City Centre, the commercial hub of the East Midlands. The city itself is served with excellent public transport links with national rail links to London as well as an extensive tram (NET) network. The M1 motorway is situated to the west with junctions 24, 25 and 26 providing good access into Nottingham.
The property is located on Albert Street, which with the adjacent Lister Gate, forms one of the dominant high street retail pitches in Nottingham City Centre. This pitch connects Nottingham's Historic Market Square to the Intu Broadmarsh centre, which is currently undergoing a new £100 million redevelopment.
Nearby occupiers consist predominantly of large national retailers which include; Marks and Spencer, Scribbler, The Body Shop, Hotel Chocolat, Sketchers, 3 Store and H&M.
Accommodation
Sq M
Sq Ft
Ground Floor Sales
107.9
1,162
First Floor
90.7
976
Second Floor
38.8
418
Third Floor
43.4
467
Total
280.8
3,023
Planning
The property has an A1 (Retail) /A3 (Cafe and Restaurant) planning use consent, with permission for some external seating.
Interested parties should make their own enquiries with Nottingham City Council.
Tenure
The property is available by way of a new lease for a term to be agreed.
Business Rates
Rateable Value: £130,000
Property Description: Shop & Premises
Rates Payable 2020/21: £66,560
Rates payable are based on the current uniform business rates (UBR) multiplier of 51.2p, which is effective until March 2021. The Government have now introduced new measures meaning there are no rates payable on retail or leisure properties until March 2021.
All interested parties should make their own enquiries of the Valuation Office Agency's website to confirm.
Rent
£100,000 per annum, exclusive.
VAT
All figures quoted exclusive of VAT.
Legal Costs
Each party is responsible for their own legal costs associated to any transaction.
EPC
Available on request.
Viewings
For further information or to arrange an inspection please contact Sam Hall or our joint agent Jack Davies or Rob Amey at Hartnell Taylor Cook.