Key Information
- £45,000 per annum exclusive
- Prominent glazed frontage of 34ft (10.4m)
- Nearby occupiers include Greggs, Costa, HSBC, Superdrug and Rymans
- Suitable for a variety of uses, STP
- £45,000 per annum exclusive
The subject property is arranged across ground and first floor, with a prominent fully glazed frontage of 34ft (10.4m) along Carolgate. The ground floor was most recently used as a clothes store with stores and staff accommodation at first floor level.
Location
Retford is a market town located in the North East of Nottinghamshire with a population of circa 22,000. The town is well connected to national infrastructure, with the A1 less than 5 miles to the West and Retford Railway station which forms part of the East Coast Mainline and connects Retford to London King's Cross, Leeds, Newcastle and York. Retford Bus Station also provides regular services to the surrounding localities as well as major nearby towns such as Newark and Doncaster. The subject premises are centrally located along the prime pedstrianised pitch of Retford and is surrounded by national occupiers such as Greggs, Costa, Superdrug, Merkur, HSBC and Rymans.
VAT
All figures quoted are exclusive of VAT.
Rates
Property Description: Shop & Premises Rateable Value: £50,500 Rates Payable: £25,199.50 (based on the small business rates of 49.9p, effective until March 2023). The draft valuation has been updated by the Valuation Office Agency and is as follows; Property Description: Shop & Premises Rateable Value: £48,500 Rates Payable: £24,201.50 (based on the small business rates of 49.9p, effective until March 2024). This will come into effect from April 2023. All retail, leisure and hospitality users will be entitled to 50% rates relief or rates payable up until April 2023, which will increase to a 75% discount from April 2023. (Source: VOA)
EPC
The premises have an EPC assessment of B - 46
Viewing
Viewings are by appointment with sole agents Innes England.
Legal Costs
Each party is to bear their own legal costs incurred.
Accommodation
Measurements are quoted on a Net Internal basis in accordance with the RICS Property Measurement Second Edition.
Planning
From online enquires it is our understanding that the property benefits from planning permission for its current use under Use Class E (commercial service and business) under the Town and County Planning (Use Classes) Order 1987 and its subsequent amends. Interested parties should make their own enquiries to Bassetlaw District Council.