Key Information
- NIA: 965 sq ft (89.67 sqm)
- Prominent building in prime city centre location
- Located witihn Nottingham's Lace Market offering plentiful amenities
- Within walking distance of Nottingham's Market Square
- £15,000 per annum The term of the lease is negotiable however a 3-month rent-free period is available for 5-year lease with a 3rd year break clause (subject to covenant strength*). Please contact Innes England to discuss further.
The property comprises of a Grade II Listed building being of traditional brick construction under an interlocking pitched and hipped roof, with the first floor available to let. The layout of the office consists of an open plan suite along with a raised cellular kitchenette. The general specification includes: -Gas fired central heating -LED strip lighting -Air conditioning -Excellent natural daylight -Communal WCs on each half landing
Location
The property is centrally located in Nottingham's City centre within the Lace Market area, also known as the Creative Quarter. The building is situated at the southern end of St Mary's Gate, adjacent to St Mary's Church. The immediate locality is predominantly a mixture of attractive period residential and commercial properties. The property is well located within a 10 minute walk from the main Market Square and the City Centre's principal retail and leisure facilities including Marks and Spencer, Primark and Ted Baker. Carlton Street, Hockley's main street is also nearby that offers a variety of restaurants and bars such as Pho,Hockley Arts Club and The Bagel Project. The Fletcher Gate NET tram stop and a number of bus stops is only a short walk away, providing excellent public transport links to greater Nottingham and beyond.
VAT
VAT is applicable.
Service Charge
A service charge will be payable in respect of the maintenance and repair of the structure and common parts. Details of the current passing service charge is available from the agents however it is understood the service charge is inclusive of gas and water for the suite. Electricity for the suite is not included within the service charge.
Rates
From enquiries of the Valuation Office Agency (VOA) website we understand the business rates are as follows: Rateable Value 2023/2024: £9,400 Indicative Rates payable 2023/2024: c. £4,690.60 Some parties may benefit from small business rates relief meaning they are exempt from paying business rates, however all parties are advised to make their own enquiries of the VOA.
EPC
The premises have an EPC assessment of: B-43.
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
We understand the property benefits from planning consent for for the following uses: Use Class E (Commercial, Business and Services use) under the Town & Country Planning (Use Classes) Order 1987 as amended. Making the premises suitable for uses such as a shop, cafe, restaurant, office, clinics, health centre and day nurseries. (This information is given for guidance purposes only and prospective parties are advised to make their own enquiries of Nottingham City Council).