Retail premises to let in 9- 10 Paxtons Court, Newark NG24

Location

The premises are situated in a prominent location between Kirkgate and Morrisons supermarket. Newark is an attractive and thriving market town with a resident population in the order of 36,000 with a district population of approximately 90,000. The town is well served with excellent communication links via the A1, A46 & A17 trunk roads, and the East Coast main rail line to London. The surrounding centres of Nottingham and Lincoln are both within approximately 30 minutes drive.

Description

The premises comprises of ground floor retail Unit with WC and storage: Ground Floor 778 ftsq. 76msq

EPC

The premises have a rating of Band C. A copy of the certificate is available on request.

Tenure

To Let on new Full Repairing & Insuring lease for a term to be agreed at an initial rent of £11,750 p.a.

Service charge

The Tenant will be responsible for the payment of an annual service charge. The annual service charge for the current period is £1,678

Business rates

The premises have a rateable value of £9,400 (obtained from voa website). An ingoing tenant may be eligible for small business rate relief (subject to status). All enquiries regarding Business Rates, contact nsdc Business Rate Department on Tel. VAT is payable at the prevailing rate.

Costs

An incoming tenant will be responsible for the landlords reasonable legal fees incurred in creating the lease.

Viewing

For further information or to arrange a viewing, please contact: