Retail premises to let in Portland Street, Newark NG24

Newark is an attractive and thriving market town with a population of 41,000 serving a district population of approximately 110,000, The town is well served with excellent communication links via the A1, A1, A46 & A17 trunks roads, and the East Coast main rail line to London. The surrounding centre of Nottingham and Lincoln are both within approximately 40 minutes’ drive.

Accommodation:
Description: Ft2 - m2
Ground Floor Retail: 199 - 18.35
Staff Room /Kitchen: 73 - 6.78
Rear Lobby & WC - -
total (gia): 272 - 25.31

Externally

To the rear of the property there is a shared yard used for bin storage

Services

We understand that mains electricity, water and drainage are connected to the property. Interested parties should make their own enquiries as to the capacity and suitability of the services available.

Tenure

The premises are available ‘To Let’ on a new lease for a term to be agreed at a rent of £5,300 per annum plus VAT.

Business rates

The rateable value is £3,100 (information obtained from the Valuation Office Agency Website). An ingoing tenant may be eligible for Small Business Rate Relief, subject to status. All enquiries regarding Business Rates should be made directly to nsdc’s Business Rate Department – Tel.

Energy performance

The shop unit has an Energy Performance Asset Rating of 82 (Band D).

VAT

All figures quoted are exclusive of but may be liable to, VAT at the prevailing rate.

Costs

The New Tennant will be responsible for the landlords reasonable legal fees incurred in the creation of the new lease.

Viewing

By arrangement through the agents. For further information or to arrange a viewing please contact: Or Tel: