Restaurant/cafe to let in The Square, Keyworth, Nottingham NG12

The property is located within The Square retailing area of Keyworth. Keyworth is a popular South Notts Village with a catchment area including the wider Plumtree, Wysall, Bradmore, Widmerpool and Bunny areas.

The main retail offer for the Village is centred around The Square which is opposite the St Mary Magdalen Church. The location benefits from bus stops to The Square and a small pedestrianised shopping area benefitting from some on street parking together with car parking off Bunny Lane (2 hours free) and to the rear the Keyworth Health Centre and The Key Fitness.

The Square benefits from rear loading off Bunny Lane and staff parking (2 spaces for No. 10) and the property is situated within the block including the Co-operative Supermarket, Well Pharmacy, 7 Spice Indian, Mayflower Cantonese, Ewan Burns Hair and Greens Butchers.

Description

The premises comprise ground floor multi-use space, carpeted and suspend ceilings with LED lights and modern powder coated aluminium framed shop front. There is a rear ground floor store and ancillary first floor offices, kitchen and WCs with internal stairs. First floor UPVC double glazed windows to front and rear WCs. Gas fired central heating to part (not tested) and security alarm (not tested).

Accommodation
ground floor

Ground floor sales; 62.0 sq m (667 sq ft)
Ground Floor store - 9.50 sq m (102 sq ft)
Sub-total - 71.5 sq m (770 sq ft)

First floor

Office, Kitchen, store - 37.00 sq m (398 sq ft)
Ladies and Gentleman Toilet facilities

Total area - 108.5 sq m (1,168 sq ft)

Lease

To let on a new full repairing and insuring lease plus service charge communal areas, with terms upon application.

Rental

£16,000 pax

VAT

VAT is applicable to the rent, service charge rent and insurance rent. Interested parties are asked to seek independent advice in relation to this matter. The position with regard to VAT is reserved at all times.

Service charge

There is a service charge applicable in respect of the upkeep of the communal areas. Further details upon request.

Business rates

Rateable Value (2023) of £13,000.

Small Business Rate Relief may be available to qualifying occupiers.

Neither New West Ltd nor the landlords offer any warranty in respect of the Rating and interested parties should speak to the Valuation Office Agent or Rushcliffe Borough Council.

Commercial energy performance certificates

Assessed as B47 to April 2028. A copy of the Energy Performance Certificate and Recommendation Report are available upon request.

Planning

The premises were formerly occupied by an accountant and prior to that Nat West Bank.

Planning was granted for the subdivision of premises to provide 1x B1/A2 unit at ground floor, 1x B1/A2 unit at ground floor and first floor, and alterations to shop frontage (17/02603/ful).

We understand the premises could suit a range of commercial uses now under the 2020 Use Classes provisions under the E Classes.

Please note that the ownership covers the block 2-16 The Square, from the Co-operative Supermarket up to the Chemists. Certain uses may therefore be prohibited on the grounds of Good Estate Management.

Neither New West Ltd nor the landlords offer any warranty in respect of the Planning Permissions, Building Regulations or Statutory Consents.

Interested parties are also asked to consult with the Local Planning Authority being Rushcliffe Borough Council Planning Department. Telephone:

Legal fees

The incoming tenants to be responsible for the landlords’ legal costs incurred in the transaction together with any Stamp Duty or VAT thereon.

Buildings insurance

The rental is exclusive of buildings insurance. The landlords insure and re-charge premium annually in advance.

Money laundering policy

In accordance with Money Laundering Regulations, two forms of id and confirmation of the source of funding will be required from the successful tenant.