Availability

To Let

Description

The subject premises area arranged over ground, first, second and third floors.

Location

Situated on a busy parade in the centre of Clifton a large suburb to the South of Nottingham. Other occupiers include Iceland, Boots , Savers, Greggs and Morrisons. The Health Centre is also directly opposite. Aldi and B&M are a short distance away.

The Tram line runs into Nottingham with tram stops outside the unit.

Servicing is to the rear of the premises.

Could suit alternative uses/development-hotel, pub/restaurant, offices, residential subject to planning.

Rent

£75,000 pa

Lease Term

The premises is held on a Long leasehold basis on a 150 year lease from 15/8/2001. The Council own the freehold. There is a ground rent payable of £500 pa.

Part of the ground floor ( 995 sq ft) is occupied by Bestway National Chemists Limited (marked blue on the goad) on a 15 year lease expiring on 5/9/2027 at £12000 pax ( ERV £18,000 pax). This would be sold as part of any interest in the LLH.

LH: offers in excess of £900,000 with the benefit of the income from the chemist.

Legal

Each party is to bear their own legal costs in respect of all legal documentation produced in this transaction.

Accommodation