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116 Front Street 116 Front Street, Arnold, NG5 7EG

£ 25,000 pa / 1,135 sq ft
116 Front Street, Arnold - Picture
Use Class

Use Class

E

Size

Size

1,135 sq ft

Rent pa

Rent pa

£25,000

Prominent retail unit available in busy town centre opposite Asda Supermarket. The High Street is home to a mix of local and national occupiers, including CEX, NatWest, Fultons Foods and Card Factory.

Arnold is a busy market town situated approximately 5 miles north of Nottingham City Centre. At the time of the 2011 census, Arnold had a population of 37,768.

Accommodation

1,135 Sq.Ft

The premises are arranged over ground floor only.

Dimensions
Feet
Metres
Gross Frontage
18.4
5.6
Net Frontage
17.7
5.4
Internal Width
17.4
5.3
Shop Depth
69.2
21.1
Areas
Sq.Ft
Sq.M
Ground Floor Sales
964
89.6
Ground Floor Ancillary
171
15.9

Financial

Lease Type

Existing Lease

Lease Term

The premises are held by way of an effective FRI lease expiring on 11th May 2027 subject to an upward only rent review and tenant only break with effect 12th May 2022 at a current rental of £25,000 p.a. excl. Please note, the tenant has served the break notice and so the lease expires with effect May 2022. Offers are invited on an assignment or underlease basis with terms available upon request.

Rent

Subject to contract, rental offers are invited in the region of £25000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

Rates payable may be subject to transitional relief and interested parties are advised to make their own enquiries to the Business Rates Department of Gedling Borough Council – Tel: 0115 901 3901

Tenure

Leasehold

Rates

Rateable Year:
2020
Rateable Value:
£22,750.00

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 21/01/2022