£39,000 pa

Retail premises to let

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£39,000 pa

(£11.76/sq. ft. pa)

Retail premises to let

Upper Parliament Street, Nottingham NG1

3,316 sq. ft

Available immediately

Local area information

Property location

Nearby amenities

  • Sutherland House School (SEN) 0.4 miles
  • Stone Soup Academy 0.4 miles
  • Nottingham 0.6 miles
  • Netherfield 2.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Nottingham to find out more about the local area.

Features and description

  • Part furnished
Location

The property is located in Nottingham city centre on a prominent corner position between Upper Parliament Street and King's Walk, a short walk from the Market Square and the Victoria Centre. The wider area is of mixed use comprising a variety of residential, shops, offices, cafés and restaurants. Occupiers within the immediate vicinity include Greggs, Prezzo and Tesco Express. Situated in the heart of Nottingham city centre the unit benefits from a wide range of amenities close by and good transport links with easy access to the A60, Nottingham train station and Broadmarsh bus station.

Nottingham is a vibrant city in the East Midlands located approximately 110 miles north of London, 33 miles south of Sheffield and 45 miles north-east of Birmingham. The city can be accessed via the M1 from the north and south and the A52 from the east and the west.
Description

The property is a substantial three storey retail unit of traditional brick construction with large windows providing plenty of natural light. On the ground floor the accommodation comprises a main retail area with W.C to the rear. The first and second floors comprise an array of different rooms suitable for ancillary retail space, offices, or storage. The property is grade 2 listed and finished to a high specification, benefitting from the following features;

- Large basement
- Glazed frontage onto busy Upper Parliament Street
- Gas fired central heating
- Laminate flooring to part
- Air conditioning
- Period features
Accommodation

From measurements taken from the Valuation Office Website, we understand the property has the following net internal floor area;

Total NIA- 308.1 sq m (3,316 sq ft)
Services

We understand that mains electricity, gas, water and drainage are connected. None of the heating systems or any other plant and equipment have been tested by Commercial List and prospective lessees must rely on their own investigations as to their existence and condition.
Business rates

From enquiries made through the Valuation Office website, we understand that the following rating assessment applies;

Rateable value: £32,250

Interested parties should make their own enquiries as to the amount of rates payable.
Terms

The premises are available to let by way of lease assignment at a passing rent of £39,000 plus VAT per annum, please contact the agent for a copy of the lease. A new lease may be available with terms to be negotiated.
EPC

Energy rating: N/A
VAT

We understand that VAT will be charged on the rent.
Legal costs

Each party to pay their own legal costs incurred.

More information

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  1. Zoopla
  2. Commercial to let
  3. Nottingham
  4. Nottingham City Centre
  5. Upper Parliament Street