About this property

Detailed Description

This is a modern retail unit of brick construction fronting Carolgate with rear delivery access and staff parking (the number of spaces to be included to be agreed) off Beardsall's Row.

The fully glaze shop front is approx. 10.4m (34 ft). The main shop area has air conditioning. To the rear of the retail area is storage. There is a separate staff area.

The first floor to the front is let out separately as offices and has its own door and access from Carolgate.

Location

The property is located on Carolgate which is Retford's main retail street and a pedestrianised area.

Nearby occupiers include Rymans, Superdrug, Costa and Greggs.

Retford is a vibrant and attractive market town with an immediate population of approx. 22,000 and a 10 mile radius population of 216,700 (Source EGi Town Report).

Accommodation

Approx net internal floor areas (currently taken from the VOA website):

Ground floor retail 415.3 sq m (4,470 sq ft)
Ground floor storage 21.8 sq m (235 sq ft)
First floor 174.2 sq m (1,875 sq ft)
TOTAL 611.30 sq m (6,580 sq ft)

Business Rates

The property is assessed to rateable value £48,500 giving a full rates liability of £24,201.50.
All Retail, leisure and hospitality users are entitled to a 75% discount for the year commencing April 2023.

VAT

Chargeable on the quoted rent.

Terms

To let on a new lease for a term of years to be agreed at a rent of £45,000 per annum and including an agreed number of staff parking spaces in the rear car park.