About this property

Detailed Description

The property comprises of the main ground floor retail area being a single open plan space with glazed shop front and access door from Spa Lane. WC to rear. Air conditioning cassettes fitted with suspended ceiling and recessed lighting.

To the rear is a staircase leading to the first floor which comprises a store room plus office area, with windows to the front, and staff WC. At the bottom of the stairs is a door leading to the loading yard/parking area.

The property has the benefit of added security features - security shutter, CCTV cameras (no control box) and an alarm.

The property is within the town's conservation area.

Location

The property is prominently located on Spa Lane in the town centre and opposite Wilko and just along from the bus station and one of the town centre car parks. Other nearby shops include Tesco One Stop, Domino's Pizza and Iceland.

Retford is a vibrant and attractive market town with an immediate population of approx. 24,000 and a 10 mile radius population of 216,700 (Source EGi Town Report).

Accommodation

Total approx. gross internal area:

270 sq m (2,900 sq ft)

Business Rates

The shop is assessed to rateable value £22,000 giving a full rates payable of £10,978 for 2025/26.

Qualifying retail, leisure and hospitality users are entitled to a 40% discount for the year commencing April 2025.

Terms

To let on a new lease for a term of years to be agreed at a rent of £20,000 pa.

The landlord levies a service charge covering the maintenance etc of the common external areas. Building insurance is also recharged to tenants.