- Prominent retail unit with return frontage
- Well presented property
- Qualifies for 100% Small Business Rates Relief
- EPC band D
PROMINENT GROUND FLOOR RETAIL UNIT WITH RETURN FRONTAGE
615 SQ FT
About this property
Detailed Description
The property provides an open plan ground floor retail area with large display windows. Single WC at rear. The property has been maintained in excellent order.
The current tenant is looking to leave due to ill health.
The floor above is offices let separately with their own access.
Location
The property is located on Exchange Street in the centre of Retford and just off Carolgate which is the main retail area.
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 net internal approx. 615 sq ft (57.14 sq m).
Business Rates
The property is assessed to rateable value £7,100 giving a rates payable of £2,712.20 for 2026/27 using the small business RHL multiplier.
Qualifying small businesses will be able to get 100% Small Business Rates Relief.
Please check this information with Bassetlaw District Council tel. 01909 533533.
Terms
*The property is to let on a new lease on a stepped rent:
Year 1 £10,000 + VAT
Year 2 £11,000 + VAT
Years 3 to 5 £12,000 pa + VAT
The current tenant will vacate simultaneously with the grant of a new lease.
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Brown&Co