About this property

Detailed Description

The building is a former TSB bank with accommodation over 3 floors. The ground floor is largely open plan whilst the upper floors are subdivided into a number of rooms. WCs are located on the second floor although we believe it would be possible to create a ground floor WC if necessary.

The property has planning consent to split the ground floor into 3 small shops with apartments on the upper floor. However, the landlords aren't proposing implementing this at this stage.

The property is located in the town's Conservation Area.

Location

The property is uniquely situated on the corner of Carolgate and Grove St, offering dual aspect frontage, capturing high levels of both foot traffic and vehicular traffic and fronting two of the busiest commercial roads in the town. In addition, the property is adjacent to the market square offering high visibility and lending itself to a vast range of uses from offices to cafes.

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

Approximate gross internal floor areas:
Ground floor 1,309 sq ft
First floor 1,223 sq ft
Second floor 552 sq ft
Total 3,084 sq ft

Business Rates

The property is assessed to rateable value £40,000 giving a rates payable of £15,280 for 2026/27 using the Small Business RHL Multiplier. The building will be reassessed if split.

Subject to potential future government small business rates relief.

Please check this information with Bassetlaw District Council tel. 01909 533533.

Terms

*The property is either to let as a whole building at a rent of £23,000 pa or consideration will be given to a letting of just the ground floor at a rent of £18,000 pa.
Please contact the agents for further details.