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18, Regent Street, Mansfield, Notts

Per annum £10,000 Per annum

Enquiry

Features

  • Shop

To let at £5,000 for the first year plus VAT. Second year £7,500 plus VAT and Third year £10,000 plus VAT. Sales shop with a floor area of 45.99 sq.m (495 sq.ft) First Floor Stockroom with a floor area of 15.71 sq.m (169.10sq.ft) Prominent position close to the side entrance to Marks & Spencers in an established town centre area.

LOCATION

The premises are situated on the east side of the pedestrianised Regent Street, which leads from Market Place and Westgate to the south to Clumber Street in the north. Regent Street is one of the principle shopping thoroughfares in the town of Mansfield, which has a catchment population of 100,000 and serves as a sub regional centre for north west Nottinghamshire. The town is located some 14 miles north west of Nottingham, 13 miles south east of Chesterfield and 13 miles south of Worksop. There are regular bus services to each of these towns. There is a rail link to the town via the Robin Hood line to Nottingham and Worksop and there is excellent road access via the A38 and A617 to junctions 28 and 29 of the M1 motorway, which are approximately 8 miles distance.

There is a rail link from the town via the Robin Hood Line to Nottingham and Worksop and there is excellent road access via the A38 and A617 to junctions 28 and 29 of the M1 motorway which is approximately 8 miles distance.

DESCRIPTION

The premises comprise of a ground floor sales shop, which has partially been refurbished. The tenant will be responsible for installing a shop front but will be given a rent reduced rent for the first and second years for undertaking the necessary works.

ACCOMMODATION

Built Frontage 4.70m
Net Frontage 4.07m
Built Depth 12.9m

WC 1

With low level WC And wash hand basin with cold water supply and half tiled walls.

WC 2

With low level WC And wash hand basin with cold water supply and half tiled walls.

PREMISES

The premises are offered to let on a new, full repairing and insuring lease for a length of term to be agreed.

RENTAL

£5,000 PLUS vat for the first year. £7,500 plus VAT for the second year and reverting to £10,000 for the third year.

RATING

Local Authority: Mansfield District Council
We understand the property is currently nor assessed for rating purposes and will have to be re-assessed when the shop front has been installed.

PLANNING

The property has a long established use for A1 retail.

COSTS

Each party are to be responsible for their own legal costs involved with the preparation of the Lease and any stamp duty or land tax if applicable.

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