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Retail Investment With Rear Access, 13 Low Street, Sutton in Ashfield, NG17 1DH

1,268 Sq Ft / Retail / General Retail

For Sale - £125,000.00

Sold - Last updated: 23 April 2020

The property comprises of a three storey terraced sales shop of brick construction under a slate with concrete interlocking tiled roof.  The premises have the advantage of a service access to the rear which serves the Idlewells Shopping Centre.  The property adjoins the YMCA store, opposite Yorkshire Bank and close to one of the main entrances to the Idlewells Shopping Centre where there are several national traders including Soecsavers, Superdrug, Boots the Chemist, Argos.  Nearby on Low Street are the Nationwide, Derbyshire and Halifax Building Societies, Timsons, Click photo point etc.  The premises have been fully refurbished over the last few years.

Location

The property is situated on the north west side of Low Street which is one of the principal shopping thoroughfares in the town leading from the old market place in the south west to Portland Square, Forest Street and Outram Street in the north east.

Sutton in Ashfield is a thriving market town with a population of approximately 42,000 and provides excellent facilities including a side range of shops, the Idlewells Shopping Centre and Asda, Aldi and Lidl supermarkets and retail leisure parks.  There is a wide range of schools and regular bus services to Mansfield, Nottingham and Alfreton which are some 4, 14 and 8 miles or so away respectively.  The town has very good road access via the A38 to Junction 28 of the M1 Motorway which is approximately 4 miles to the west. 

Accommodation

Sales Shop - 13'10" x 36'9" (4.23 x 11.22) - With large display window, air-conditioning unit, slap boarding to walls, fluorescent lighting and downlighters, rea delivery door, stairs to first floor.

Landing

WC - With low level WC, wash hand basin with hot and cold water.

Kitchen - 7'3" x 8'9" plus 4'5" x 2'3" (2.23 x 2.67 plus 1.37 x 0.7) - With stainless steel sink unit with hot and cold water, base unit below, triple wall cupboard

Inner Landing

Store Room - 6'3" x 2@7" (1.92 x 0.8) - With insulated hot water cylinder

Front Store - 16'1" x 14'4" (4.92 x 4.38) - With electric wall heater, fitted shelving

Stair to Second Floor Landing

Front Store - 14'3" x 18'7" (4.35 x 5.68) - With Regency style fireplace, fitted worktop, wall cupboard

Rear Store - 13'7" x 14'1" (4.14 x 4.3)

Outside - There is access to a service road to take deliveries

Summary of Floor Areas:

Sales Area - 45.21 sq m (488 sq ft)

First Floor Kitchen & Stores - 29.99 sq m (322 sq ft)

Second Floor Stores - 42.57 sq m (458 sq ft) 

Terms

Services - Mains water, electricity and drainage are connected to the property.  We understand that gas is available for connection.  No tests have been undertaken to any of the installations.

Rating - The Local Authority is Ashfield District Council

From our inspection of the Rating List on the Valuation Office website we understand that the premises have a rateable value of £11,250

Lease - The lease has recently been renewed and is for a term of three years from 11 June 2019 on an internal repairing, decorating and insuring lease.  The Lease is available for inspection at the Agents office.

Asking Price - Offers around £125,000

Costs - Each party are to bear their own costs.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers around For Sale Freehold £125,000.00 NA

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