Double fronted shop in a prominent position on the north side of Sutton Road between King Street and North Street with car parking available currently used as a second hand furniture and antique shop. The warehouse is not fit for use.
The property is constructed of brick under a pitched rood which has been recovered with concrete interlocking tiles and has been utilised for many years for the sale of boots, shoes and safety footware and workware.
The premises adjoin DMB Computers, a cob shop, Chinese Takeaway, Gravity Salon, fish and chip shop and a terraced house. The premises are ideally suited for a wide variety of retailing purposes and have the advantage of a car park on North Street.
Location
The premises form part of a parade of shops and terraced houses situated on the north side of Sutton Road between King Street and North Street. Sutton Road is on e of the principal routes leading from Blackwell, Newton and Tibshelf to the large town of Sutton in Ashfield which is approx. 1 mile to the east. The premises are a short distance from the centre of Huthwaite which provides a wide rrange of local shop. There is excellent road access from Huthwaite via Common Road to the A38 and to Junction 28 of the M1 Motorway which is about 3 miles away. There are regular bus services from the Shop to Sutton in Ashfield where from there, there are frequent services to Mansfield, Nottingham and Alfreton.
Huthwaite has excellent road access to Junction 28 of the M1 Motorway which is approx. 3 miles away with regular bus services from Huthwaite to Sutton in Ashfield town centre.
Accommodation
Ground floor sales area - 91.58 sq m (985.8 sq ft)
Ground floor stores and kitchen - 20 sq m (215.3 sq ft)
First floor store and kitchen - 100.92 sq m (1,086.3 sq ft)
Second floor stores - 35.07 sq m (377.5 sq ft)
Total floor area - 247.57 sq m (2,664.9 sq ft)
Terms
Tenure - The premises are held Freehold
Services - Mains water, electricity and drainage are connected to the property but no tests have been undertaken to any of the installations. There is a gas supply to the property but the gas fired central heating system and gas fires are nho longer working and require replacement.
Rating - Local Authority: Ashfield District Council - The rateable value is £XXX There is a small business rate relief redemption scheme for any properties less than £XXX subject to various conditions. The property should be rate free.
From our inspection of the Rating List on the Valuation Office Agency website, we understand that the premises have a Rateable VAlue of £XXX
Lease - The premises are available on a new lease for a length of term to be agreed. Vacant possession from January 2020.
Rental - £XXX per annum for the first year
Repairs and Insurance - The tenant is to be responsible for all external and internal repairs and decoration together with insurance.
Legal Costs - Each party is to bear their own legal costs.