The subject property comprises a substantial ground floor sales shop with store room, office, WC and kitchen, further store with double doors to an access road to the side. The premises have, in recent years, traded as a post office and subsequently were occupied by Superdrug and are now currently occupied on a licence by a charity.
The premises occupy a prominent position adjacent to Cooplands Bakers, close to Heron Foods, Lloyds Bank , Boots Pharmacy, NatWest Bank, Co-op Pharmacy and Co-op Food Store.
Location
The subject premises are situated on the south side of Forest Road which is the principal shopping thoroughfare in the small village of Ollerton which serves a population of approx. 10,000 . Forest Road is the A6075 Mansfield to Dalton, Lincoln and Gainsborough road, and it is fully trafficked.
The village of Ollerton is situated close to the A614 Nottingham to Bawtry road and has good road access to the A1 which is approx. 7 miles to the north. The village is situated approx. 20 miles north of Nottingham and some 9 miles north west of the large town of Mansfield.
Accommodation
Sales Area 126.47 sq m (1361 sq ft) Stores, Kitchen & Office 89.2 sq m (959 sq ft) Very prominent position on Forest Road, the principal thoroughfare in this thriving village. There is an unloading area/ parking space at the rear of the property together with on street parking. Incentives available.
Sales Shop
20.08 x 9.37 (65'11 x 30'9 ) With two large sales display windows, recessed lobby with double doors, suspended ceiling, electric heaters.
Off the sales area there are two stores.
Rear Store 5.57m x 3.89 plus 2.44 x 2.42m (18'3 x 12'9 plus) With fluorescent lighting, stairs leading to Office.
Office 2.02m x 2.32 plus 1.31 x 1.02m (6'8 x 7'7 plus 4 ) With worktop and drawers, shelving, electric heater,
Ladies WC - With low level wc, wash hand basin , part tiled walls,
Kitchen 1.84m x 3.85m (6'0 x 12'8 ) With stainless steel sink unit, base unit below , worktop with drawers below, extractor fan
Stock Room 5.12m x 8.29m (16'10 x 27'2 ) With concrete floor, double doors.
Outside To the rear there is a delivery area where a tenant could easily park a couple of vehicles or larger van. Additional space could be created by removing the storage facility to the rear of the perimeter (subject to Landlords approval).
Terms
Rating
We understand from our inspection of the Rating List on the Valuation Office Agency web site, the premises have a rateable value of £13,750.
Lease
The premises are available to let on a new lease at an initial rental of £16,000 per annum subject to review after five years, on an internal repairing & insuring basis. Incentives may be available by way of a reduced rent for the first year or a rent-free period.
Planning
The property has an established use for A1 shop.
Legal Costs
Each party are to be responsible for their own legal costs.