The subject property essentially comprises of two ground floor retail premises fronting Queens Road, together with further open plan created areas to the rear which will be accessed off the walkway to the right hand side of the property. The rear areas would be suitable for a variety of uses apart from retail purposes (subject to planning) and could possibly be used for storage or office purposes. Each unit will benefit from their own toilet facilities, as required.
Location
The property is located on Queens Road, Nuneaton, which is situated in the heart of Nuneaton town centre. The surrounding area is mainly of a retail nature, with a variety of different occupiers, including Next, Game, Waterstones, WHSmiths, McDonalds & HSBC.
Nuneaton is located approximately 24 miles east of Birmingham and 9 miles north of Coventry. Motorway access to the town is extremely good, being 5 miles north of the M6 junction 3 and having good links to the M69/M1 and M42 motorways. Rail services to London Euston are available in approximately 1 hour 12 minutes. Major facilities include Ropewalk Shopping Centre and the Abbeygate Shopping Centre.
Accommodation
In more detail the accommodation to be provided comprises the following on a net internal floor area basis:
Left Hand Retail Shop - 376 sq ft (34.9 Sq m)
Right Hand Retail Shop - 300 sq ft (27.9 Sq m)
Rear Retail Unit 1 - 274 sq ft (25.5 sq m)
Rear Retail Unit 2 - 468 sq ft (43.5 sq m)
Rear Retail Unit 3 - 502 sq ft (46.6 sq m)
Rear Retail Unit 4 - 475 sq ft (44.1 sq m)
The units are available together or individually, if adjacent to each other.
Terms
The individual units are available on new effective full repairing and insuring lease for at least 3 years. The rentals in respect of the units are as follows:
Left Hand Retail Shop - £14,000 per annum exclusive
Right Hand Retail Shop - £12,000 per annum exclusive.
Rear Retail Unit 1 - £6,000 per annum exclusive
Rear Retail Unit 2 - £6,550 per annum exclusive
Rear Retail Unit 3 - £7,000 per annum exclusive
Rear Retail Unit 4 - £6,650 per annum exclusive
As is standard the ingoing tenant will be responsible for the landlords legal costs incurred in the grant of the lease.
Specification
Mains electricity, water and drainage are connected to the subject property, with services being sub-metered as appropriate.
The units will be assessed for rating purposes following occupation of the same.
EPC Rating D