1,362 SF of Retail Space Available in Worksop, NTT

LOCATION The premises are situated within Worksop Town Centre just off the pedestrian Bridge Street zone and fronting the corner of Bridge Place and opposite Watson Road. The premises are adjacent to Waddington Menswear, Alitalia Bistro, Brendan Clarke-Smith MPs office and a British Heart Foundation Furniture Store. There are pedestrian cut throughs and crossings around Bridge Place, Watson Road and the 100 plus shoppers Pay to use car park linking to The Priory Shopping Centre. North Notts College delivers a range of higher-level qualifications that are hosted at The Bridge Skills Hub, located in the heart of Worksop town centre opposite the unit. The state-of-the-art Education Centre is kitted out with the latest technology and equipment. It houses six classrooms, several breakout spaces, private offices, an auditorium, two clinical teaching rooms, and its very own clinical suite and mock ward. These facilities offer students exposure to real-world environments while providing a safe space for learning. DESCRIPTION The premises comprise a ground floor sales unit with a central recessed display frontage with the benefit of electrically operated shutter (not tested) and double door access. There is a staircase internally providing access to first floor multi-use space, kitchen and storage accommodation. ACCOMMODATION Ground Floor Sales - 80.0 sq m (860 sq ft) First Floor Showroom 46.6 sq m (502 sq ft) Kitchen/Store area 28.2 sq m (304 sq ft) WC facility Net Internal Area 154.8 sq m (1,666 sq ft) LEASE A new internal repairing and insuring lease plus service charge for a term of years to be agreed, subject to 3 yearly upward only rent reviews. RENTAL £12,000 pax. RATING ASSESSMENT The VOA has assessed the premises with a Rateable Value of £13,000 (2017). There will be Small Business Rate Relief applicable given the Rateable Value is below £15,000. Interested parties should make their own enquiries with regard to the Local Rating Authority and the Small Business Rate Relief that may available (subject to eligibility). BUILDINGS INSURANCE The landlords insure the block as a whole and reclaim the premium annually in advance for the relevant units. SERVICE CHARGE The landlords operate an "as and when" service charge in respect of the maintenance and upkeep of communal areas. Further details are available upon request. PLANNING We understand that the last use was for retail purposes. The premises should therefore come under the E Classification from 1 September 2020 which covers A1 (retail shops), A2 (financial services) and A3 (restaurants and cafes). The E Class also encompassed Offices B1(a), Research & Development B1(b) and some medical/clinic type uses under D1 and Gymnasiums under D2. This would mean that Planning Permission for change of use would not be required. Planning was obtained for change of use from retail shop under A1 to Dental Practice under D1 5th February 2019 but not implemented. No warranty is given in respect of the Planning, Building or Fire Regulations and interested parties are asked to consult with the Local Planning Authority with regard to their proposed use namely Bassetlaw District Council, telephone no: 01909 533491. COMMERCIAL ENERGY PERFORMANCE CERTIFICATE The premises are assessed as D92. Certificate Reference No: 4583-4014-2218-5856-9172. A copy of the Energy Performance Certificate and Recommendations Report can be made available upon request. LEGAL FEES The incoming tenants to be responsible for the landlords' legal costs incurred in the transaction together with any Stamp Duty or VAT thereof. MONEY LAUNDERING In accordance with the Money Laundering Regulations, two forms of ID, references and confirmation of the source of funding will be required from the successful tenant. VAT We understand that the landlords charge VAT in respect of the premises. The position with regard to VAT is reserved at all times and VAT is applicable to the rental, insurance rental and service charge. Floor number: Ground Central location, Busy retail parade, FLEXIBLE TERMS - RENT £12,000 PAX, 0.4 miles to Worksop train station, TO LET ON NEW LEASE