Description
Property
The property comprises a purpose-built mid-terrace retail unit, located on a busy neighbourhood retail park, within close proximity to a number of regional and local retailers, including Spar and Barnardos.
The unit benefits from a shell specification with a prominent retail frontage and direct car parking in front.
Location
Gainsborough is a large historic market town with a population of circa 22,000. The town has undergone a number of recent regeneration projects, including the £39m Marshalls Yard development to provide a popular and thriving retail unit scheme, to also include office and residential space.
The Tillbridge Centre is located on the edge of Gainsborough, at the entrance to a large new homes development, providing easy access into the town centre, which is approximately 1 mile to the south.
Services
We understand that mains supplies are available and connected to the property. These have not been tested and interested parties are advised to make their own investigations to the relevant utility service providers.
Town & Country Planning
We understand that the property has consent for uses falling within Class E (Commercial, Business & Services Use) of the Town and Country Planning (Use Classes) Order 1987 (as amended).
Class E now encompasses a number of uses formerly known as A1 (Shops), A2 (Professional & Financial Services), A3 (Restaurant & Cafés), B1 (Business) and D1 (Clinics, Health Centre, Crèche & Day Nurseries).
Tenure
The property is available To Let by way of a new Full Repairing and Insuring lease, for a term to be agreed.
Service Charge
A service charge will be levied to cover the upkeep, maintenance and repair of all common parts of the development.
VAT
VAT will be charged in addition to the rent at the prevailing rate.
Legal Costs
Each party is to be responsible for their own legal costs incurred in documenting the transaction.