To LetRETAIL

7, Stodman Street, Newark, Nottinghamshire, NG24 1AN

Description

The property comprises a well configured two storey mid terrace retail premises with an attractive glazed frontage to Stodman Street, Newark’s prime retail pitch within the town centre.

The premises are fitted out to a good standard for use as a hairdresser and salon, including 5 workstations. Overall the property is decorated to a good standard.

location

The property is prominently located within Newark town centre, just a short distance from Newark’s prime retailing location on Stodman Street, which is home to a number of established retailers including Holland & Barratt, Boots, EE and Costa Coffee.

Newark is an affluent market town situated alongside the A1 and East Coast Mainline with a resident population of circa 35,000 and a large and affluent catchment of circa 160,000 within 20 kms. The town enjoys above average retail spend from within its catchment (source CACI report).

services

Mains services including water, electricity and drainage are available and connected to the property. These have not been tested and interested parties are advised to make their own enquiries of the relevant service providers.

town and country planning

The current use of the property falls within Class A1 (Shops) of the Town & Country Planning (Use Classes) Order 1987 (as amended).

In the agent’s opinion the property may also be suitable for a variety of alternative uses, subject to the relevant planning permission.

tenure

The property is available To Let by way of an effectively Full Repairing and Insuring lease, for a term to be agreed.

vat

VAT may be charged in addition to the rental at the prevailing rate.

legal costs

Each party is to be responsible for their own legal costs incurred in documenting the transaction.