Ruddington Nottingham NG11 6EH

For Lease £7,200 P.A.

Property Details

Ruddington Nottingham NG11 6EH

For Lease £7,200 P.A.
Description

Retails unit To Let - all leasehold enquiries

- Nottingham

Vacant retail unit Ruddington High Street
5 year lease with 3 year break clause
555 sq ft space inc catering kitchen & w/c
£7,200 per annum with 2 months rent free subject to status
All leasehold uses considered STPP

LOCATION
Ruddington is a village situated 5 miles south of Nottingham in the Borough of Rushcliffe. It had a population of 6,441 at the 2001 UK census, increasing to 7,216 at the 2011 census. An independent community, adjoining suburban districts of Clifton and West Bridgford. Ruddington is also home to Rushcliffe Country Park. Easily access from the A606 at Edwalton, which connects with the A52 and a short distance to the A46 approximately 8.5 miles to the East. The M1 motorway is easily reached via the newly refurbished and improved A453, joining the M1 at junction 24.

DESCRIPTION
Occupying the ground floor of a 3 storey mid terrace building with the uppers floors occupied for residential use.

ACCOMMODATION
Ground floor space measuring 555 Sq Ft, with open plan shop and catering kitchen (this can be removed if not required). W/c and store room.

AMENITIES
Located in the centre of the Village of Ruddington, bennefitting from all local shops & offices. With good car and bus routes into the City centre and surrounding villages.

SERVICES
We are advised that all mains services are connected to the property with the exception of mains gas. These services have not been inspected or tested by the agent.

TERMS
Offered for let on a new 5 year lease with break option available at year 3 – The initial passing rent is £7,200 per annum – paid quarterley in advance – 3 months rent deposit and references will be required. For first time operators a business plan and cash flow forecast will be requested.

OUTGOINGS
According to the Valuation office agency website the current rateable value is £6,765 – Subject to to the individual staus of the new tenant, full rate relief should be available, interested parties should contact the local billing authority for more information.

VAT
We are advised that VAT will be chargeable on the Rent and on any Service charges and Landlords Insurance contributions required.

LEGAL COSTS
Both Parties will be responsible for their own legal costs.

SERVICE CHARGE
The are no communal areas so no service charge will be applicable. Tenants will be responsible for a shar eof the buildings insurance. Contents and window glass insurance will be the tenants responsibility.

PARKING NOTES
Located in the centre of the village with ample public car parking. There is no parking included within the demise.

PLANNING
The current planning allows for A1 retail use – all leasehold uses will be considered STPP.

OTHER
Finance may be available through Independent Financial Brokers and Moores Commercial would be pleased to make an introduction for you. The Brokers are completely Independent of Moores Commercial and will offer confidential, unbiased advice regulated by the Financial Authorities. Please ask for further details.

VIEWING
Viewing is strictly by prior appointment via the sole agents Moores Commercial Tel: 01664 431330 or via email office@moorescommercial.com

Moores Commercial offer a unique personal service helping clients with all aspects of commercial property across the Midlands