Size - 600 sq ft Rent - £15,000 per annum Vat - Applicable Business Rates - £6,100 Small Business Rate Relief should apply Legal fees - Each party to bear their own costs Deposit - Equal to 3 months rent EPC - TBC The takeaway unit offers large window frontage and circa 600 sq ft of space - with rear stock room and prep room. Benefitting from customer entrance and waiting area, serving counter in situ, with open kitchen area with extractions. The first floor only offers ladder access but is suitable for storage. Staff and customer w/c. Location The area has excellent transport links with the A611 running North to South and midway between junctions 26 and 27 of the M1 Motorway. Nottingham is well positioned within the Midlands, with an estimated population of circa 280,000, the city can be accessed from 3 exits from the M1 (J24 in the South Via the newly built dual carriageway A453, J25 via the A52 at Derby, and J26 Via the A610 to the North) The A453 junction to the South of the City leads to Kegworth and Castle Donington, ideal for Nottingham East Midlands airport and Donington Racetrack. Terms Offered to let on fully repairing and insuring terms based on a 5 year lease agreement - The initial passing rent will be £15,000 per annum plus vat. Landlords building insurance will be re-charged at cost. A rent deposit equal to 3 months rent will be payable. Services We are advised that all mains services are connected to the property, these services have not been tested by the agent.
Specifications
Lease length
5 years
Costs & rates
VAT
Exclusive
Total annual occupancy cost
Estimate only — confirm exact figures with the agent.
Rent
£15,000
VAT (20%, rent exclusive)
+ £3,000
Total per year
£18,000
≈ £1,500 / month≈ £30.00 / sq ft / year
Agent hasn’t listed rates or service charge — ask them below.