Interested in this property? Call Mark Proudlove on +44 (0)113 388 4859 or Rebecca Heptonstall on +44(0)113 212 3500

Location

The subject premises are centrally located within an impressive terrace of Listed Building façades on Grainger Street close to TJ Hughes, Greggs, McDonalds, Bon Marche and CEX.

The subject property is in close proximity to the redevelopment of the Newgate Centre. When completed in 2019 the new scheme will provide student residential and a new 4* Maldron Hotel.

Also nearby, the Bigg Market is undergoing substantial investment and improvement in relation to the streetscape and retail environment generally to further complement Grainger Street.

Accommodation

The premises comprise the following approximate net internal floor areas:-

Demise Sq. ft. Sq. m.
Ground Floor 880 81.8

Rent

We are seeking rental offers of £48,000 per annum exclusive.

Tenure

Subject to Vacant Possession, the premises are offered by way of a new effectively Full Repairing and Insuring lease for a term to be agreed subject to five yearly upwards only rent reviews.

The premises trades under A1 retail planning use, but could be suitable for alternative uses, subject to planning.

Business Rates

The unit has a 2017 rateable value assessment of £39,250.

For further details visit Gov.uk or contact the business rates department in the local authority.

EPC

D

Legal Costs

Each party to be responsible for their own legal and professional costs incurred in this transaction.

VAT

Unless otherwise stated, all prices/rents are quoted exclusive of VAT.