38 Bridge Place, Nottinghamshire, S80 1JS

Summary

Double fronted retail unit with ample service yard in Worksop town centre

Location

Worksop is a popular market town with a resident population of approximately 42,000, located 18 miles south east of Sheffield and 13 miles north of Mansfield. The premises occupy an excellent position on the corner of Bridge Place and at the entrance to Priory Shopping Centre. Other nearby occupiers include Subway, Boyes, Card Factory, Vodafone, Iceland, B&M Greggs, and O2.

Description

The property provides accommodation over ground floor and first floor. The ground floor comprises of open plan retail space with ancillary accommodation to the rear including a service area. The first floor provides storage space and male and female WC facilities, with potential to expand if required. The property benefits from a substantial service yard for loading, parking and deliveries.

Rateable Value

Zero rates payable until 1st April 2021 as a Government tax break following the Covid-19 Pandemic for for retail, hospitality and leisure businesses. Prior that and from the information obtained from the Valuation Office Agency website we understand the demise is rated as follows:-

Address: 38, Bridge Place, Worksop, Notts, S80 1JS

Description: Shop and premises

Rateable Value: £50,000

We would advise prospective parties to verify the matter with the local rating office.

Lease Terms

The property is available to let by way of a new full repairing and insuring lease for a term to be agreed. Incentives are available for the right tenant.

Rent

£35,000 per annum. We are informed VAT is payable on the rent.

Excellent corner location in Worksop town centre next to the Priory Shopping Centre

Open plan sales area with large modern double shop front

Generous rear servicing yard

A1 retail consent with potential for other uses (STP)

Nearby occupiers include; Card Factory, Boyes, Subway, Greggs, 02, Betfred, etc