Ground Floor Shop in Langold village - SOLD

Key Points

• Ground floor retail unit located within established retail location
• Small business rate relief should apply for most incoming tenants
• Suitable for a range of retail / service businesses
• Available on a new lease on flexible terms

Description

The property comprises a ground floor retail premises. The accommodation comprises of a front sales area, rear sales / storage areas and WC and kitchenette facilities to the rear. The property benefits from water, electricity, and drainage. This retail unit could be suitable for a range of retail uses.

Location

The property is located on Doncaster Road in the main retailing location in Langold village. Langold is a village in Bassetlaw, North Nottinghamshire. Worksop can be accessed via the A60 to south and the M1, A1 and M18 are within reasonable proximity.

The property is close to a number of other retail occupiers including One Stop, Post Office, My Dentist, barbers, etc

Rating Assessment

Rating assessment to be confirmed. The property may qualify for Small Business Rate Relief. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes

Lease Terms

The property is available on a new lease on terms to be agreed. The landlord will consider offering half rent in year one for a suitable tenant.

Rent Deposit

The landlord will seek a rent deposit to be held over the terms of the lease.

Rent

£400pcm. Rent to be paid monthly or quarterly. We are informed VAT is not payable on the rent. The landlord will consider offering half rent in year one for a suitable tenant.

Price

£40,000. Offered on a new 250 year long leasehold interest.