£69,950 For Sale

Nottingham Road, Somercotes

Key Features

  • Retail investment property
  • Ground Floor Terraced Shop
  • Producing £7,000 per annum
  • New seven year lease
  • Used for a barbers shop
  • Popular village location
A unique opportunity to acquire this ground floor investment retail property which enjoys a popular main road frontage to the busy B600. The property is let on a new seven year lease at a rental of £7,000 per annum and the current use is for a barbers shop. The accommodation comprises retail salon area with treatment room, kitchen and staff room and toilet.

Ground Floor Sales Shop (6.51m x 3.42m)

Please note all the fixtures and fitting belong to the tenant. With a frontage of 3.42 metres to Nottingham Road, laminate flooring, suspended ceiling with LED light panels, three head back basin stations, wood panelling to the walls and steps descend to....

Rear Entrance Hallway (2.58m x 1.59m)

Ceramic tiled floor, UPVc door to the rear and doors open to...

Treatment Room (2.55m 1.84m)

UPVc double glazed window.

Staff Room & Kitchen (3.11m x 1.75m)

Containing a range of base units, single drainer sink unit with electric water heater, UPVc double glazed window, part tiled walls.

Toilet

Containing a low flush WC, wash hand basin with electric water heater and UPVc double glazed window.

Lease Details

The property is let on a seven year lease dated the 22nd day of September 2020 at a rental of £7,000 per annum.

VAT

All prices are quoted are exclusive of VAT and VAT may be charged at the prevailing rate on rent and all other such costs.

Offer Procedure

Before contacting a Bank or Solicitor you should make your offer to our office and speak to a member of staff dealing with the sale as any delay may result in the sale being agreed to another purchaser incurring unnecessary costs.
Under the Estate Agency Act 1991 you will be required as soon as possible from making an offer to provide us financial information in order to verify your position before we can finally recommend your offer to the vendor. We will also require proof of identification in order to adhere to Money Laundering Regulations.

Disclaimer

Whilst we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office. SERVICES: The Agents have not tested any apparatus, equipment, fittings or services and so cannot verify they are in working order. The buyer is advised to obtain verification. MEASUREMENTS: Please note all the measurement details are approximate and should not be relied upon as exact.

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