8-10 St Peter's Gate, Nottingham

  • High Street Shop Unit NIA: 1,245 SQ FT (115.6 SQ M)
  • To Let
  • Leasehold
  • £24,000 per annum
  • 8-10 St Peter's Gate, Nottingham
  • 8-10 St Peter's Gate, Nottingham
  • 8-10 St Peter's Gate, Nottingham
  • 8-10 St Peter's Gate, Nottingham
  • 8-10 St Peter's Gate, Nottingham
  • 8-10 St Peter's Gate, Nottingham

GROUND FLOOR SALES - 317 SQ FT (29.4 SQ M)

RETAIL UNIT HAS BEEN REFURBISHED

LOCATED OPPOSITE MOLTON BROWN & THE WHITE COMPANY

CLOSE TO BRIDLESMITH GATE & EXCHANGE WALK

HIGH VOLUME OF DAILY FOOTFALL

AVAILABLE IMMEDIATELY

QUOTING RENT - £24,000 PAX

 

LOCATION

The subject premises occupy a prominent location on St Peter’s Gate in the heart of Nottingham city centre.  St Peter’s Gate offers a busy city centre location which links Bridlesmith Gate, Exchange Walk and Albert Street.

The property is conveniently located opposite Molton Brown and The White Company and next door to Kiehl’s and The Tokenhouse, with other notable nearby occupiers including Marks & Spencer, Fat Face and Waterstones.

DESCRIPTION

The subject premises form part of a four-storey Grade II listed building with retail accommodation on the ground floor and ancillary offices / storage to the three upper floors.

The ground floor retail unit is accessed directly off St Peter’s Gate by way of a fully glazed door.  The shop front and interior of the retail unit have recently been redecorated and are ready for an incoming tenants fit-out.

A communal entrance in between the subject premises and Kiehl’s provides access to the upper floors and WC facilities.

The upper floors comprise three identical rooms which can be used as either office, storage or breakout accommodation and will be refurbished by the Landlord, subject to the requirements of an incoming Tenant.

ACCOMMODATION

From measurements taken on site the property has the following approximate Net Internal Area in accordance with the RICS Code of Measuring Practice, 6th Edition:

Description

M²

Ft²

Ground Floor Sales

29.4

317

First Floor Ancillary

28.2

304

Second Floor Ancillary

29.2

314

Third Floor Ancillary

28.8

310

Sub-total

115.6

1,245

TERMS OF DISPOSAL

The premises are available by way of a new effective fully repairing and insuring lease for a minimum term of 3 years at a rent of:

£24,000 per annum

SHORT TERM OCCUPANCY

Consideration will be given to a short term let over the Christmas 2023 period.  Further information available from the Agent on request.

BUSINESS RATES

From enquiries made of the VOA website we understand that the property is currently assessed as follows:

Local Authority:             Nottingham City Council

Description:                  Shop & Premises

Rateable Value:            £23,250

PLANNING

From enquiries made of Nottingham City Council we understand that the property currently has the benefit of planning consent for use under Class E and can therefore be used for the following uses; retail shop, financial and professional services, cafe or restaurant, office use, clinic, health centre, creche and gym.

Interested parties are advised to make their own enquiries of Nottingham City Council in respect of their proposed use.

SERVICES

We understand that mains water and electricity are available and connected to the premises.

VAT

All rents are quoted exclusive of VAT, if applicable.

ENERGY PERFORMANCE CERTIFICATE

An Energy Performance Certificate has been requested and will be made available upon receipt.

LEGAL COSTS         

Each party will be responsible for their own legal costs involved in this transaction.

Viewing

Strictly by appointment only with the sole agent Geo Hallam & Sons:

Downloads

Location Map

Property Particulars

MISREPRESENTATION ACT: Geo Hallam & Sons for themselves and for the Vendors or lessors of this property whose agents they are give notice that:

  • 1) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute part of an offer or contract.
  • 2) All descriptions, dimensions, references to conditions and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to correctness of each of them.
  • 3) No person in the employment of Geo Hallam & Sons has any authority to give any representation or warranty whatsoever in relation to this property.