22-26 Carrington Street, Nottingham, Nottinghamshire, NG1 7FF

  • High specification fit-out
  • Highly prominent and striking building in a busy location
  • Ideal for leisure, retail, bars and restaurants
  • Grade 'A' specification
  • Impressive brand new full height glazed shop front
  • Adjacent to the new Broadmarsh Car Park city centre development
  • Low business rates

Description

The property benefits from an impressive full height glazed shop frontage onto the newly pedestrianised Carrington Street. The unit has been tastefully renovated and fitted to a Grade A standard. At present the premises are fully fitted as a fitness studio and is predominantly open plan in layout. The partitioning is light studwork and so the property can be reinstated or internally reconfigured at a relatively low cost.

Floor Area

Net sales area: 286 sq m (3,077 sq ft)
Gross area: 294 sq m (3,163 sq ft)
ITZA: 188 sq m (2,022 sq ft)

Viewing Arrangements

By appointment with the sole marketing agents.

Location

The property is situated on Carrington Street in a prominent position benefiting from very strong footfall. Carrington Street is the primary thoroughfare between Nottingham Train Station and the main office and retail areas of the city centre. Occupying a corner plot, the property is highly visible to passers-by.

Significant local investment
The property is located adjacent to the new Broadmarsh Car Park, offering 1,200 parking spaces on the doorstep. A landmark city centre development, Broadmarsh Car Park also contains a major Bus Station servicing local, regional and national routes, plus the new Nottingham Central Library and 8,568 ft of retail space. The public realm immediately outside the property is also being completely redeveloped, with £20 million being spent on providing full pedestrianisation around the new Broadmarsh Car Park from Carrington Street and Canal Street through to Lister Gate.

Ideal for a variety of occupiers
With strong levels of passing trade throughout the day, the property is ideally situated for retail or leisure. With a pedestrianised location, the property is also ideally situated for a bar, cafe or restaurant.

As well as the Broadmarsh Car Park, the southside area is home to several exciting new developments. Near to the property, the Nottingham College City Hub is a new campus for 2,000 students. Nearby is Unity Square, a new 260,000 ft regional HQ for HMRC accommodating 4,000 workers. The property is on the main pedestrian route between the Train Station and the new Nottingham Castle visitor experience. The established and popular canalside leisure area, Nottingham Crown Courts and Justice Centres are all close by.

Services

All mains services are available and connected, with the exception of gas.

Tenure

The property is available at £60,000 per annum ex, by way of a Full Repairing and Insuring sub lease or assignment with expiry October 2024. Interested
parties wishing to discuss a longer lease are advised to contact the sole marketing agents.

Legal Costs

Each party will be responsible for their own legal costs incurred in documenting the transaction.

Town and Country

The property benefits from Class E(b) (Commercial, Business & Service) which allows for the sale of food and drink on the premises.

Review Comments

The annual service charge applicable to the premises is £3,600 pa ex + VAT. The service charge also includes all water bills.

Your contact at NG is;

Ellis Cullen, Direct Dial: 0115 989 7092


To find out more about this property, give us a call on 0115 958 8599