Ground Floor Cafe with two offices, wc and staff room at First Floor level occupying a very prominent position on Portland Square.
The property has the advantage of one parking space to the rear.
The subject property is situated on the east side of Low Street on Portland Square close to its junction with Forest Road and Outram Street.
Portland Square is shortly to be refurbished under the Towns Funding for Ashfield.
Low Street provides access to the Idlewells Shopping Centre where there are a number of retailers including Boots, Greggs, New Look and there is a large indoor market.
There is a large underground car park below the Idlewells and also parking at Asda which is a short distance away.
The subject property comprises a mid-terrace sales shop constructed of brick under a built up felt flat roof.
The premises until recently have been occupied by a cafe but are ideally suited for a wide variety of purposes.
The accommodation consists of the following:
4.99m x 8.73m (16'4 x 28'7 )
with 2 large sales display windows and central door, suspended ceiling, air-conditioning, 3 double seats, 8 circular tables, 15 chairs, L-shaped counter, stainless steel wash hand basin h&c, coffee and tea making machine, TV screen.
1.61m x 1.8m (5'3 x 5'10 )
with refrigerator
with door to outside
2.05m x 1.58m (6'8 x 5'2 )
with low level WC, wash hand basin c&h from electric water heater
3.7m x 4.99m (12'1 x 16'4 )
with 3 windows, 2 desks, 4 chairs, fluorescent light
5.06m x 2.78m (16'7 x 9'1 )
with table, 4 chairs and cabinet
2.98m x 5m (9'9 x 16'4 )
with wall cupboard
I calculate the floor areas to be:
Ground Floor 49.46 sq.m. (excluding rear lobby)
First Floor 50.94 sq.m.
Total Floor Area 100.4 sq.m.
Small yard with rear delivery door and parking for one car in the adjacent car park.
Ashfield District Council
We understand that the premises have a rateable value of ?10,250 with effect from 1 April 2023. As the rateable value is less than ?12,000 this means that Small Business Rate Relief would be applicable and no rates should be payable.
The premises are available to let on a full repairing and insuring lease at a rental of ?12,000 per annum
By appointment with the Agents.
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