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Market Place, Retford
Offers in the Region Of £300,000

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    Market Place
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    Market Place
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  • TENURE- The Property is for Sale FREEHOLD at a Quoting Price of £300,000
  • VAT: IS Chargeable on the Sale
  • BUSINESS RATES: The Property is Assessed to Rateable Value £24,000 Giving Rates Payable for 2021 of Approx. £12,000
  • Storage & Yard Space to Rear
  • Comprehensive Gas & Electrical Infrastructure in Place
  • PLANNING: Previously Utilised as KFC- Class A3
  • Accommodation Over Three Floors
  • Large Ground & First Floor Retail Area
  • Minimum Yield 9% Gross (at previous rent level)
  • EPC Rating: TBC

The property has full frontage to Retford Square in the heart of Retford town centre. The large retail area is set over two floors with storage and a kitchen set to the rear of the ground floor, and toilet facilities set to the rear of the first floor. There are provisions to utilise the rear of the first floor and extension to the second floor to provide two residential apartments- subject to consents.


Accommodation:

Approx. net internal areas GROUND FLOOR: 110 M2 - 1158 sq. foot FIRST FLOOR: 102 M2 - 1170 sq. foot SECOND FLOOR: 100 M2 - 1050 sq. foot TOTAL: 312 m2 - 3278 sq. foot

Services:

Having a comprehensive gas and electrical infrastructure on both ground and first floor. Having been used as a KFC retail outlet previously.

Business Rates:

Planning:

Previously utilised as A3. Pre Application submitted for the development of first and second floors for residential use to potentially x3 apartments being x1 one bedroom and x2 two bedroom.

Tenure:

The property is being sold FREEHOLD.

VAT:

VAT will be applicable on the final sale price.

Legal Costs:

Each Party to Provide their own costs.

EPC Rating:

To be Confirmed.

General:

While 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 of Alexander Jacob Limited and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

Measurements:

These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

Services:

Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

MONEY LAUNDERING REGULATIONS:

Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

Particulars:

THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER ALEXANDER JACOB LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.


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Market Place
Retford DN22 6DR
County: Nottinghamshire
Sale Type: For Sale
Ref #: AJ001093

P: 07912 665831

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