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2-16 Institute Ln 721 SF of Retail Space Available in Alfreton DE55 7BQ
HIGHLIGHTS
- Prominent retail location
- Combination of local and nationals retailers nearby
- Prime position
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 2 | 721 SF | Negotiable | $29.70 CAD/SF/YR $2.48 CAD/SF/MO $21,415 CAD/YR $1,785 CAD/MO | TBD |
Ground, Ste 2
The premises comprise a retail unit with sales at ground floor level with the upper floors providing a combination ancillary accommodation including storage, staff breakout room and male and female wc facilities.
- Use Class: E
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Secure Storage
- Private Restrooms
- Smoke Detector
- Formerly occupied by Specsavers
- Available for occupation from February 2025
- Male and female wc facilities
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS
| Total Space Available | 721 SF | Gross Leasable Area | 16,342 SF |
| Property Type | Retail | Year Built | 1963 |
| Property Subtype | Storefront | Parking Ratio | 0.86/1,000 SF |
| Total Space Available | 721 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 16,342 SF |
| Year Built | 1963 |
| Parking Ratio | 0.86/1,000 SF |
ABOUT THE PROPERTY
A fire escape is located to the rear of the property at ground floor level leading on to New Street to the west. The property, formerly occupied by Specsavers, is currently having a schedule of works completed with further information available from the Agent. The property will be available for occupation from February 2025. The subject premises occupy a prominent location on the eastern side of the pedestrianised Institute Lane in Alfreton town centre, close to its junction with High Street. Alfreton benefits from excellent road communications sitting adjacent to the A38 which links Junction 28 of the M1 motorway with Derby. Institute Lane remains a prime retail location within Alfreton town centre with established retailers, including Boots, Greggs, Timpsons, Card Factory and Specsavers. The towns Tesco Superstore is also in close proximity. The property is situated adjacent to the Severn Square Car Park and Alfreton Bus Station.
- Banking
- Bus Line
- Security System
- Signage
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
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2-16 Institute Ln
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