Unit 21
Park Lane Business Park
Old Basford
Nottingham
NG6 0DW

Guide Price £500,000
Download PDFBook a Viewing

INCOME PRODUCING INVESTMENT

3146 sq, ft

Approximate Site Area

For Sale

Features Include....

  • 5 Parking Spaces
  • Air Conditoning
  • Warehouse & Office Space

Property Summary

The property comprises a modern two-storey hybrid office/ warehouse building of steel portal frame construction, with brickwork elevations beneath a composite tiled roof.

The principal features of the specification are as follows:-
• Ground and first floor predominantly open plan space
• Ground floor warehouse unit with designated entrance and security shutter.
• Suspended ceiling with inset lighting.
• Air-conditioned throughout.

The premises further benefit from designated parking for 5 vehicles in total.

Planning
We have identified that the property has a Lawful Use within Class E and B8. This should be confirmed through appointed solicitors.

Business Rates
Rateable Value: £24,750
For further information please contact Nottingham City Council on 0115 915 4819. Guide Price £500,000Tenure The property is available to purchase on a freehold basis.

Existing Tenancies
The property is currently occupied by Roodsafe Limited. The premises will be sold subject to a new 10-year lease at a rent of £34,000 per annum exclusive.

Energy Performance Rating
Copies of the Energy Performance Certificates are available upon request.

VAT
We have been informed that Value Added Tax (VAT) is applicable on this occasion.

Legal Costs
Each party will be responsible for their own legal costs incurred in this transaction.

Services
We understand that mains electricity and water are connected to the premises. However, we recommend that interested parties contact the relevant service providers to confirm this.

Viewing and Further Information
Strictly by prior appointment through the Sole Agents, Musson Liggins.
Further information is available on request to include covenant information.

The subject property is situated within the Park Lane Business Centre, a modern development of commercial units off Park Lane in the Basford area, a northwest suburb of Nottingham.

Park Lane leads into St Albans Road which links with the A611, Hucknall Road, via Kersall Drive. The A611 provides direct access to Nottingham City Centre approximately 3 miles distance to the southeast of the subject property.

Junction 26 of the M1 Motorway is within 3 miles distance to the west of the subject property accessed via the A610.
Basford is surrounded by the areas of Bestwood, Sherwood, New Basford, Bobbersmill, Aspley, Broxtowe and Bulwell, with Bulwell train station being approximately 1.5 miles distance to the northwest of the subject property accessed via Highbury Road.

0 - 10,000 sq ft

For Further Information Contact

Jack Farrell BSc (Hons) MRICS

Experience I have worked at Musson Liggins since May 2018 having previously worked at Bairstow Eaves in Nottingham. I assist with all aspects of General Practice surveying however the majority of my time is spent dealing with commercial property agency...

Fields marked with an * are required