IMG_0224

262 Mansfield Road
Redhill
Nottingham
NG5 8JY

Offers in Region of £300,000
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PROMINENT ROADSIDE SITE

0.26 acres

Approximate Site Area

For Sale

Features Include....

  • ANNUAL RENTAL INCOME - £18,000 per annum (+VAT)
  • CURRENTLY UTILISED AS A CAR WASH AND VALETING SERVICE
  • INCOME PRODUCING INVESTMENT
  • Income Producing Investment Property
  • OFFICE AND WAITING AREA
  • OVERHEAD CANOPY
  • PROMINENT ROADSIDE POSITION

Property Summary

Description
The premises comprise of a prominently located roadside site which is currently utilised for a car wash and valeting service.
The premises benefit from an overhead canopy and a waiting area/office constructed of brickwork under a flat roof

Planning
The site benefits from a planning consent to be used as a car wash and valeting service.

Business Rates
Rateable Value: £6,800

Price
Offers in Region of £300,000 (Three Hundred Thousand Pounds)

Tenancy
The premises benefit from an exiting lease of five years duration from the 1st August 2018 at an annual rent of £18,000 per annum (+VAT).
The lease is excluded from the Landlord and Tenant Act 1954.

VAT
Unless stated all prices are quoted exclusive of Value Added Tax (VAT).

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

Energy Efficiency Rating
A copy of the Energy Performance Certificate is available upon request.

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

Viewing
Strictly by prior appointment through the sole selling agents, Musson Liggins..

Location
The subject site has a frontage to Mansfield Road (A60), at its junction with Redhill Road in the Redhill area of Nottingham.

Mansfield Road itself is the main arterial route in/out of Nottingham from the north and links Nottingham with Mansfield. Nottingham City Centre is approximately 4.5 miles distance to the south west whilst Mansfield Town Centre is approximately 10.5 miles distance to the north west of the site, both accessed directly by A60

0 - 10,000 sq ft

For Further Information Contact

Matthew Wade BSc (Hons) MRICS

Director

Professional Experience I first came to Nottingham in 1999 and my first job was as a graduate surveyor with FHP. I qualified as a chartered surveyor in 2000 and then joined Geo. Hallam & Sons and latterly Humberts where I..

Jack Farrell - Surveyor

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...

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