Key Information
- GIA: 25,332 sq ft (2,353.42 sq m)
- Rare freehold opportunity in close proximity to the City Centre
- Suitable for alternative uses (subject to requisite consents)
- Car parking for 44 vehicles on site
- £1,550,000
The property comprises of two main elements, a former workshop which has been converted to an open plan office complete with partitioned meeting rooms and mezzanines providing further office space. However a separate small industrial element still remains. The other main element is a 3 storey building under a flat roof which is currently utilised for training and further offices and also benefits from a substantial breakout room and kitchenette. The specification varies throughout the property but generally encompases: -Carpet tiled covered floors in part -Suspended ceilings -Inset LED lighting and perimeter trunking in part -There are associated w.c's on each floor - Air conditioning with cooling and heating Externally the property provides car parking for 44 vehicles, with 4 benefiting from electric car charging ports.
Location
The subject property is located on Hooton street, just off Carlton Road. Hooton street is an established commercial location. The subject property enjoys easy access to the City Centre by car, with Carlton road (B686) being one of the main arterial routes leading to and from Nottingham's City Centre. The property benefits from good transport links being 7 miles in distance with junction 26 of the M1 as well as having easy access to public transport, with a bus stop located on Carlton Road providing access to the City Centre. Local amenities include Aldi supermarket, Shell petrol station as well as the KK sports and leisure centre situated within the Oxford Business College (Nottingham campus).
VAT
VAT is not applicable.
Rates
From enquiries of the Valuation Office Agency (VOA) website we understand the current assessment is as follows: Rateable value: £64,500 Indicative Rates payable 2023: c. £33,024 Please note all parties are advised to make their own enquiries of the VOA.
EPC
Available from the agents.
Legal Costs
Each party is to bear their own legal costs incurred.
Accommodation
Measurements are quoted on a Gross Internal basis in accordance with the RICS Property Measurement Second Edition. All parties are recommended to carry out their own measurements.
Planning
We understand the property benefits from planning consent for the following uses: - Class E (Commercial, Business and Services use), making the premises suitable for uses such as an office, clinics and day nurseries. However, we will advise that all interested parties make their own enquiries to Nottingham City Council.
Viewing
Viewings are by appointment with sole agents Innes England. Floor plans are availble from the agents.