Key Information
- GIA: 22,399 sq ft (2080.9 sq m)
- Self-contained site of 0.84 acres (0.34 hectares)
- 19 parking spaces
- Suitable for a variety of purposes, subject to planning
- £90,000 per annum.
The property comprises a purpose-built, detached commercial building situated on its own self-contained site of 0.84 acres at the junction of Arnold Road (B6004), Wallis Street, and Wilton Street. To the front are two-storey offices/showrooms and a canteen. The office accommodation is of solid floor construction and provides a combination of open-plan and cellular office space, as well as ancillary storage areas. The main accommodation comprises a single-storey warehouse/production area of northlight roof construction. Loading is via three roller shutter doors located on the side and rear elevations. The workshop/production space has a parquet wooden floor, fluorescent strip lighting, and a clear working height of c.2.88 metres. Externally, there are 19 marked parking spaces, and the site benefits from vehicular access around the building, with entry points on all three road frontages.
Location
The property is situated in the Old Basford area of Nottingham which lies approximately 4 miles northwest of the city centre. The general locality provides a mix of commercial and residential accommodation. Nearby occupiers include Crown Decorating Centre, BM Steel and Nationwide Windows. The property benefits from good road communications being within approximately a 1/3 mile of Nottingham's Ring Road which in turn provides access to Junctions 24, 25 and 26 of the M1 motorway.
VAT
We have been advised that the property has not been elected for VAT purposes and therefore VAT is not payable on the rent.
Rates
From enquiries of the Valuation Office Agency (VOA) website we understand the business rates are as follow: Rateable Value: £66,500 Estimated Rates Payable 2025/2026: £36,907.50 (This information is given for guidance purposes only and prospective occupiers are advised to make their own enquiries with the VOA)
EPC
The premises have an EPC assessment of: E(113)
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.
Planning
The property is presently used as a warehouse and production facility therefore we understand that the property benefits from Use Class E (Commercial, Business and Services use), and B8 (Storage & Distribution). (This information is given for guidance purposes only and prospective parties are advised to make their own enquiries of the local authority).
Viewing
Viewings are by appointment with sole agents Innes England.