Key Information
- GIA: from 9,184 - 19,350 sq ft
- 2 units available as a whole or separately both with c.9.52 - 10.81m clear internal height
- Substantial concrete surface yard for arctic turning and car park for 19 vehicles
- Easy access to J24/25 of M1 (10 miles) and A1 (18 miles)
- Unit 1: £84,052 per annum Unit 2: £93,108.75 per annum Whole: £177,160.75 per annum
The property comprises two industrial/warehouse units that are opposite one another with a gated concrete surfaced yard situated in-between the two units. Both units have the following specification: - c.9.52m minimum eaves height - 35kN per m floor loading - An electric roller shutter door per unit (c.3.87m x 4.78m) - 3 Phase power / LED spotlights - Office space, WC's and Kitchenette - Unit 2 has a dedicated meeting room The site benefits from a total of 19 marked car parking spaces within the yard. Unit 1 has 9 dedicated spaces, whilst Unit 2 has 10 dedicated spaces. There is also two bike racks situated within the yard.
Location
The property is situated on the established and popular Teal Park. With occupiers including Europcar, Harlow Timber Group and Park Logistics. The Park is situated at the intersection between Stoke Lane and Colwick Loop Road (A612) which forms the eastern gateway to Nottingham City Centre less than c.5 miles away from the property. The property also benefits from easy access to the £40 million Gedling Access Road which opened in 2022, allowing for greater connectivity to Northern conurbations of Nottingham. Colwick Loop Road also leads, in turn to the A46 providing direct access to both Lincoln and the M1 motorway. The property is well served by public transport links with Rivendell Academy bus stop being within a c.11 minute walk. The Park sits adjacent to the Aldi Supermarket the newly opened Popeyes and is also surrounded by several residential developments of Persimmon Homes, Charles Church and Avant Homes which are providing some 1,800 new houses. The popular Victoria Retail Park home to several established occupiers including Next, B&Q, Nandos and McDonalds is also within a c.5 minute drive.
VAT
VAT is applicable.
Rates
From enquiries of the Valuation Office Agency (VOA) website we understand the business rates are as follow: Unit 1 - Rateable Value: £49,250 Rates Payable 2025/2026: c.£24,575 pa Unit 2 - Rateable Value: £53,500 Rates Payable 2025/2026: c.£29,211 pa (This information is given for guidance purposes only and prospective occupiers are advised to make their own enquiries with the VOA)
EPC
The two units have the following EPC assessments: Unit 1: B(30) Unit 2: B(30)
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 party's are advised to carry out their own measurements.
Planning
We understand the property benefits from planning consent for the following Uses: Use Class E (Commercial, Business and Services use), B2 (general industrial) , 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 Innes England.