Key Information
- NIA: 11,141 sq ft (1,035.02 sq m)
- Dedicated car parking included and excellent public transport links
- Within walking distance of NTU and the Old Market Square
- High quality open plan offices within a period building suitable for residential conversion, subject to the requisite consents
- An information pack including the following is available online: - Property 999 year lease and car parking lease - EPC - Floorplans - Pre application and the council's response A link to the password protected information pack is available from the agents.
- £1,100,000
Poynt South comprises a high quality period office building arranged over three upper floors with the ground floor level providing a prominent frontage onto Upper Parliament Street. The property retains many of its original features but has been sensitively updated to provide modern open plan self-contained office accommodation benefitting from the following: - Suspended strip lighting - Comfort cooling / perimeter trunking - Carpet covered floors - Dedicated kitchenettes and wc's - Passenger Lift / video intercom system 3 car parking spaces are allocated to the building within the City Gate East car park next door.
Location
Poynt South occupies a prominent position on Upper Parliament Street (A6008) within the heart of Nottingham City Centre, providing ready access to retail and leisure amenities. Upper Parliament Street is one of the main entry points for the City Centre leading from Maid Marion Way (A6008)/Wollaton Street (A610). Further east, the A52 provides rapid access to the recently dualled A46 and the A610 links to Junction 26 of the M1 Motorway c. 5.4 miles north west. Great public transport links also serve the property with the NET tram network, Broadmarsh bus station and Nottingham railway station all within easy walking distance.
VAT
VAT is applicable.
Rates
From information taken from the Valuation Office Agency (VOA) website, we understand the property to have the following assessments:- GF rateable value: £48,500 (Rates Payable: £24,201 pa) 1st floor rateable value: £27,750 (Rates Payable: £13,847 pa) 2nd floor rateable value: £27,500 (Rates Payable: £13,722 pa) 3rd floor rateable value: £30,750 (Rates Payable: £15,344 pa) All parties are advised to make their own enquiries at the VOA.
EPC
The premises is assessed as a whole and has a rating of C-61.
Legal Costs
Each party will be responsible for their own legal costs incurred in the transaction.
Accommodation
Measurements are quoted on a Net Internal basis in accordance with the RICS Property Measurement Second Edition. All parties are advised 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, health centres, a gym, retail and day nurseries. The property is located within the Old Market Square conservation area. The property may be suitable for alternative uses such as residential, subject to obtaining the necessary consents, a pre application response from the local authority discussing this is available in the information pack. (This information is given for guidance purposes only and prospective parties are advised to make their own enquiries).
Viewing
Viewings are by appointment with sole agents Innes England.