Key Information
- NIA: 1,551 sq ft (144.1 sqm)
- Within walking distance of NTU and Nottingham City Centre
- 2 dedicated parking spaces to the rear
- Suitable for student and residential conversion (subject to requisite consents)
- Guide price: £325,000
The property comprises a striking Grade II listed period building split over five floors and consists of traditional brick construction under a pitched roof. Internally, the property is configured to provide storage accommodation at basement level (which has a unique view of a cave structure) and office accommodation on the remaining floors along with a cellular kitchenette at first floor level. The specification of the property mainly comprises of carpet flooring, gas central heating, air conditioning, and Cat II lighting. Externally, the property benefits from 2 allocated car parking spaces to the rear that is accessed via the side road, Fulforth Street.
Location
The property is located on Mansfield Road (A60) on the periphery of Nottingham city centre within an established commercial and student residential area. The main shopping and leisure amenities of the city centre are all within easy walking distance with the Victoria Centre almost being directly opposite the property, and the Old Market Square being within walking distance, as well as Nottingham Trent University's city campus. Mansfield Road (A60) is a principal arterial route providing access to Junction 26 of the M1 motorway c. 4.5 miles northwest. The property benefits from excellent transport links with the Nottingham NET Tram system running along Goldsmith Street/Waverley Street and with several bus routes running into and out of the city along Mansfield Road.
VAT
VAT is not applicable.
Rates
From enquiries of the Valuation Office Agency (VOA) website we understand the business rates area as follows: Rateable Value: £10,250 Indicative Rates payable 2024/2025: c.£5,114.75 pa It is understood that some parties may benefit from small business rates relief and therefore may not incur any business rates payment. All parties are advised to make their own enquiries of the Valuation Office Agency (VOA).
EPC
The property currently has an EPC rating of: E(119)
Legal Costs
Each party is to bear their own legal costs incurred.
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 there own measurements.
Planning
We understand the units benefit from the following use classes: Use Class E (Commercial, Business and Services use) under the Town & Country Planning (Use Classes) Order 1987 as amended. Making the premises suitable for uses such as a shop, cafe, office, clinics. The property is Grade II listed (Entry No. 1344934) and falls under the Arboretum Conservation Area. The property may be suitable for alternative uses subject to the requisite consent. (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