Key Information
- NIA: 3,970 sq ft (368.82 sqm)
- 13 dedicated car parking spaces
- Excellent transport links including convenient access to the A52
- Established business park within walking distance of Riverside Retail Park
- £61,535 per annum (£15.50 psf)
The property comprises the ground floor suite within a purpose-built two storey office, benefiting from the following specification: - Comfort cooling & heating system - Raised floor incorporating floor boxes for power and data cabling - Suspended ceiling with inset LED lighting (to be installed) - Several glazed partitioned meeting rooms - Communal WC's that have recently been refurbished with further refurbishment to communal areas to be carried out - Staff breakout, kitchen area and shower facilities Externally, the suite benefits from 13 marked car parking spaces within the shared car park, which are highlighted in blue on the plan provided on page 4.
Location
Loxley House is situated on Riverside Business Park which fronts Queens Drive (the A453), a main arterial route linking Nottingham city centre to the ring road. Others occupiers on this established Park include Knights Solicitors and St James's Place. The Park benefits from excellent public transport connections with regular bus services running from the nearby Queens Drive park and ride facility to the City Centre, with the nearest bus stop within 165m on Electric Avenue. The property is situated close to Nottingham's Tram network, with the Ng2 Business Park stop being within walking distance. The Park also benefits from excellent road communications being within half a mile of Nottingham's ring road which in turn provides access to Junctions 24, 25 and 26 of the M1 motorway. Ancillary leisure and retail facilities on the Park include a hotel, pub/restaurant and the Riverside Retail Park whose occupiers include Boots, Next and Home Bargains.
VAT
VAT is not applicable.
Service Charge
A service charge will be payable in respect of the maintenance and repair of the structure and common parts of the building and estate. Details of the current passing service charge is available from the agents.
Rates
From information taken from the Valuation Office Agency (VOA) website has the following assessments: Current Rateable value: £44,250 Indicative Rates Payable 2025/2026: c.£22,080 pa All parties are advised to make their own enquiries of the Valuation Office Agency (VOA).
EPC
The premises have an EPC assessment of: C-70.
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 their own measurements.
Planning
We understand the units benefit from the following use classes: Use Class E (Commercial, Business and Services use) making the premises suitable for uses such as a cafe, office, clinics and health centres. (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