Key Information
- GIA: 18,123 sq ft
- Located to the front of the prestigious Park Estate
- Retail, warehouse & 2 residential dwellings with 21 parking spaces
- Planning submitted to local authority for 141 beds. Available with or without the 2 residential dwellings
- The whole site (outlined in red) is available at £3,000,000. A party can purchase the whole site without the houses (outlined in yellow) at £2,500,000.
The property comprises of three retail units, each with a glazed frontage and dedicated entrance off Castle Boulevard. Internally, the units have been combined to provide open plan accommodation over a single floor plate. The units offer kitchenette, ancillary office, storage and WC facilities. To the rear of the units is a large warehouse accessed via a roller shutter door, incorporating a rear and side mezzanine suitable for additional storage. The property benefits from the following specification, total glazed frontage of 57.5 metres, eaves height of 4.24 metres and ample natural light throughout. Externally, there is an onsite car park with 21 marked parking spaces. The property also includes 2 residential dwellings, 49 & 51 Fishpond Drive (yellow), which benefit from a shared yard area.
Location
The property is prominently positioned to the front of the prestigious Park Estate with a large frontage onto Castle Boulevard, south of Nottingham city centre. Castle Boulevard has an average daily traffic flow of 18,332 vehicles and connects to Maid Marian Way, forming part of Nottingham's inner ring road and providing access to J24, 25 and 26 of the M1 Motorway. The property enjoys excellent public transport links, with bus services on Canal Street within a 5-minute walk. Nottingham railway station is also nearby, providing regional connections and direct services to London. The property can be conveniently accessed from Castle Marina Retail Park via a footbridge over Nottingham Canal, with operators including Costa Coffee & Curry's. Neighbouring occupiers on Castle Boulevard include And So To Bed, Easy Bathroom & Tiles and Sofas & Stuff.
VAT
VAT is applicable
Rates
From the Valuation Office Agency (VOA) website we understand the property has the following rating assessment: Unit 1: RV £27,250 / Rates Payable 2026/2027 c.£10,409.50 pa Unit 2: RV £43,250 / Rates Payable 2026/2027 c.£16,521.50 pa Unit 3: RV £71,000 / Rates Payable 2026/2027 c.£30,530 pa House 1: 49 Fishpond Drive - Council Tax Band C House 2: 51 Fishpond Drive - Council Tax Band C All parties are advised to make their own enquiries of the Valuation Office Agency (VOA). Some parties may benefit from small business rates relief dependant on their circumstances. Please note, the Workplace Parking Levy for car parking and Park Rates rates may be applicable.
EPC
Available from agents
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. Residential measurements are quoted from their EPC ratings. 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 a variety of uses. As well as Class C3 (Dwelling House). Please note the property falls within the Nottingham Canal Conservation Area. (This information is given for guidance purposes only, prospective parties are to make their own enquiries with the local authority).
Viewing
Viewings are by appointment with sole agents Innes England