Overview
• Terms
• Viewing
The property occupies a good location just off Nuthall Road approximately 3 miles from Nottingham City Centre and 2 miles from the M2 motorway.
The property comprises a ground floor cash and carry warehouse with ancillary offices and good forecourt for parking and loading.
ACCOMMODATION
The accommodation comprises;
WAREHOUSE with Draught Lobby, Office, Ladies and Gents W.C. and main Cash and Carry Warehouse.
The gross internal area extends to 8,047 sq.ft. (747 sq.metres). The premises have an eaves height of 13'6″ (4.13 metres). The accommodation is heated by gas warm air blowers.
Location
• City: Nottingham
TERMS
The property is held on a 21 year Lease from the 20th September 1997 on an internal repairing basis with rent reviews at three yearly intervals at a current annual rent of £34,000 per annum. The tenant constructed approximately 1,300 sq.ft. of new space for which no rent is chargeable under the Lease. The tenant is entitled to 21 years rent free enjoyment of this accommodation following its completion.
The tenant is seeking to assign the balance of the Lease.
RATEABLE VALUE
On enquiry of the Valuation Office website we understand the property is assessed for rating purposes at Rateable Value £22,750. Transitional relief may affect the rates payable quoted.
Listed Features
- Heating
- Office
- Reception
- Parking
- Column Free
