Key Information
- NIA: 4,597 sq ft (427.1 sqm)
- City Centre retail unit
- Suitable for variety of uses (subject to requisite consents)
- Within walking distance of Old Market Square & Nottingham Train Station
- Offers in the region of £650,000
The property is split over 5 floors to include basement, ground floor and 3 upper floors. The property provides a ground floor retail unit/sales area with part of the upper floors used for further sales and the majority a combination of offices and break out space. The specification varies throughout the property.
Location
The property benefits from a central location in Nottingham City Centre within walking distance of Nottingham Train Station and the Broadmarsh bus station. The property is also only a 8-minute walk from Nottingham Trent Universities main city campus as well as The Corner House leisure complex which includes operators such as Nando's, Wagamama's and Roxy Ball Room. Nottingham is a popular city with c. 50,000 students across Nottingham Trent University and Nottingham University and benefits from a vibrant nightlife and abundance of high-quality places to eat, drink and shop. The city is well serviced by excellent public transport with national rail links to London, and extensive tram (NET) network. The M1 motorway is situated to the west with Junction 24, 25 and 26 providing good access into Nottingham.
VAT
To be confirmed
Rates
From enquiries of the Valuation Office Agency (VOA) website we understand the current assessment is as follows: Rateable value: £48,500 pa Indicative Rates payable 2023: c. £24,201.50 pa Please note all parties are advised to make their own enquiries of the VOA.
EPC
The premises have an EPC assessment of: E-112
Viewing
Viewings are by appointment with sole agents Innes England
Legal Costs
Each party is to bear their own legal costs incurred.
Planning
We understand the property benefits from planning consent for: 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, restaurant, office, clinics, health centre and day nurseries. We note the property is situated within the Old Market Square Conservation Area. (This information is given for guidance purposes only and prospective parties are advised to make their own enquiries of Nottingham City Council).