Key Information
- NIA: 6,781 sq ft/GIA: 9,005 sq ft
- Within walking distance of NTU and Nottingham City Centre
- 10 dedicated parking spaces to the rear
- Suitable for student and residential conversion (subject to requisite consents)
- Offers in the region of £995,000.
The premises comprises of one 4 storey and two 3 storey terraced properties that have been combined internally, but still retain seperate front and rear doors. The building consists of traditional brick construction under a pitched and gabled slate roof. Internally, the property is configured to provide storage space in three separate basements, and office accommodation on the remaining floors, with the exception of the ground floor of 45 Mansfield Road that has been configured to provide a reception and waiting room. The specification of the property varies throughout, but generally consists of carpet flooring, gas central heating, perimeter trunking, and strip lighting. Externally, the property benefits from a rear surfaced car parking area providing 10 car parking spaces.
Location
The property is located on Mansfield Road (A60) on the periphery of Nottingham city centre within an established residential and commercial 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 Old Market Square being within a 10 minute walk and Nottingham Trent University campus within a 5 minute walk of the subject property. Mansfield Road (A60) is a principal arterial route providing access to Junction 26 of the M1 motorway located 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 applicable.
Rates
From enquiries of the Valuation Office Agency (VOA) website we understand the premises has the following assessment: Rateable Value: £45,250 Indicative Rates payable 2023/2024: c.£22,579.75 (This information is given for guidance purposes only and all interested parties are advised to make their own enquiries with the VOA)
EPC
45-47 Mansfield Road: E-118. 49 Mansfield Road: E-108.
Viewing
Viewings are by appointment with sole agents Innes England. Floorplans are available upon request via the agents, Gross Internal Area measurements can be provided upon request also.
Legal Costs
Each party is to bear their own legal costs incurred.
Accommodation
The above 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 measured survey.
Planning
We understand the property benefits from planning consent for the following uses: Class E (Commercial, Business and Service use) therefore, permitting uses such as an office, café, shop, clinics. It is noted that the property is located in the Arboretum Conservation Area. The property may be suitable for alternative uses such as residential, subject to the requisite consents. (This information is for guidance purposes only and prospective parties are advised to make their own enquiries from Nottingham City Council)