Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
4 miles north-west of Nottingham city centre, 28 miles north of Leicester, 34 miles south of Sheffield
50 miles north-east of Birmingham
Roads
M1 (Junction 26), A610
Rail
Nottingham Railway Station
Air
Nottingham Airport
Situation
The property is situated within the Ash Tree Court office development on the well established and strategically located Nottingham Business Park off Woodhouse Way, one mile south of junction 26 of the M1 Motorway. The property enjoys good access to the commercial centres of Sheffield to the north and Loughborough and Leicester to the south.
Tenure
Freehold.
Location
Miles
4 miles north-west of Nottingham city centre, 28 miles north of Leicester, 34 miles south of Sheffield
50 miles north-east of Birmingham
Roads
M1 (Junction 26), A610
Rail
Nottingham Railway Station
Air
Nottingham Airport
Situation
The property is situated within the Ash Tree Court office development on the well established and strategically located Nottingham Business Park off Woodhouse Way, one mile south of junction 26 of the M1 Motorway. The property enjoys good access to the commercial centres of Sheffield to the north and Loughborough and Leicester to the south.
Tenure
Freehold.
Description
The property comprises modern self-contained office accommodation on the ground and first floors and benefits from suspended ceilings, perimeter trunking and designated on-site car parking for 8 cars.
Six week completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises modern self-contained office accommodation on the ground and first floors and benefits from suspended ceilings, perimeter trunking and designated on-site car parking for 8 cars.
Six week completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx) (3)
Tenant
Term
Rent p.a.x
Reversion
Ground First
Office Office
93.09 sq m 98.65 sq m
(1,002 sq ft) (1,062 sq ft)
COMMUNITY SOLUTIONS PARTNERSHIP SERVICES LIMITED (1)
5 years from 01/05/2015 on a full repairing and insuring lease (2) (3)
£22,500
(30/04/2020)
Totals
191.74 sq m
(2,064 sq ft)
£22,500
1) For the year ending 31/12/2013, Community Solutions Partnership Services Limited reported a turnover of £3,671,000, pre-tax profits of £256,000 and a total net worth of £797,000 (Source: www.riskdisk.com 09/06/2015). Morgan Sindall Grey plc is the ultimate Holding Company. (2)The lease is subject to a schedule of condition and a tenant option to determine the lease on 01/05/2018. (3)The lease is outside of the Security of Tenure provisions of the Landlord & Tenant Act 1954.