Total floor area of approximately 1,085 sq m (11,685 sq ft)
Site area of approximately 0.18 Ha (0.44 Acres)
Includes six units with forecourt loading and parking
Active management potential
1.2 miles north-west of Nottingham City Centre
Neighbouring occupiers include numerous local trade counters, local industrial businesses, University of Nottingham and GSK plc/GlaxoSmithKline
Lot 8
Auction 13th February 2025
Rent £99,980 per Annum Exclusive
Status Available
Guide* £1,100,000
Sector Industrial, Warehouse
Auction Venue Live Streamed Auction
On behalf of Nottingham City Council
Property Information
Location
Miles
15 miles north of Loughborough, 39 miles south-east of Sheffield, 51 miles north-east of Birmingham
Roads
A52, M1
Rail
Nottingham Train Station
Air
East Midlands Airport
Situation
The property benefits from excellent communication links being next to the A52, which links to the M1. The property is situated approximately 1 mile north-west of Nottingham City Centre, in an established industrial location, surrounded by a densely populated residential suburb. Neighbouring occupiers include numerous local trade counters and local industrial businesses, whilst the University of Nottingham and GSK plc/GlaxoSmithKline are close by.
Tenure
Freehold.
Location
Miles
15 miles north of Loughborough, 39 miles south-east of Sheffield, 51 miles north-east of Birmingham
Roads
A52, M1
Rail
Nottingham Train Station
Air
East Midlands Airport
Situation
The property benefits from excellent communication links being next to the A52, which links to the M1. The property is situated approximately 1 mile north-west of Nottingham City Centre, in an established industrial location, surrounded by a densely populated residential suburb. Neighbouring occupiers include numerous local trade counters and local industrial businesses, whilst the University of Nottingham and GSK plc/GlaxoSmithKline are close by.
Tenure
Freehold.
Description
The property comprises a six unit industrial estate, within two terraces. Each unit benefits from a vehicle access loading door, with an Eaves Height of approximately 3m (10 ft) and a forecourt for general loading and parking. There is site area of approximately 0.18 Ha (0.44 Acres).
VAT
VAT is not applicable to this lot.
Note
The Special Conditions of Sale provide for the Buyer to pay to the Seller an additional sum (VAT not applicable) as a contribution towards the Seller costs. The property is being offered for sale subject to an Overage provision in the Special Conditions of Sale, a copy of is available within the legal pack.
EPC
All Units have a valid Energy Performance Certificate that is compliant with the MEES regulations. See Legal Pack.
Description
The property comprises a six unit industrial estate, within two terraces. Each unit benefits from a vehicle access loading door, with an Eaves Height of approximately 3m (10 ft) and a forecourt for general loading and parking. There is site area of approximately 0.18 Ha (0.44 Acres).
VAT
VAT is not applicable to this lot.
Note
The Special Conditions of Sale provide for the Buyer to pay to the Seller an additional sum (VAT not applicable) as a contribution towards the Seller costs. The property is being offered for sale subject to an Overage provision in the Special Conditions of Sale, a copy of is available within the legal pack.
EPC
All Units have a valid Energy Performance Certificate that is compliant with the MEES regulations. See Legal Pack.
Tenancy & Accommodation
Unit
Use
Floor Areas Approx sq m
Floor Areas Approx (sq ft)
Tenant
Term
Rent p.a.x.
Reviews (Reversions)
Unit 1
Industrial
183.90
(1,979)
ECOMBIZZ LTD (CRN: 15553806)
3 years from 03/06/2024
£16,900
(02/06/2027)
Unit 2
Industrial
183.40
(1,974)
AUROH LTD (CRN: 14535854)
3 years from 03/06/2024
£16,900
(02/06/2027)
Unit 3
Industrial
184.30
(1,983)
CASPER-I-LIMITED (CRN: 10520820)
Periodic tenancy from 13/05/2020 continuing quarter to quarter until either party gives 6 months written notice
£15,890
21/09/2026
Unit 17
Industrial
184.00
(1,980)
INDIVIDUAL
5 years from 07/01/2021
£15,900
(06/01/2026)
Unit 18
Industrial
175.30
(1,886)
DAY BLINDS UK LTD ((CRN: 11699282)
5 years from 23/10/2024
£16,900
(22/10/2029)
Unit 19
Industrial
174.70
(1,880)
ADI-GARDINER LIMITED (CRN: 01322200)
Periodic tenancy from 31/03/2023 continuing quarter to quarter until either party gives 6 months written notice.
£17,490
31/03/2026
Total Approximate Floor Area
1,085.60(1)
11,682
£99,980
(1) The floor areas stated above are those published by the Valuation Office Agency (https://www.tax.service.gov.uk/business-rates-find/results)
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
