Property Information
Address:
Nuthall Road, Nottingham, Nottinghamshire
, NG8 5DG
Price: Property no longer available.
Size: 4305 sq ft
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH140957
Property Ref/Agent: Nuthall Road, Nottingham, Nottinghamshire,NG8 5DG
*Please use the agent ref when calling the agent directly.
Property description
What is it
The property will comprise a newly built two storey building incorporating a large ground floor retail unit with first floor ancillary or potential office accommodation above.
The first floor accommodation is completely self contained and accessed via a separate entrance on the ground floor. The property is of a contemporary design incorporating a large shop front to the corner of Nuthall Road (A610) and Broxtowe Lane (B6008)
The property will benefit from 21 on site car parking spaces and is likely to be ready towards the end of 2010. Where is it- The property is extremely prominently located at the junctions of Nuthall Road (A610) and Broxtowe Lane (B6008), Nottingham. The site, which is located on what is undoubtedly Nottingham?s busiest road, is approximately 3 miles north west of Nottingham city centre and approximately 1.5 miles distant of Junction 26 of the M1 motorway. The surrounding area is one of Nottingham?s most densely populated residential areas with a number of national retailers located within close proximity including:-
- Tesco - Sainsbury?s - Halfords - Bathstore - Johnsons Dry Cleaners
From plans provided by our client?s architects, we calculate the net internal areas to be as follows:-
Ground Floor:
4,305 sq ft
First Floor:
3,929 sq ft
The ground floor accommodation can be sub-divided into a number of smaller units. For further information in respect to any sub-division please contact the sole agents. There will be 21 on site car parking spaces.
How much is it to rent-
Our client will be seeking a rental in the region of:-
£15.00 per sq ft for the ground floor accommodation the rental for the first floor accommodation will be dependant upon use and specification required.
What are the lease terms-
Ground Floor My client will be seeking an institutional, FRI lease for a term of years not less than 15 years.
First Floor
Should the first floor be separately let, my client will consider lease lengths of 5 years, again on an FRI basis.
What planning does it have-
My client is anticipating planning consent will be granted for A1 (Shops) Use for the ground floor element of the property.
With regards to the first floor, my client is anticipating a B1 (Office) Use.
What is the specification-
My client intends to complete the ground floor and first floor units to a shell specification, incorporating capped services and a screeded floor finish.
What are the Business Rates-
The property will be assessed for Business Rates upon completion of construction.
What is the timing- My client anticipates that planning consent will be granted in early June 2010 and my client intends to immediately commence with construction thereafter.
It is therefore likely that the property will be ready for tenant?s occupation towards the end of 2010.
Nuthall Road, Nottingham, Nottinghamshire,NG8 5DG
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