Property Information
Address:
Nuthall Road, NOTTINGHAM, Nottinghamshire
, NG8
Price: Property no longer available.
Size: 4305 sq ft399 sqm
Primary Category: Shop
All Categories:
Office, Shop,
Property Ref/Movehut: MH275496
Property Ref/Agent: Nuthall Road, Nottingham, Nottinghamshire
*Please use the agent ref when calling the agent directly.
Property description
Total accommodation 4,305 sq ft (can be sub divided)
21 on site car parking spaces
Extremely prominent position
Rent!
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 Nottinghamâ??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 Nottinghamâ??s most densely populated residential areas with a number of national retailers located within close proximity including:-
Tesco
Sainsburyâ??s
Halfords
Bathstore
Johnsons Dry Cleaners
From plans provided by our clientâ??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 up on 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 tenantâ??s occupation towards the end of 2010.
So what was all that...?
Brand new retail development
4,305 sq f t of ground floor accommodation (can be subdivided)
Nottinghamâ??s busiest road
21 on site car parking spaces
Modern contemporary design
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