For sale: £300,000.00|To rent: £32,000.00 Per Annum|2,551 - 5,429 Sq Ft|Office, Retail - High Street, General Industrial, Residential, Land, Offices, Retail, Industrial, Commercial Land
ADDRESSFormer Co Op, Annesley Cutting, Annesley, Nottingham, Nottinghamshire
TYPEOffice, Retail - High Street, General Industrial, Residential, Land, Offices, Retail, Industrial, Commercial Land
TENUREDevelopment Opportunity, To Let, For Sale Freehold
POSTED ON10th September 2024
Description
FOR SALE / TO LET - TWO STOREY COMMERCIAL BUILDING CLOSE TO J27 OF THE M1 MOTORWAY IN THE POPULAR COMMUTER VILLAGE OF ANNESLEY
SUMMARY - 2,551 to 5,429 Sq Ft - Suit industrial and storage uses - Potential for retail and office use STP - Residential development potential - Potential for Small Business Rates Relief - Undergoing a scheme of redecoration (if leased) with tenants having the potential to influence the refurbishment - Offers over £300,000 for the freehold reflecting a low £55.26 per sq ft - Available to rent from £32,000 per annum exclusive to lease the whole (incentives are available)
The property is available To Let on a floor by floor basis, or For Sale as a whole.
LOCATION With excellent access to the M1 Motorway the property is accessed off the A617 which links Hucknall with Mansfield. Junction 27 of the M1 is less than 2 miles to the southwest and Sherwood Business Park is 1.4 miles (5 mins). The property is well located to take advantage of the regions motorway networks with easy access to the M1 and A38.
DESCRIPTION The former Co-op Building has been used for a variety of purposes in recent years including motor trade, joinery, workshop and textile use. The premises has a number of large rooms on both levels which lend themselves to workshop, retail, office or warehouse use.
Each floor level is capable of separate occupation if required. The building also contains a basement. The property has the following specification: - Clear span open space to both levels - Mixture of large rooms, workshops, offices and WC's - Solid concrete floors - First floor - external hoist and access door - Roller shutter door - Kitchen and canteen - Rear yard which could accommodate up to 6 vehicles - 3 Phase power - Gas supply (capped off) - Strip lighting - Security bars to windows
***Please note the property is undergoing scheme of redecoration and the landlord is prepared to decorate to suit an ingoing tenant.
ACCOMMODATION Ground: 237.30 Sq M (2,551 Sq Ft) First:244.41 Sq M (2,630 Sq Ft) Basement:23.05 Sq M(248 Sq Ft) Total: 504.76 Sq M (5,429 Sq Ft)
TERMS Available to let as a whole or split per floor, on terms to be agreed from £32,000 per annum exclusive. Rent incentives are available.
The property is also available For Sale at offers in excess of £300,000.
BUSINESS RATES £12,250. Qualifying occupiers may benefit Small Business Rates Relief.
EPC Please ask the agent.
ANTI MONEY LAUNDERING The tenant or purchaser will have to supply information to comply with Anti Money Laundering regulations.
VAT The property is not VAT elected.
VIEWINGS By appointment with the agents below:
Ben Flint E: ben@flintrealestate.co.uk T: 01302 639838 / 07494735001
Alexandra De Freitas E: alexandra@flintrealestate.co.uk T: 01302 639838 / 07538 844869