20 Park Lane Business Centre, Park Lane, Basford, Nottingham, NG6 0DW

The property comprises a mid-terraced, two-storey office unit having brick elevations under a pitched roof. Internally, the property has been fully modernised to provide office accommodation at both ground and first floor levels and is finished to a good standard including suspended ceilings with integral lighting and air conditioning throughout.

Externally, the property benefits from 5 designated car parking spaces.

The property is prominently located in the heart of the Park Lane Business Centre, off Park Lane, Old Basford, which is conveniently located close to the A611 Nottingham to Hucknall Road and within easy reach of J26 of the M1 Motorway.

Measured on a Net Internal Basis, we calculate the floor areas to be:

Mains supplies of drainage, water and electricity are evident within the property, but we can provide no warranty with regard to their capacity or connectivity.

The property has an EPC rating of 76 falling within Band D.

We understand the property has an established consent for use as offices falling within Class E(a) (Commercial Business & Services) of the Town & Country Planning (Use Classes) Order revised 2020.

Charging Authority: Nottingham
Description: Offices and premises
Rateable Value: £14,250
Period: 2023/24

The property is available on a new lease for a term of years to be agreed. Alternatively, a sale would be considered.

Rent: £15,800 per annum exclusive
Price: £205,000

A service charge will be levied for the common areas of the estate. Guide figures are available by way of the agents.

We understand that VAT is applicable to the rent, sale price & service charge due.

Each party will be responsible for their own legal costs incurred in documenting the transaction.

In accordance with Anti-Money Laundering Regulations, two forms of I.D. and confirmation of the source of funding will be required from the successful purchaser in the event of a sale.