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Commercial Property for sale

Walton Road

Guide Price £230,000

Property Description

Full description

A UNIT RIPE FOR RESIDENTIAL DEVELOPMENT or continued use as a LIGHT INDUSTRIAL UNIT. The site extends to approximately 0.16 acres (0.06 hectares) with parking and frontage onto Walton Road of 72ft (22m).

Built in the 1940s this detached building has been used for upholstery manufacture/repair for many years and offers gross internal floor area over two floors equating to some 3,944ft (366m). There is a side driveway and therefore potential adequate parking / external storage to both front and rear.

Walton Road is otherwise one of residential housing road located just off the main A6005 Nottingham Road in Chaddesden. The A6005 provides good transport links to the A52, Derby City centre and Junction 25 of the M1 Motorway as well as good public transport services along Nottingham Road.

Accommodation - Ground Floor Reception 3.0m x 3.0m = 9.00 m
Office 1 3.0m x 2.3m = 6.9 m
Office 2 2.8m x 2.6m = 7.28 m
Office 3 4.8m x 2.8m = 13.44 m
Office/Store 1.9m x 6.1m = 11.59 m
Workshop 8.2m x 8.8m = 72.16 m
Boiler Room 3.0m x.2.3m = 6.9 m
Kitchen 3.0m x 2.8m = 8.4 m
Office 4 3.0m x 4.7m = 14.1 m
Ladies w.c. 0.8m x 3.0m = 2.4 m
Gents w.c. 0.8m x 3.0m = 2.4 m
Integral through Garage 2.0m x 7.3m = 14.6 m
Plus 1.0m x 2.7m = 2.7 m
First Floor Office 1 4.7m x.5.5m = 25.85 m
Workshop 1 7.3m x 10.8m = 78.84 m (minus staircase 3.69 m)
Workshop 2 9.0m x 8.3m = 74.7 m - TOTAL NETT FLOOR AREA = 351.26 m (3781 ft)

Outside - The property fronts Walton Road providing parking across the width of the building. A gated entrance to the left hand side leads to a rear yard which is currently overgrown although could provide parking for some 8-10 vehicles, additional storage area or scope for further development. There is an integral through garage to the right of the property providing a second access to the back yard.

Tenure - One of the first floor offices is currently let under a licence agreement which I understand can be terminated at short notice. The property is therefore available with Freehold vacant possession.

Services - All mains services are connected to the building. Space heating is via a free standing gas boiler serving a system of pressed metal radiators. The consumer unit has been replaced and the wiring overhauled since our client purchased the property in 2000.

Additional Information - Business Rates:- Enquiries of the Valuation Office indicate a rateable value with effect from April 2010 of £10,500 per annum for the main building, the separately let office a further rateable value of £550 per annum. Legal Costs:- Each party to bear their own legal costs in the matter. VAT:- We understand the sale will not be subject to VAT, although this should confirmed by the legal adviser.

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