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Office for sale

The Courtyard, Main Street, Keyworth

Withdrawn from Market 9,933 sq. ft. | £525,000

Property Description

Commercial information

  • 9,933 sq ft (922 sq m)

Full description

Tenure: Freehold

The property is situated in the centre of Keyworth, accessed directly off Main Street. Keyworth is a popular village lying approximately 6 miles south east of Nottingham and benefits from good access to Nottingham´s outer ring road and the south of the County via the A606 and A60, together with Junction 21 M1 via the A606 and A46.

The development comprises converted and extended barns which provide 4 lettable units of office and industrial premises. There are two further properties constructed in 1995 which provide a self contained single storey office and a motor repair garage.

The properties are accessed off a shared driveway from Main Street. There is a large courtyard providing parking.

The development provides six individual lettable units. The approximate areas are as follows;
Unit 1 & 2 - 110 sq m (1182 sq ft)
Unit 3a - 266 sq m (2870 sq ft)
Unit 3b - 127 sq m (1369 sq ft)
Unit 4 - 355 sq m (3818 sq ft)
Unit 5 - 64.5 sq m (694 sq ft)

Gas fired heating is installed to individual units.

Offers are invited for the freehold interest at £525,000.

The following leases are held on the property:

Unit 1 & 2 - Buttercups Training Ltd - 6 year lease from 4th August 2012 - £11500 per annum
Unit 3a - Currently vacant but would expect to achieve a rental in the region of £9500 per annum
Unit 3b - Salvus Environmental Services Ltd - 3 years from 9th May 2016 - £5000 per annum
Unit 4 - Tuna Motorsport Ltd - Overholding on a 5 year lease from 19th November 2010 - £17500 per annum.
Unit 5 - Buttercups Training Ltd - 6 year lease from 4th August 2012 - £5950 per annum

All leases have been excluded from the automatic rights to renew under the Landlord & Tenant Act 1954. Full copies of the leases are available on application.

The Rateable Values are assessed as follows;
Unit 1 & 2 - £4150
Unit 3a - £6800
Unit 3b - £4600
Unit 4 - £9500
Unit 5 - £2250

Each party is to bear their own legal costs incurred in this transaction.

We understand the utilities are paid by the landlord and recovered by way of a service charge. The units benefit from sub metres.

There is a shared area of parking within the courtyard.

For further information and to arrange access for an onsite inspection please call Chloe Gooding or Hannah Owens of Rex Gooding Estate Agents on 0115 945 5553 or /

More information from this agent

Energy Performance Certificates (EPCs)

Map & Street View

Disclaimer - Property reference 100497005470. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Rex Gooding Estate Agents, West Bridgford Commercial Properties. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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