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Office for sale

Kingswood House, Pelham Road and 16 Vivian AvenueSherwood Rise,Nottingham,NG5

Sold STC 7,899 sq. ft. | £700,000

Property Description

Commercial information

  • 7,899 sq ft (733 sq m)
  • Use class orders: B1 Business

Key features

  • Parking

Full description

Tenure: Freehold

LOCATION

The subject properties are located approximately 1.6 km (1 mile) to the north of Nottingham City Centre, within close proximity of the Outer Ring Road system and the junctions of Gregory Boulevard, the A60 Mansfield Road, the A611 Hucknall Road and Sherwood Rise itself.

The area has good access in and out of the City Centre, and the M1 motorway is just over 4 miles to the west at Junction 26 via the A610.

Regional centres including London, Leeds, Manchester and Birmingham are all within a 2 hour drive time. The Nottingham Express Transit tram network is nearby with the nearest tram stop (The Forest) situated at the corner of Gregory Boulevard and Noel Street within a short walking distance.

THE PROPERTIES

Kingswood House is an attractive property and enjoys an elevated position on and is accessed directly from Pelham Road. There is significant car parking to the front of the property for approximately 20 cars. The property is of two storey brick and tile construction and is extended to the rear.

The property benefits from ramped disabled access leading to a reception area, together with a mix of open plan and cellular offices, training rooms, kitchens and WC facilities.

Adjoined to the rear of the Kingswood House, and benefitting from separate independent access from Vivian Avenue, is a further two storey section known as 16 Vivian Avenue providing self-contained offices and with ancillary staff facilities and small parking area.

16 Vivian Avenue comprises a mixture of open plan and cellular offices of training rooms, kitchen and WC facilities.

The properties could be combined to provide for one larger property as part of a development scheme (stp) or could be occupied or sold separately in their existing configuration.

EPC
Energy performance certificates can be made available upon request.

RATEABLE VALUE

Kingswood House 31,250
16 Vivian Avenue 17,250


KINGSWOOD HOUSE

GF 202.23 m 2,176 ft
1F 226.02 m 2,432 ft
Total 428.25 m 4,608 ft

16 VIVIAN AVENUE

GF 138.06 m 1,486 ft
1F 167.69 m 1,805 ft
Total 305.73 m 3,291 ft

Total overall 733.98 m 7,899 ft

Site Area 1,507 sq m (0.37 acres) approx

The above accommodation is for guidance purposes only. Interested parties should satisfy themselves regarding the size of the properties and site.

GUIDE PRICE

We are instructed to seek Unconditional Offers in the region of 700,000 (seven hundred thousand pounds) for the Freehold Interest in both properties together with the benefit of Vacant Possession.

Unconditional offers are invited for the individual Freehold Interests which may be available separately.

VAT

We have been advised that the property is not elected for VAT and therefore VAT will not be applicable on the purchase price.

PLANNING

The properties have a lawful use as offices. The properties may be suitable for redevelopment and/or conversion, subject to the usual planning considerations and permissions.

Interested parties should contact Nottingham City Council to discuss planning matters on 0115 915 5555.

LEGAL COSTS

Each party will be responsible for their own legal fees incurred in connection with the sale.

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