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Retail Property (high street) for sale

FRONT STREET, Nottingham, NG5

Sold STC £750,000
4,201 sq. ft.

Property Description

Commercial information

  • 4,201 sq ft (390 sq m)

Full description

Tenure: Freehold

Location

Location Miles: Nottingham 5 miles
Sheffield 37 miles Birmingham 56 miles Roads: A52, M1 (Junction 26) Rail: Bulwell Rail Station 4 miles Air: East Midlands International Airport 20 miles

Situation

Situation The property is situated on the east side of Front Street, at the centre of a 1960's parade of retail properties on Arnold's main retailing thoroughfare. The Asda supermarket lies almost opposite the property and other nearby occupiers include Specsavers, Halfords, HSBC and other nearby occupiers include Specsavers, Halfords, HSBC and Oxfam.



Description

The property comprises a ground floor banking hall and offices with ancillary and office accommodation to the first floor, part of which has been let as a self-contained office on a 999 year lease. The property benefits from loading and car parking to the

Floor areas:

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x. Review Ground First
Bank Office and Ancillary
240.34 sq m 154.69 sq m
(2,587 sq ft) (1,665 sq ft)

Unit RentTerms Tenant Floor area (Zone A)(Years)Lease Expiry Rent Review Rateable Value
134/136 NatWest Bank Plc G/F F/F 2,510 1,691 59,000 (34.22) 15 03.02.2033 2018 42,000




(1) NatWest Bank plc is the largest retail and commercial bank in the United Kingdom and has been part of The Royal Bank of Scotland
Group (RBS) since 2000. (RBS) is ranked among the top 10 largest banks in the world by assets and NatWest has a network of 1,600 branches and 3,400 cash machines across Great Britain. It has more than 7.5 million personal customers and 850,000 small business accounts. (Source: www.natwest.com 17/01/2014) For the year ending 31/12/12, NatWest Bank plc reported a total net worth of 19,701,000,000. (Source: www.riskdisk.com 17/01/2014)


Tenure
Freehold

VAT

VAT is applicable to this lot.



Price

750,000 STC


More information from this agent

Energy Performance Certificates (EPCs)

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