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Residential Development for sale

Latham Street, Nottingham, Nottinghamshire, NG6

Under Offer £195,000

Property Description

Key features

  • Detached industrial unit
  • Development opportunity
  • Close to town centre
  • Excellent transport links
  • Freehold
  • Brick construction
  • Suitable for conversion to flats
  • Predominantly open plan
  • Two storey
  • Potential for three storeys

Full description

Location
The subject property is located on the corner of Gaul Street and Latham Street in the district of Bulwell, Nottingham.

Bulwell was once a thriving industrial area,made up of similar industrial property. Over recent years the immediate vicinity has become primarily residential. To the right of the proprety there are Victorian style houses and to the left a mixture of new townhouses.

The building is just 0.3 miles from Bulwell town centre and its amenities with direct access to Nottingham city centre by either the regular bus or tram service which operates through the town.

In addition the M1 motorway linking London to the North is just a 5 minute drive away.
Description
The subject property is currently a large Victorian industrial unit with a brick construction. Internally, the inner divisions are predominantly stud walls.

There is also roof access providing the potential to create a large three storey development.

The property occupies what is a predominantly residential area and so it is expected that planning permisssion would be granted for residential conversion.

Accommodation
Ground floor 330m2 3,550 ft2
First floor 330m2 3,550 ft2
Total 660m2 7,100ft2
Approx. gross internal floor area.

Services
We understand the property has mains gas, 3 Phase electricity, water and drainage.

Planning
We expect planning consent for conversion to residential will be considered favourably by Nottingham City Council. Purchasers should satisfy themselves of this by contacting Nottingham City Council.

Tenure
Freehold

Business Rates
The premises have a current Rateable Value of 7,000.

Asking Price
195,000

VAT
To be confirmed.

Viewing
Please contact John Pye Property.
Email: property@johnpye.co.uk
Telephone: 0115 970 6060


More information from this agent

Nearest stations

  • Bulwell (0.3 mi)
  • Bulwell Forest (0.4 mi)
  • Moor Bridge (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

John Pye Property, Nottingham

James Shipstone House, Radford Road, New Basford, Nottingham, NG7 7EA

0115 798 0657 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Bulwell (0.3 mi)
  • Bulwell Forest (0.4 mi)
  • Moor Bridge (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

John Pye Property, Nottingham

James Shipstone House, Radford Road, New Basford, Nottingham, NG7 7EA

0115 798 0657 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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