LOCATION:

The market town of Ilkeston is situated on the Derbyshire/Nottinghamshire borders. The property is situated approximately half a mile to the south of the Ilkeston’s town centre with a principle frontage to Little Hallam Lane and a return frontage to Birdcroft Lane.

DESCRIPTION:

The subject property comprises a single storey former mill building principally of brick construction beneath a steel truss roof with northern lights and providing a minimum eaves height of approximately 3.1m (10’2”).

In brief the premises comprise a main factory area with production, loading, stores and factory shop, and a separate warehouse to the rear with access to a large delivery yard and parking area. There are single storey offices providing a variety of private and general offices together with main reception area to the front of the site which benefits from a small car park with access from Little Hallam Lane.

ACCOMMODATION:

The property has been measured on a Gross Internal Area (GIA) basis in accordance with the RICS Code of Measuring Practice. All figures quoted are for guidance purposes only.

Factory Area 1: 6,724 sq ft (624.64 sq m)
Factory Area 2: 10,243 sq ft (951.60 sq m)
Factory Area 3: 4,654 sq ft (432.34 sq m)
Rear Warehouse: 3,132 sq ft (291 sq m)
Ancillary Offices/Showroom/Toilets: 3,377 sq ft (313.71 sq m)

Total Gross Internal Floor Area: 28,130 sq ft (2,613 sq m)

SERVICES:

We believe all mains services are available and connected however interested parties should satisfy themselves as to their suitability and capacity for alternative uses.

TOWN PLANNING:

It is understood that the current authorised use is Light Industrial as defined within Class B1 of the Town and Country Planning (Use Classes) Order 1987 as amended.

Interested parties are advised to direct their further enquiries to the Planning Department of Erewash Borough Council on 0115 907 2244.

RATES:

Having made verbal enquiries only of Erewash Borough Council we are advised that the premises have been assessed for Non Domestic Rates as follows:

Rateable Value: £46,750

Please note that this is not the amount you will pay and you should make your own enquiries of the Local Charging Authority to confirm the actual rates liability.

TERMS:

The property is available to let by way of a new Lease for a term of years to be agreed and incorporating regular rent reviews where appropriate. Alternatively, the owners may consider a sale of the freehold site with full vacant possession upon completion.

RENT:

£50,000 per annum exclusive.

PRICE:

Offers in excess of £500,000.

VAT:

VAT may be payable on the rent and/or purchase price and/or charges payable. All figures are quoted exclusive of VAT. Purchasers must satisfy themselves as to the VAT position if necessary by taking the appropriate professional advice.

VIEWING:

Strictly by appointment. Contact:

Martin Langsdale 01332 292825 or Joint Agents Ian Muxlow 0115 934 8053
m.langsdale@bbandj.co.uk imuxlow@savills.com