Building One, Monarch House, Chrysalis Way, NG16 3RY

LOCATION:
Monarch House is located on the popular Chrysalis Way commercial area.

The location provides immediate access to the A610 trunk road, in turn leading to J26 of the M1 motorway close to the Ikea Retail Park. The conurbations of Nottingham, Derby, Leicester, Mansfield, Chesterfield and Sheffield are all within easy reach.

Local facilities include Langley Mill Train Station, with McDonald's, KFC, Asda, Lidl, and B&Q all within walking distance.

DESCRIPTION:
Good quality hybrid commercial building set within fenced and gated yard. A minimum of 10 spaces are allocated to the property.

The property is finished internally to a good standard. The office section is carpeted, has LED light panels and a high specification of staff / amenity accommodation.

There is a separate workshop / warehouse area accessed via a roller shutter door.

ACCOMMODATION:
The property is currently configured internally to provide the following:-
Office / Admin & Staff Amenity: 231.35 sq m (2,490 sq ft)
Workshop: 79.79 sq m (859 sq ft)
TOTAL 311.14 sq ft (3,349 sq ft)

Note. There is potential to alter the internal configuration to provide a greater proportion of warehouse or office accommodation, as required by the occupier.

TENURE:
Leasehold. Freehold considered (see terms).

TERMS:
The property is available on a new internal repairing lease for a term of years to be agreed.

Alternatively, our client may consider a freehold sale.

RENT:
The property is available to rent at a level of:-
£29,950 Per Annum

PRICE:
The property is available to purchase at a price of:-
£395,000 Freehold

SERVICE CHARGE:
A service charge is payable on a rental agreement at £2 per square foot to cover maintenance and landscaping costs.

RATES:
Rateable Value: £22,250
Rates Payable 2023/24: £11,100

VAT:
Vat is applicable to the price, rent and service charge.

EPC:
B - 34

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