25 Park Lane Business Centre, Basford, NG6 0DW

Location
The property is situated within a well-developed Business Park at Park Lane, Basford, situated approximately four miles north of Nottingham city centre.

The location offers excellent access to both the city centre, ring road system, and in turn J26 of the M1 motorway. The nearby Hucknall Road also offers a convenient route north to J27 of the M1.

Park Lane is accessed off Hucknall Road and Arnold Road. The Basford NET tram stop is a short walk away, as are regular bus routes.

The Property
The property comprises a self-contained office building set across the ground and first floor. The internal specification is as follows:-

- Electric heating
- Fitted carpets
- Air conditioning
- Suspended ceiling incorporating Cat II lighting
- Wall mounted internet connectivity
- Allocated WC's (ground and first floor)
- Intruder and fire alarm systems
- Intercom

The property is also available on a floor by floor basis.

Externally there will be four allocated car parking spaces with further unrestricted parking available on Park Lane.

Accommodation
Ground Floor: 59.2 sq m (637 sq ft)
First Floor: 66.6 sq m (717 sq ft)
TOTAL: 125.8 sq m (1,354 sq ft)

Terms
The property is available to rent on a new FRI lease for a term of years to be agreed.

Rent
The property is available as a whole at a rent of £18,000 per annum.

The property is available on a floor by floor basis at a rent of:-
£10,000 per annum per floor

Service Charge
A service charge will be payable for the shared running costs of the building. Costs include, but are not limited to:-

- Electricity
- Water
- Building Maintenance and Upkeep
- General Building Compliance and Security (Fire alarm maintenance etc).
- Upkeep and maintenance of the Business Park
- Buildings Insurance

The estimated yearly Service Charge is £6,125 (per annum per floor).

Business Rates
The rateable value for the offices as a whole is:-
£12,000

The rates would be required to be reassessed should the offices be split on a floor by floor basis.

Qualifying occupiers are expected to be able to claim business rates relief, please contact the local council for further guidance.

Planning
The property has planning for:-
E: (Commercial Business & Service) Offices

The property is suitable for alternative uses, subject to obtaining the necessary planning consent.

VAT
VAT is applicable to the rent and service charge.

EPC
An EPC has been commissioned.