8 Clinton Terrace, Derby Road, NG7 1LY

Location
The subject property fronts Derby Road (A52), close to its junction with Ilkeston Road and Canning Circus in Nottingham city centre.

The property provides easy access to the heart of Nottingham city centre, and the west of the city via Derby Road which links to the outer ring road.

The Property
The property forms a detached office building with the two storey elevation fronting Derby Road and the rear three storey elevation overlooking The Park Estate.

The building offers a range of both open plan and cellular office accommodation centred around a central core and feature spiral staircase.

The property specification in general includes:-

- Dual access with prominent ground floor entrance
- Feature spiral staircase to lower ground floor and first floor offices
- A mix of open plan and cellular office accommodation
- Recently redecorated and fully cleaned carpeting finishers
- Gas central heating
- Suspended ceiling with inset lighting

Externally, the property has 15 car parking spaces and more could be available by way of separate negotiation.

Accommodation (NIA)
Lower Ground Floor: 125 sq m (1,345 sq ft)
Ground Floor: 71 sq m (764 sq ft)
First Floor: 72 sq m (775 sq ft)
TOTAL: 268 sq m (2,884 sq ft)

Tenure
The property is available to rent on a short term lease for a maximum term of 2 years.

Rent
£30,000 Per Annum

Business Rates
The property has the following rateable values:-
Lower Ground Floor £7,000
Ground & First Floor £9,400

The current UBR is 49.9p which would make a rates payable figure of:-
Lower Ground Floor £3,493
Ground & First Floor £4,960.60

100% Small Business Rates Relief should be applicable to qualifying parties.

Interested parties should satisfy themselves through the VOA if they have any questions relating to the Business Rates.

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

The building could be suitable for alternative uses such as:-

- Non-residential Creche, Day Centre or Nursery
- Research and Development
- Indoor Sport and Recreation such as a Gym
- State Funded School
- Retail

And subject to obtaining planning the property could also be used for:-

- Public Worship or Religious Instruction

VAT
VAT is applicable to the rent.

EPC
E - 111