Lanthwaite Road, Nottingham, Nottinghamshire, NG11

Location
The property is centrally located within the Nottingham suburb of Clifton, approximately 3.5 miles from Nottingham city centre.

The location provides convenient access to both the city centre as well as the M1 motorway which is approximately 5 miles to the southwest at J24 via the adjacent A453 dual carriageway.

The Nottingham ring road (A52) is a short drive to the east and Nottingham Parkway Train Station and Nottingham East Midlands Airport are both a short drive away.

The surrounding area is a mixture of commercial and residential users, a short walk from Southchurch Drive, the main commercial / shopping area.

Video Tour
See brochure for link.

Description
The property comprises a detached factory / warehouse building set within its own fenced and gated yard compound. It is brick construction under a pitched roof.

Internally, the building is arranged across three separate production areas with an office / staff / amenity block situated to the front of the building.

Warehouse access is via the central yard area, with additional access available at the separate loading bay to the side of the building.

The property is well maintained and offers an increasingly rare opportunity for owner occupiers or investors to secure 'ready to move in' accommodation on a freehold basis.

Tenure
Freehold with vacant possession.

Price
£1,250,000 Freehold

Business Rates
The property has the following rateable value:-
£46,000

Please note this is not the amount payable, further advice is available upon request.

Accommodation (GIA)
Warehouse: 2,074.9 sq m (22,335 sq ft)

Included within the above area is a single storey office / admin block extending to approximately 131.85 sq m (1,419 sq ft).

Site Area: 0.82 acres (0.33 hectares)

Planning
The property has been occupied for a substantial number of years for commercial purposes.

We consider that ongoing uses falling within:-

E: (Commercial, Business and Service)
B8 (Storage and Distribution)

are likely to be appropriate, however, intending occupiers are advised to discuss their proposed use with Nottingham City Council.


VAT
VAT is not applicable to the purchase price.


EPC
G - 209

Anti-Money Laundering
In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.