{"loaderData":{"0-3":{"propertyListing":{"building":{"id":"754745474697904","summary":"On behalf of Rushcliffe BC. Ground rent investment with 28 years remaining - Freehold sale. Held by way of a long leasehold by Co-op Supermarket. Prosperous & much sought-after Nottingham suburb. Well established suburban retail pitch.99 year ground lease to expire Feb 2053. Rent passing £250 PA","archived":false,"description":"Location
The property is situated within the Hilton Crescent suburban retail parade in West Bridgford, Nottingham.

The town of West Bridgford is a prosperous and extremely well-regarded suburb of Nottingham, situated immediately southeast of the River Trent.

Hilton Crescent is approximately 1 mile from West Bridgford town centre (Central Avenue), 1.5 miles from Trent Bridge Cricket ground and The City Ground (Nottingham Forest) and is approximately 2.5 miles southeast of Nottingham city centre (Old Market Square).

The Property
The property comprises a site of approximately 0.3 acres upon which a Co-op Supermarket has been constructed.

The building comprises a main sales area with ancillary staff and storage accommodation and a gated service yard to the side and rear.

The building enjoys a prominent corner position with double frontage and is just off Leahurst Road, a short distance from Melton Road (A606).

At the northeast of the property, a separate retail area (6 Hilton Crescent) has been created which appears to have previously been occupied by a third party retailer.

Parking
Generous parking is available in the immediately adjacent precinct shoppers' car park.

Accommodation 8-12 Hilton Crescent
Ground Floor: 594.45 sq m (6,399 sq ft *)

Site Area: 0.3 acres (0.121 hectares)

* At the time of our inspection, certain areas of the premises were inaccessible due to plant, shopfitting constraints or other operational reasons.

We believe the areas noted above is fair and reflective of the accommodation, however, no warranty is provided in this respect.

Tenure
The freehold interest is offered for purchase.

The property is currently held by the Co-op by way of the balance of a 99 year ground lease from 17 February 1954 (expiring 31 March 2053). A copy of the long lease document and Deed of Variation is available upon request.

The rent passing under the ground lease is £250 per annum.

Price
£150,000
For the freehold interest and subject to the long lease to Co-op

Business Rates
The property appears to be listed as 6 Hilton Crescent and has the following rateable value:-
£49,750

Planning
The property has a well-established retail use which we have assumed to be the permitted use under:-
E: (Commercial Business & Service) Retail

VAT
VAT is not applicable to the purchase price.

EPC
C-55

Estimated Rental Value
We consider the property to have an approximate ERV of £60,000, based on approximately £9.50 per sq ft.

Viewings
Interested parties are able to access the public-facing retail areas during standard business hours.

Video footage of the interior (including non-retail areas) is available upon request. If a further viewing of staff / ancillary space is required, prior arrangements must be made via the selling agents.","disclaimer":{"raw":"Disclaimer - Property reference 8-12-Hilton-Crescent. The information displayed about this property comprises a\n property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of\n the advertisement or any linked or associated information, and Rightmove has no control over the\n content. This property advertisement does not constitute property particulars. The information is\n provided and maintained by heb Property Consultants, Nottingham. Please contact the selling\n agent or developer directly to obtain any information which may be available under the terms of\n The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations\n 2007 or the Home Report if in relation to a residential property in Scotland.\n"},"transactionType":"SALES","amenities":[],"keyFeatures":["On behalf of Rushcliffe Borough Council.","594 sq m (6,399 sq ft)*.","Ground rent investment with 28 years remaining.","Freehold sale.","Held by way of a long leasehold by Co-op Supermarket.","Prosperous and much sought-after Nottingham suburb.","Well established suburban retail pitch.","99 year ground lease to expire Feb 2053.","Rent passing of £250 per annum."],"environment":null,"pricing":{"price":150000,"displayQualifier":"NONE","frequency":null,"rentObligation":null},"useClasses":["E"],"tenureType":"FREEHOLD","tenureYearsRemaining":null,"parkingSpaces":null,"yearBuilt":null,"yearRenovated":null,"listedBuilding":null,"numberOfFloors":1,"planningPermission":null,"businessForSale":false,"media":{"brochures":[{"uri":"property-brochure/1352e2469/754745474697904/1352e2469531c750017918b0590ca62e.pdf","description":"BROCHURE"}],"photos":[{"uri":"property-photo/fc0bbb6a3/754745474697904/fc0bbb6a3b70b6ab78f9138744d55aef.jpeg","description":"Front"},{"uri":"property-photo/1e8f20256/754745474697904/1e8f202565811a85c632475817576a3c.jpeg","description":"Internal"},{"uri":"property-photo/c5cdc375e/754745474697904/c5cdc375e930d89ef03b30f03aec5495.jpeg","description":"External"},{"uri":"property-photo/82f4def25/754745474697904/82f4def255207b12c1a7203858055acc.jpeg","description":"External"},{"uri":"property-photo/863dc0f52/754745474697904/863dc0f529287be106430070b3e851fc.jpeg","description":"Site Map"},{"uri":"property-photo/6d12e6f2c/754745474697904/6d12e6f2ca51e16cd340be74a5d41d9b.png","description":"Location Map"}],"floorPlans":[{"uri":"property-floorplan/4bcc8100c/754745474697904/4bcc8100c8ef69bb22264c91e2f1b3b1.jpeg","description":"GROUND FLOOR PLAN"}],"virtualTours":[],"videoTours":[],"epcs":[],"epcGraphs":[]},"sizing":{"unit":"SQFT","size":6399,"minSize":null,"measurementType":null,"maxSize":null},"location":{"displayAddress":"8-12 Hilton Crescent, West Bridgford, NG2 6HT","showMap":true,"postcode":{"incode":"6HT","outcode":"NG2"},"streetView":{"latitude":52.92102,"longitude":-1.11087,"heading":286.93904,"pitch":-0.91137,"zoom":2,"showStreetView":true},"latitude":52.92061,"longitude":-1.11113},"nearestStations":[{"distance":1.920094264694294,"name":"Wilford Lane Tram Stop","types":["TRAM"],"unit":"miles"},{"distance":2.3321089734799823,"name":"Nottingham Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":2.3718018292360905,"name":"Station St Tram Stop","types":["TRAM"],"unit":"miles"}],"agents":[{"name":"heb Property Consultants, Nottingham","email":null,"profileUrl":"/estate-agents/agent/heb-Property-Consultants/Nottingham-168662.html","logo":"/partner-logo/18080219-LOGO-1765964435.png","id":168662,"description":"

heb Property Consultants are one of the region's leading practices of Chartered Surveyors that specialise in all aspects of commercial property. We are a multi-discipline consultancy and our clients range from corporate companies and pension funds to small property trusts and individuals, we also provide various services to local authorities and charities.

Our ethos is based around core principles of strong communication with our clients, partner led services and a commitment to both creative and analytical thinking when dealing with property issues.

Our key services include;

Commercial property agency

Investment agency

Development advice

Professional services including rent reviews and lease renewals

Advice on s.106 and affordable housing agreements

","telephoneNumber":"0115 647 7973","morePropertiesFromAgentUrl":"/commercial-property-for-sale/find/heb-Property-Consultants/Nottingham.html?locationIdentifier=BRANCH%5E168662&propertyStatus=all&includeLetAgreed=true&_includeLetAgreed=on","primaryBrandColour":"#c6006f"}],"owner":null,"primaryPropertyClassification":{"propertyClassificationSubType":"RETAIL_HIGH_STREET","propertyClassificationType":"RETAIL","offices":null,"industrialAndLogistics":null,"leisureAndHospitality":null,"retail":{"frontageFeet":null}},"secondaryPropertyClassifications":[],"letType":null,"letContractLength":null,"status":"UNDER_OFFER","availableDate":null,"serviceCharge":null,"businessRates":null,"isRentAllInclusive":null,"products":{"commercialSearchProminenceEnabled":true,"featuredProperty":false,"premiumListing":false,"premiumListingLabel":"Investment Opportunity"},"auction":false,"spaces":[]}},"mediaParams":{"mediaType":"floorPlans","mediaIndex":0}}},"actionData":null,"errors":null}