Unit B3, Park Lane Business Centre, NG6 0DW

Location
The property is situated within a well-established business park at Park Lane, Basford, 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 'hybrid' office / workshop building set across the ground and first floors.

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

Externally there are six allocated car parking spaces with further unrestricted parking available on Park Lane.

Accommodation (GIA)
Ground Floor: 93 sq m (1,001 sq ft)
First Floor: 93 sq m (1,001 sq ft)
TOTAL: 186 sq m (2,002 sq ft)

Tenure
The property is available to purchase freehold with vacant possession for £250,000.

Price
£250,000 Freehold

Rent
Consideration will be given to rental proposals from well-established businesses for a minimum term of 5 years.

£18,500 per annum

Service Charge
A service charge will be payable for the general maintenance and upkeep of the estate. Further information can be provided by contacting the sole selling agent.

Business Rates
The rateable value: £17,000
Rates payable: £8,483

Occupiers are required to make their own enquiries via the local Council.

Planning
The property has planning for:-
E: (Commercial Business and Service) Offices
B8: (Storage and Distribution)

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

VAT
VAT is applicable to the purchase price / rent and service charge.

EPC
C - 73