Bessell Lane, Stapleford, NG9

Righthouse Estate Agents are pleased to offer for sale this substantial, established multi-let commercial investment, situated on Bessell Lane in Stapleford, Nottingham.

The property comprises a range of traditional brick-built commercial buildings providing a mixture of offices, workshops and light industrial accommodation, together with external parking, a gated storage compound and eight storage containers.

The accommodation extends to approximately 900 sq m (9,688 sq ft), as recorded on the commercial EPC, subject to verification.

The site accommodates a variety of established commercial occupiers and currently generates a gross annual rental income of approximately £94,700, exclusive of VAT, presenting an opportunity for investors seeking an established income-producing commercial property.

The investment is currently fully managed by Righthouse Estate Agents, with established tenancy and management arrangements already in place.

Accommodation

The property comprises a series of interconnected, predominantly single-storey brick-built commercial buildings, arranged to provide a variety of individual offices, workshops and light industrial accommodation.

Internally, the accommodation includes individual office suites, communal circulation areas, kitchen facilities and WC accommodation, serving the various commercial occupiers.

The buildings are of an older specification, with scope for future improvement and enhancement, subject to the necessary consents.

Outside Space

Parking and Access
The property benefits from frontage onto Bessell Lane, with external hardstanding providing parking and access to the various commercial units.

Storage Compound
A gated external compound is situated to the side of the main buildings, accommodating eight storage containers which provide an additional rental income stream.

Location

The property is situated on Bessell Lane in Stapleford, Nottinghamshire, within an established commercial and industrial area.

Stapleford is conveniently positioned between Nottingham and Derby, with access to the surrounding towns of Beeston, Long Eaton and Ilkeston. Junction 25 of the M1 motorway is approximately 1.5 miles away, providing convenient access to the wider motorway network.

The location benefits from established commercial activity in the surrounding area and good accessibility for businesses operating throughout Nottinghamshire and Derbyshire.

Tenure and Tenancies

The property is offered for sale subject to the existing commercial tenancies and occupational arrangements.

The current gross rental income is approximately £94,700 per annum, exclusive of VAT.

Certain rental arrangements are inclusive of utilities, including electricity, gas and water, with these costs met by the landlord. Further details of the tenancy arrangements, rental income and associated expenditure are available to genuinely interested parties upon request.

The eight storage containers are privately owned separately from the freehold, with their inclusion in the sale and associated arrangements to be agreed as part of the transaction.

Business Rates

The individual commercial units are separately assessed for business rates, with details of the respective assessments available through the Valuation Office Agency (VOA).

Interested parties should make their own enquiries regarding the applicable rateable values and liabilities.

Energy Performance

EPC Rating: E

The current commercial EPC records a total floor area of approximately 900 sq m (9,688 sq ft) and is valid until 3 September 2036.

Viewings and Further Information

Viewings are strictly by prior appointment through Righthouse Estate Agents.

Further information regarding the existing tenancies and financial arrangements can be made available to genuinely interested purchasers upon request.

Prospective purchasers are requested not to approach existing occupiers directly.

Property Information

Tenure: Freehold (understood, subject to legal verification).
Services: Mains electricity, gas, water and drainage are understood to be connected.
Business Rates: Individual commercial units are separately assessed. Rateable values can be obtained from the Valuation Office Agency (VOA).
Local Authority: Broxtowe Borough Council.
EPC Rating: E (valid until 3 September 2036).
Floor Area: Approximately 900 sq m (9,688 sq ft), as recorded on the commercial EPC, subject to verification.


VAT: We understand the sale may qualify as a Transfer of a Going Concern (TOGC), in which case VAT may not be applicable. Prospective purchasers should make their own enquiries and seek independent professional advice regarding the VAT treatment of the transaction.

Important Notice

These particulars are provided in good faith as a general guide and do not form part of any offer or contract. All measurements, floor areas, photographs, descriptions, rental figures and other information are approximate and should be independently verified by prospective purchasers through their solicitor, surveyor or other professional advisers. Tenancies, rental income, expenditure, ownership of assets and VAT arrangements are subject to verification.