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10 Vivian Avenue, Nottingham, NG5 1AF

£1,500,000Offers in the region of

Development Property For Sale in Nottingham

Four storey purpose-built detached office building set within a secure self-contained site 1.5 miles north of Nottingham city centre. The building is currently in use as a regional headquarter office building and offers great redevelopment opportunity.

Location

The premises is situated approximately 1.5 miles (2.4 km) north of Nottingham city centre and is well served by public transport links being walking distance from the Forest Park and Ride Tram facility, as well as a number of local bus routes. Junction 26 of the M1 motorway is approximately 4 miles (6.4 km) away.

Description

The property comprises a four storey purpose-built detached office building set within a secure self-contained site. The property is of concrete and metal framed construction with concrete floors. The elevations are overclad with modern cladding creating an impressive external presentation of the building.

Internally the property is laid out to provide a mix of open plan and cellular office accommodation together with welfare facilities, staff canteen and ancillary storage. Almost all of the partitioning is demountable to each floor, which means the floor plates can be made open plan with relative ease. There is a lower ground floor providing staff training rooms. By way of general overview, the building is modern and well presented.

The property has the benefit of a passenger lift and three phase power. Externally the property has the benefit of a secure gated private car park with provision to park up to 30 cars.

Accommodation

The property has been measured and referenced on a net internal basis. The measurements are for guidance purposes only, and interested parties are advised to carry out their own due diligence in respect of internal
measurements.

There are a total of 30 parking spaces within the secure site, this is a good parking ratio of 1 : 544 sq ft. Interested parties are advised that the property falls within the Workplace Parking Levy (WPL). Further information is available upon request. The total site area is 0.433 acres (0.175 ha).

Services

We understand that mains electricity, gas, water and drainage are connected. None of the heating systems or any other plant and equipment have been tested by Commercial List and prospective lessees must rely on their own investigations as to their existence and condition.

Business rates

From enquiries undertaken from the Valuation Office Agency website we understand the following:

Rateable Value- £126,000

This information is given for guidance purposes only and interested parties are advised to make their own enquiries of the Nottingham City Council (Business Rates Department).

Terms

The freehold interest is available, with vacant possession. We are inviting offers over £1,500,000 (VAT not applicable).

Epc

The property has an EPC rating of ‘C’ 79 – which is valid until 11th September 2026. A copy of the EPC is available upon request.

Vat

All figures are quoted exclusive of VAT.

Legal costs

Each party to bear their own legal and professional fees incurred in this transaction.

Viewing

By prior appointment with the joint letting agents;

Charlie Burrows- e: charlieb@commerciallist.co.uk t: 07923 448308
Sunny Landa- e: sunny@landaassociates.co.uk t: 07733 464322

 

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