Unit 3 Commodore Court, Nuthall Road, Nottingham, Nottinghamshire, NG8 5DQ

Prominent Roadside Ground Floor Retail Opportunity

Property details

Type Investment, Retail
Tenure Long Leasehold - A new 999 year lease from completion at a peppercorn ground rent.
Price Offers based on £350,000
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  • Prominent, modern roadside retail unit extending to 3,865 sq ft (359 sq m).
  • Very busy arterial route out of Nottingham (A610), which links the City to the J26 of the M1.
  • Nottingham is one of the UK’s largest cities and is consistently in the top ten centres ranked nationally by size of shopping catchment.
  • Former Bathstore unit suitable for a variety of uses.
  • Rear car parking and servicing.
  • Offers based on £350,000 plus VAT

The property comprises an end of terrace retail unit with a return frontage situated on the ground floor of a mixed commercial and residential development. Internally, the unit is open plan and in shell condition ready for a tenants fit out.

To the rear of the unit there is access to the car parking for rear loading/unloading and an un-used lift shaft should an occupier require a good lift installing. Externally, there is a designated service area and car park for the development.

Nottingham is considered to be the commercial capital of the East Midlands and is one of the UK’s busiest retailing destinations. The property is located approximately 2 miles northwest of Nottingham city centre and occupies a prominent roadside location on the busy A610, which is the main arterial route linking the city to J26 of the M1. Other commercial occupiers of note in the vicinity include KFC, Iceland, Halfords, Greggs and Domino’s.
Ground Floor 3,865 sq. ft. ( 359 sq m).
The property benefits from the right to occupy 6 car parking spaces to the rear of the property.
Long Leasehold - A new 999 year lease from completion at a peppercorn ground rent.
This property has an EPC rating of C-57.
Legal Costs
Each party are to be responsible for their own legal costs that may be incurred in this transaction.
Anti Money Laundering
In accordance with anti-money laundering regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.