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7025NG NOTTINGHAM F/H£150,000 EMPTY FREEHOLD/DEVELOPMENT SITE

Asking Price: GBP 150000
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Business Location: United Kingdom » Nottingham » NOTTINGHAM 
Category: Real Estate » For Sell
Description:
Advent Business Sales have been
instructed to offer for sale this empty
freehold premise with excellent
potential.
Previously a City Council depot, it is now
reluctantly offered for sale by the
vendors due to being surplus to
requirements.
The buildings are arranged in a ‘U’ shape
around a central courtyard with hard
standing and access is gained via a
private driveway with locked gates
leading to the main road.
The development currently consists of a
self contained office building with two
offices carpeted throughout and several
separated units with 6 access doors
currently in place, plus an open roofed
construction previously used as a wash
bay.
We are informed by the vendors that
the site also has mains gas and
electricity supply.
EXPANSION POTENTIAL
This is an excellent opportunity for any
business currently outgrowing its
current premises to move into a purpose
built building with offices, w/c’s and
showers, workshops and storage.
Alternatively, this is an opportunity to
develop into separate units at minimal
investment to then further sublet to
small businesses. The property
previously had outlined planning
permission for residential development
of two detached bungalows. This has
now lapsed but there should be no
problem getting residential planning
permission as it is situated in a
residential area.
FINANCIAL INFORMATION
Not applicable
BUSINESS PREMISES
A self contained and secure site
consisting of the following:
Ground Floor
? Doorway leading into hall of single
storey building divided into 2 self
contained offices
? Large workshop with office
? Smaller workshop/store
? Small store
? Further store/workshop
? Larger ‘L’ shaped workshop
? W/c’s, shower room and boiler
? Further workshop area
? Covered open fronted bay
? Central courtyard with hard
standing and parking for
approximately 10 vehicles
? Driveway into premises with
security fencing and locked gated
access leading to roadside
TENURE: Freehold
We are advised that the annual business
rates are currently: £1689.31 per
annum
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 2000
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Reasons for selling:
vendors due to being surplus to requirements.
Market competition and expansion:
This is an excellent opportunity for any business currently outgrowing its current premises to move into a purpose built building with offices, w/c’s and showers, workshops and storage. Alternatively, this is an opportunity to develop into separate units at minimal investment to then further sublet to small businesses. The property previously had outlined planning permission for residential development of two detached bungalows. This has now lapsed but there should be no problem getting residential planning permission as it is situated in a residential area.
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