Where is the Investment located?
Ilkeston is a market town in the Erewash district of Derbyshire approximately 7.8 miles west of Nottingham and 10 miles north-east of Derby.
The property is located just 0.2 miles south of Ilkeston town centre and occupies a prominent position facing the A609 Nottingham Road.
Two impressive, period terrace houses, converted and interlinked to provide 8 lettable offices over three floors.
A managers office and shared kitchen is located on the ground floor, bathroom facilities are on the first. The property is part let and currently producing £20,200 per annum, on a serviced basis.
Externally to the rear is an enclosed courtyard with outhouse and gravelled area offing potential for off street parking if an agreement for access can be reached with the neighbouring landowner. Ample free street parking is close by.
How has the accommodation been measured?
The accommodation has been measured on a Net Internal Area (NIA), measured in accordance with the RICS Code of Measuring Practice.
|Rooms 1 & 2 - Let
|Room 3 - Owner occupied
|Room 4 - Let
|Room 5 - Let
|Room 6 - Vacant
|Room 7 - Let
|Room 8 - Let
|Room 9 - Let
|Room 10 - Store Room
|Room 11 - Let
We believe the property has been used under Classes E and of the Town and Country Planning (Use Classes) Order 1987 (as amended) but may be suitable for a range of professional uses. All parties should confirm the planning position with the relevant Local Authority.
All mains services are connected to the property.
What is the Ratable Value?
Each office is rated separately on VOA.gov.uk. The suites fall under the threshold for small business rates relief for qualifying tenants.
How is the accommodation offered?
Serviced offices for sale subject to a number of existing licences to a range of individuals and private companies.
The room are let on an "inclusive" rental basis. Rents include utilities, waste disposal (of general office waste only), maintenance (shared interior and exterior), cleaning of common areas. Tenants arrange their own telephone/ broadband and are responsible for payment of any business rates (if applicable).
£220,000 for the Freehold. Please check the VAT status.
All figures are quoted exclusive of VAT, we are advised the property is registered for VAT which is applicable at the prevailing rate.
What are the viewing arrangements?
Please check our website for a virtual tour. Physical viewings with proceedable parties can be arranged on request by contacting our commercial property agents. OMEETO do not take any responsibility for any loss or injury caused whilst carrying out a site visit.