For Sale - Serviced office investment

9-10, Havelock StreetIlkeston, DE7 5RJ

£220,000 for the Freehold

1,613 Sq Ft (150 Sq M)

Key Features - Under Offer

  • Sale: £220,000 for the Freehold
  • 1,613 Sq Ft (150 Sq M)

  • Two impressive, period terrace houses
  • Interlinked and converted to Class E
  • 10 lettable rooms
  • Producing £20,200 via inclusive rentals
  • 1 room available to let - ERV £22,000
  • Alternative use potential
  • With rear courtyard and garden
  • Ample free street parking

Location

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.

Description

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.

Accommodation

The accommodation has been measured on a Net Internal Area (NIA), measured in accordance with the RICS Code of Measuring Practice.

Floor Sq Ft Sq M
Rooms 1 & 2 - Let 302 28.06
Room 3 - Owner occupied 146 13.56
Kitchen 65 6.04
Room 4 - Let 133 12.36
Room 5 - Let 159 14.77
Room 6 - Vacant 140 13.01
Room 7 - Let 136 12.63
Room 8 - Let 112 10.4
Room 9 - Let 86 7.99
Room 10 - Store Room 135 12.54
Room 11 - Let 199 18.49
Total1,613150

Planning

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.

Services

All mains services are connected to the property.

Rating

Each office is rated separately on VOA.gov.uk. The suites fall under the threshold for small business rates relief for qualifying tenants.

Tenure

Freehold

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).

Price

Sale: £220,000 for the Freehold

VAT

All figures are quoted exclusive of VAT, we are advised the property is registered for VAT which is applicable at the prevailing rate.

EPC

E(123)

Viewing

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.

Anti-Money Laundering (AML)

Any offer accepted is subject to completing AML checks.

Paper Copying Licence

100062569

Note

Plans, maps and drawings are not to scale.

Particulars Updated

09-Aug-2022

Omeeto

Please check our website for a suite of photos, videos and virtual tour. Users can also access our data room for various property documents.

Reception Ground floor office 1

Important Notice

  1. Omeeto are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made by word of mouth or in writing.
  2. These particulars do not form part of any offer or contract and “information” must not be relied upon as statements, representations or facts.
  3. All measurements, areas and distances are approximate and for guidance. All descriptions, conditions, permission for use and occupations should not be relied upon and it should not be assumed that the property has all necessary planning, building regulation or other consents. Services, equipment and facilities etc have not been tested. Any interested party must satisfy themselves on these matters by inspection, independent advice or otherwise.
  4. Photos, video’s, virtual tours etc show only certain parts of the property as they appeared at the time of inspection.

Map data ©OpenStreetMap contributors.


Important Notice

  1. Omeeto are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made by word of mouth or in writing.
  2. These particulars do not form part of any offer or contract and “information” must not be relied upon as statements, representations or facts.
  3. All measurements, areas and distances are approximate and for guidance. All descriptions, conditions, permission for use and occupations should not be relied upon and it should not be assumed that the property has all necessary planning, building regulation or other consents. Services, equipment and facilities etc have not been tested. Any interested party must satisfy themselves on these matters by inspection, independent advice or otherwise.
  4. Photos, video’s, virtual tours etc show only certain parts of the property as they appeared at the time of inspection.

Map data ©OpenStreetMap contributors.

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