Investment Sold Boden House, West Gate, Long Eaton

NG10 1EG

£2,800,000 for the Freehold (please check the VAT status)

22,692 Sq Ft (2,108.2 Sq M)

Residential Investment - Sold - please contact the office to discuss your requirement.

Residential Investment - Sold

Living room Residential Investment

Description

Why choose Boden House, West Gate, Long Eaton NG10 1EG? - Sold

Sale: £2,800,000 for the Freehold (please check the VAT status)
22,692 Sq Ft (2,108.2 Sq M)
Fully let producing £265,000 p.a.
24x 1 bed and 6x 2 bed apartments
Ground floor offices and under croft parking
30 apartments fully self-contained with own meter
0.1 mile from Town Centre
Built 2016

Where is the Investment located?

Long Eaton is a market town in the Erewash district of Derbyshire approximately 7 miles south-west of Nottingham and 8.5 miles south-east of Derby

The property is located 0.1 mile from Long Eaton town centre and is accessed off Main Street.

What3Word location: cones.risks.cape

What does the Investment comprise?

Fully let investment producing £265,000pa, potential to convert ground floor STP. Built in 2016 and refurbished in 2022.

30 apartments over the 1st, 2nd & 3rd floors. Offices & under croft car parking on ground floor. Each apartment with laminate flooring, electric panel heaters, kitchen (with electric oven / hob and extraction) and bathroom with shower. The property benefits from a lift, CCTV and UPVC double glazing. Externally there is an enclosed courtyard to the rear that could be used for additional 3 car parking spaces (totalling 12 with the property).

How has the Investment been measured?

The gross floor areas are provided. The apartment sizes have been taken from architect drawings and should be confirmed.

Floor	Sq Ft	Sq M
Ground Floor - Ancillary	1,830	170.01
Ground Floor - Under croft parking 1 - 6	2,196	204.01
Ground Floor - Under croft parking 7 - 11	1,647	153.01
First Floor - Flats 1 - 8 & 2x care units	5,673	527.02
Second Floor - Flats 9 - 16 & 2x care units	5,673	527.02
Third Floor - Flats 17 - 24 & 2x care units	5,673	527.02
Total	22,692	2,108

What has the property been used for?

The property has a Residential Care (C2) consent ref 0516/001. Change of Use to C3 Residential (30 apartments) has been submitted Ref 1122/0021 and is anticipated to be granted subject to S106. Offers STP for this application will be considered.

Are there Utilities?

All mains services with the exception of gas are connected to the property. Each apartment has its own metered mains electric and water supply. The agents give no guarantee in respect of connectivity or capacity and interested parties must rely on their own investigations.

What is the Rateable Value?

The property currently has a single assessment for Council Tax and is Band H.

How is the property offered?

Freehold

Care facility for sale freehold.

How much is the Price?

£2,800,000 for the Freehold. All figures are quoted exclusive of VAT, we are advised the property is not registered for VAT.

What is the EPC rating?

Flat 1 FF 2 bed 50 SqM - C(79)
Flat 2 FF 1 bed 40 SqM - C(76)
Flat 3 FF 1 bed 47 SqM - C(74)
Flat 4 FF 2 bed 56 SqM - C(75)
FF Care Unit 42 SqM
FF Care Unit 34 SqM
Flat 7 (5 on plans) FF 1 bed 39 SqM - C(75)
Flat 8 (6 on plans) FF 1 bed 39 SqM - C(77)
Flat 9 (7 on plans) FF 1 bed 39 SqM - C(80)
Flat 10 (8 on plans) FF 1 bed 39 SqM - B(82)
Flat 11 (9 on plans) SF 2 bed 50 SqM - B(81)
Flat 12 (10 on plans) SF 1 bed 40 SqM - C(78)
Flat 13 (11 on plans) SF 1 bed 47 SqM - C(76)
Flat 14 (12 on plans) SF 2 bed 56 SqM - C(76)
SF Care Unit 42 SqM
SF Care Unit 34 SqM
Flat 17 (13 on plans) SF 1 bed 39 SqM - C(77)
Flat 18 (14 on plans) SF 1 bed 39 SqM - C(79)
Flat 19 (15 on plans) SF 1 bed 39 SqM - B(81)
Flat 20 (16 on plans) SF 1 bed 39 SqM - B(83)
Flat 21 (17 on plans) TF 2 bed 50 SqM - C(75)
Flat 22 (18 on plans) TF 1 bed 40 SqM - C(74)
Flat 23 (19 on plans) TF 1 bed 47 SqM - C(73)
Flat 24 (20 on plans) TF 2 bed 56 SqM - C(71)
SF Care Unit 42 SqM
SF Care unit 34 SqM
Flat 27 (21 on plans) TF 1 bed 39 SqM - C(73)
Flat 28 (22 on plans) TF 1 bed 39 SqM - C(74)
Flat 29 (23 on plans) TF 1 bed 39 SqM - C(76)
Flat 30 (24 on plans) TF 1 bed 39 SqM - C(78)

What are the viewing arrangements?

Please contact us or visit the OMEETO website for full details and 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

15-Aug-2024

Omeeto

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

Important Notice

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.
These particulars do not form part of any offer or contract and “information” must not be relied upon as statements, representations or facts.
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.
Photos, video’s, virtual tours etc show only certain parts of the property as they appeared at the time of inspection.

Contact

Chris Wright
01332 840328
07471 072799
chrisw@omeeto.co.uk

Important Notice

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.
These particulars do not form part of any offer or contract and “information” must not be relied upon as statements, representations or facts.
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.
Photos, video’s, virtual tours etc show only certain parts of the property as they appeared at the time of inspection.

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Contact

Chris Wright
01332 840328
07471 072799
chrisw@omeeto.co.uk

Living room

Residential Investment

Living room

Bedroom

Kitchen finish