Investment For Sale The Quadrant, Nuart Road, Beeston, Nottingham

Beeston is a town in the Borough of Broxtowe just 3.4 miles south-west of Nottingham city centre.

Beeston town centre is fast becoming a thriving business hub and cosmopolitan centre with a wide range of amenities. Situated adjacent Beeston library on Nuart Road, off the B6006 Wollaton Road, the property is surrounded by many local shops, cafes and restaurants.

The property is well located for public transport links with regular buses down Wollaton Road, both the tram and Beeston Station are within a short walking distance. Within 1 mile of Nottingham University and 2 miles of The Queens Medical Centre.

What 3 Words location: putty.kick.latest

Tenants unaffected. Superbly presented, modern serviced office. Generating c£445,000 pa. inclusive of running costs. Opportunity to grow income through sale of on site services. Potential to reduce costs by quantum.

C45 lettable spaces ranging from 92 - 4,914 sq ft. Each suite is air conditioned, with video/intercom unit, LED light sensors, fully networked with PAX entry control, CCTV to the common areas. Onsite cafe, gym & car park. Bookable boardroom, shared informal meeting space, kitchens, lift access, M/F & accessible WCs & showers.

Serviced offices are formed from demountable partitioning. Areas have been taken from the VOA, pre split into serviced offices. Areas should be confirmed. Floor plans are available from the agent.

We believe the property has been used for Classes E and of the Town and Country Planning (Use Classes) Order 1987 but may be subject to a range of professional uses STP. By way of a permission referenced 23/00872/FUL consent has now been granted for the construction of a third floor to contain apartments associated with the building use, and install external padel court on the second floor, to create multi-purpose building comprising offices and a café. All parties should confirm the planning position with the relevant Local Authority.

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

The individual suites are separately assessed for rating purposes. Tenants are responsible for their own business rates. Most qualify for rates relief.

Freehold

Serviced office for sale freehold. All occupiers are on an annual licence, paying an inclusive licence fee. This is with the exception of the top floor tenant who are on a repairing lease expiring November 2027. A tenancy schedule is available on request.

£4,750,000 Guide price. All figures are quoted exclusive of VAT, we are advised the property is registered for VAT which is applicable at the prevailing rate.

B(45)

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.