What is the Industrial Unit address?
Former Canal Engineering , Lenton Lane, Nottingham, Nottinghamshire, NG7 2PQ
Where is the Industrial Unit located?
The industrial unit to let is just 2.3 miles southwest of Nottingham City Centre and situated on Lenton Lane.
Lenton Lane is a highly desirable and established estate road, benefiting from direct access to Nottingham's Ring Road; the A52 Clifton Boulevard and the A453 Queens Drive. Being in such an accessible and prominent location, it is the destination of choice for numerous premium car dealers, including businesses such as; Ferrari, Maserati and BMW.
Description
Highly prominent warehouse. Next to Grey Paul Ferrari. Visible from A52 Clifton Boulevard. Four bay warehouse and offices. With CCTV, crane & access controlled yard. Each warehouse has its own roller shutter door and access into the fenced and gated compound.
Unit 1: Eaves 3m. Ridge 5.5m. Shutter Door: 3.65m W x 3.6m H
Unit 2: With mezzanine. Eaves 6m. Shutter Door: 2.97m W x 4.5m H
Unit 3: 5 ton crane. Eaves 6m. Ridge 8.3m. Shutter Door: 6m W x 4m H
Unit 4: Eaves 3.3m. Ridge 8.3m. Shutter Door: 3.6m W x 3m H
In addition to the fenced and gated compound, the unit has forecourt parking with 26 parking spaces.
How has the accommodation been measured?
The accommodation has been measured on a Gross Internal Area basis (GIA) in accordance with the RICS Code of Measuring practice.
Floor |
Sq Ft |
Sq M |
Unit 1 Offices |
4,515 |
419.44 |
Unit 1 |
18,247 |
1,695.15 |
Unit 2 |
5,231 |
485.96 |
Unit 2 Mezzanine |
4,610 |
428.27 |
Unit 3 |
5,961 |
553.78 |
Unit 4 |
4,648 |
431.8 |
Total | 43,212 | 4,014 |
Planning
We believe the property has a long established B2 (General Industrial) use. It is understood there are permitted development rights to amend Use Class B2 (General Industrial) to Use Class B8 (Storage & Distribution) subject to the total floor space being no greater than 500sqm of floor space in the building. May be suitable for a variety of commercial, trade or retail uses subject to the requisite consents. All parties should confirm the planning position with the relevant Local Authority.
Services
We are advised mains services are connected to include 3 Phase. National Grid have advised there are two MPANs with an Authorised Supply Capacity of 120kva and 175kva. These would need to be confirmed on site. There is no gas, heating has previously been diesel fired. 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 is currently listed as a factory and premises on VOA.gov.uk.
Rateable Value: £122,000
Rates Payable: £66,612
How is the accommodation offered?
Leasehold
Industrial Unit to let by way of a new lease for a minimum term of 5 years.
Price
Rent: £250,000 per annum. 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 (118)
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 or our joint agents Innes England. The agents do not take any responsibility for any loss or injury caused whilst carrying out a site visit.