Unit 4 Chase Park, Daleside Road, Colwick, Nottingham, NG2 4GT

Unit 4, Chase Park is the right half of a semi-detached building of steel framed construction clad with brick and blockwork elevations to the first floor, surmounted by insulated profile steel cladding which extends to cover the roof. The accommodation is arranged on ground and first floor levels and is currently occupied in its entirety by the tenant company, whose lease expires 22nd August 2026. It provides a combination of open plan office accommodation on both floors. Kitchen and WC facilities are located on both levels.

Location

Nottingham is the principal city of the East Midlands with a population of 275,000. It has a strong diverse base of employment. Major employers in the city include the Inland Revenue, Capital One, Alliance Boots, Eon and Experian.

Chase Park is located 1.5 miles north-east of the city centre fronting the A612 Daleside Road, one of the main arterial routes to the city centre.

Description

Developed in 1998, Chase Park is a small purpose built business park providing 10 semi-detached office/business units within a managed landscaped environment.

Unit 4, Chase Park is the right half of a semi-detached building of steel framed construction clad with brick and blockwork elevations to the first floor, surmounted by insulated profile steel cladding which extends to cover the roof.

The accommodation is arranged on ground and first floor levels and is currently occupied in its entirety by the tenant company, whose lease expires 22nd August 2026. It provides a combination of open plan office accommodation on both floors. Kitchen and WC facilities are located on both levels.

The building’s security is excellent with the rear elevations protected by externally mounted roller shutter blinds and the front and side windows protected by internally mounted sliding security grilles to the ground floor.

11 car parking spaces are demised to the property on a tarmacadam surfaced car park.

Accommodation

We have been informed that the approximate net internal floor area is as follows;

Ground floor - 148 sq m (1,593 sq ft)
First floor - 161 sq m (1,732 sq ft)

Total NIA - 309 sq m (3,326 sq ft)

Business rates

From enquiries made though the Valuation Office website, we understand that the following rating assessment applies;

Rateable value: £34,000

Interested parties should make their own enquiries as to the amount of rates payable.

Tenancy

The property is currently let in its entirety to Zouch Converters Ltd. The lease is held on FRI terms until 22nd August 2026 without security of tenure. The passing rent is £36,000 pa exclusive.

Town and country planning

The property has established consent for use as offices falling within Class E of the Town & Country Planning (Use Classes) Order 1987 (as amended).

Buyer to make their own enquiries.

Epc

Energy rating - C

Rent

The passing rent of £36,000 per annum equates to £10.82 per sq ft.

Service charge

Approximately £1,500 plus VAT per annum.

Vat

We understand that VAT is payable on the sale price.

Legal costs

Each party to pay their own legal costs incurred.

Price

Offers in the region of £450,000 plus VAT are sought.

Viewing

For an appointment to view or further information please contact;

Commercial List
e: enquiries@commerciallist.co.uk t: 0115 784 3525

Will Moss
e: will@landaassociates.co.uk t: 07368 323337

Agent notes

Please note, by submitting an enquiry regarding this property you agree that we may send your details to the freeholder / landlord / managing agent of this property so they may contact you in order to answer any questions or arrange a convenient viewing time. Furthermore, these Particulars are believed to be correct, but their accuracy cannot be guaranteed, and they do not constitute an offer or a contract.