1-5 Trentview Court, Moreland Street, Nottingham, NG2 3FX
£900,000+
Commercial
Key Features
- An opportunity to acquire a substantial freehold Industrial Estate Investment
- Comprising 5 units extending in total to approximately 7,660 sq ft on a site of 0.5 acres
- Total Current Rent Reserved of £62,350 pa
Part of the
17 April 2025
auction
Trent Bridge Cricket Ground
at
2.30PM
An opportunity to acquire a substantial freehold Industrial Estate Investment comprising 5 units extending in total to approximately 7,660 sq ft on a site of 0.5 acres. Total Current Rent Reserved of £62,350 pa.
- Freehold Industrial Estate comprising 5 units
- Located on Moreland Street just off Meadow lane
- Situated close to Lady Bay Retail Park
- 0.8 miles South East of Nottingham City Centre
- Nearby occupiers: Screwfix, BP, KFC, Costa, Dreams, B&M
- Excellent connectivity, less than 1 minute drive to A612 & A60
- Situated off one of the main arterial routes in & out of the City
- Set on a site of circa 0.5 acres
- Unit 1 measures approx. 1,560 sq ft is let at £13,300 pa
- Unit 2 measures approx. 1,829 sq ft new lease effective on completion at £14,500 pa
- Unit 3 measures approx. 1,539 sq ft is let at £14,500 pa
- Unit 4 measures approx. 1,560 sq ft is let at £9,550 pa
- Unit 5 measures approx. 1,172 sq ft is let at £10,500 pa
- Benefits from ample amount of parking to the front of the unit
- Car park & yard to the front of the units measures 10,000 sq ft
- Each unit benefits from an electric roller shutter door
- An ideal asset management opportunity
Contact Auction Estates on 0115 7844 600
Fees
A buyer's premium of £1,800 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.
Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Freehold subject to the existing leases producing a combined rental income of £62,350. (refer to Legal Pack)
Refer to Legal Pack