Ground Floor , 7 Russell Place, Nottingham, Nottinghamshire, NG1 5HJ

  • 1 parking space
  • New central heating system
  • Use of garden
  • Incentives available

Description

The property comprises the ground floor of an end-terraced building within the courtyard of Russell Place. A new central heating system has been installed along with new lighting. The property is self-contained and benefits from its own WC and kitchen facility with the added benefit of the use of a rear private
courtyard/garden area.

Floor Area

Measured on a net internal basis, the property has the following approximate floor area:-

50 sq m (538 sq ft)

The property benefits from a basement ideal for storage which is not included in the net area of the building.

Location

The property is located on Russell Place, just off Talbot Street within close proximity to Nottingham Trent University. The property benefits from excellent transport links in and out of Nottingham.

Tenure

The premises are available on a new full repairing and insuring basis for a term of years to be agreed.

The rent will be £10,000 per annum exclusive. Rent will be payable quarterly in advance on the usual quarter days.

Legal Costs

Each party will be responsible for their own legal costs incurred in documenting the transaction.

Town and Country

The property lies within a conservation area and is suitable for office use falling within Class B1 of the Town and Country Planning (Use Classes) Review 2010, however the property currently has a Class D1 use from the previous occupier. For confirmation or any enquires in regards to planning please contact Nottingham City Council Planning department (0115 876 4447).

Review Comments

The lease is to include a service charge which covers the management and upkeep of Russell Place and its common parts. The year end budget is based upon approximately £400 per annum.


To find out more about this property, give us a call on 0115 958 8599