OFFICE INVESTMENT FOR SALE
Units 18 & 19/20, H2O Lakeview Sherwood Park Nottingham NG15 0DT
OFFICE INVESTMENT FOR SALE
Two modern well specified office buildings 1,649 sq ft (153.19 sq m) and 3,559 sq ft (330.70 sq m) Total current income £65,988 per annum exclusive Total car parking of 24 spaces
All enquiries/ viewing requests to:
Chris Sinclair 07929 204405 [email protected]
Jonathon Seddon 07973 433912 [email protected]
0115 924 3243 www.innes-england.com
Location
H2O is a development that provides self-contained offices ranging in size from 1,649 sq ft to 3,559 sq ft. They are designed to meet the demands of modern businesses with top quality finishes, generous car parking and excellent accessibility.
This unique development is set amongst the ornamental lakes and tree lined avenues of Sherwood Park; one of the UK’s premier business parks. It is home to a thriving business community of headquarter office buildings, leading-edge manufacturing facilities, call centres and mixed occupancy offices. It has been chosen by many well known companies such as Rolls Royce, Prolog, Pendragon, Eon, Zeppelin and L’Oreal. We are pleased to offer an opportunity to acquire this long leasehold investment property.
Description The property comprises an end and mid-terrace two storey office building which offer the following specification:-
All enquiries/ viewing requests to:
Chris Sinclair 07929 204405 [email protected]
Jonathon Seddon 07973 433912 [email protected]
Efficient open plan floorplates Gas fired central heating 2.85m clear floor to ceiling height Suspended ceilings with recessed LG3 lighting Fully tiled WC’s (DDA compliant) Lift High quality finishes Fitted kitchen Beech faced hardwood internal doors Steel staircase with hardwood & stainless steel detail Double glazed windows
Accommodation Briefly, the accommodation comprises the following: sq m
sq ft
Ground Floor
74.6
803
First Floor
78.6
846
Total
153.2
1,649
Unit 18
8 car parking spaces.
0115 924 3243 www.innes-england.com
sq m
sq ft
The passing rent is £46,200 per annum exclusive of rates and all other outgoings.
Ground Floor
162.3
1,747
Tenure
First Floor
168.4
1,812
Total
330.7
3,559
The property is to be sold on the basis of a 999 year long lease from September 2005 at a peppercorn rent subject to and with the benefit of the two tenancies outlined above.
Unit 19/20
16 car parking spaces. (Measurements are quoted on a Net Internal basis, in accordance with the RICS Code of Measuring Practice, 6th Edition).
Tenancies Unit 18, which trades as a café, is let to Andrew Marriott and Debra Ann Griffin by way of a lease dated 20th February 2013. The lease is for a period of 20 years and is on effective full repairing and insuring terms. The current rent of £19,788 per annum is subject to review on 21st January 2017, 2023 and 2028. There is a mutual break provision effective 19th February 2021. The lease of Units 19/20 is now vested in Remarkable Internet Ltd (formerly known as Eventure Internet Ltd). The lease which commenced on 31st October 2009 is for a period of 10 years on effective full repairing and insuring terms.
All enquiries/ viewing requests to:
Chris Sinclair 07929 204405 [email protected]
Jonathon Seddon 07973 433912 [email protected]
Costs Each party will be responsible for their own costs incurred in the transaction.
VAT The property is elected for VAT. The sale should qualify for TOGC treatment for VAT and SDLT purposes but no warranty is given to that effect and buyers should take independent legal or accountancy advice.
Purchase Price On application from the joint agents.
Viewing By appointment with the joint agents.
0115 924 3243 www.innes-england.com
This plan is published for convenience of identification. Any site boundaries shown are indicative only. © Crown copyright – License No. 100007643 NOT TO SCALE
All enquiries/ viewing requests to:
Innes England for themselves and for vendors or lessors of the property whose agents they are, give notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute part of, an offer or contract;
Chris Sinclair 07929 204405 [email protected]
(ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them;
Jonathon Seddon 07973 433912 [email protected]
(iii) no person in the employment of Innes England has any authority to make or give any representation or warranty whatever in relation to this property; (iv) all rentals and prices are quoted exclusive of VAT.
0115 924 3243 www.innes-england.com
OFFICE INVESTMENT FOR SALE
Two modern well specified office buildings 1,649 sq ft (153.19 sq m) and 3,559 sq ft (330.70 sq m) Total current income £65,988 per annum exclusive Total car parking of 24 spaces
All enquiries/ viewing requests to:
Chris Sinclair 07929 204405 [email protected]
Jonathon Seddon 07973 433912 [email protected]
0115 924 3243 www.innes-england.com
Location
H2O is a development that provides self-contained offices ranging in size from 1,649 sq ft to 3,559 sq ft. They are designed to meet the demands of modern businesses with top quality finishes, generous car parking and excellent accessibility.
This unique development is set amongst the ornamental lakes and tree lined avenues of Sherwood Park; one of the UK’s premier business parks. It is home to a thriving business community of headquarter office buildings, leading-edge manufacturing facilities, call centres and mixed occupancy offices. It has been chosen by many well known companies such as Rolls Royce, Prolog, Pendragon, Eon, Zeppelin and L’Oreal. We are pleased to offer an opportunity to acquire this long leasehold investment property.
Description The property comprises an end and mid-terrace two storey office building which offer the following specification:-
All enquiries/ viewing requests to:
Chris Sinclair 07929 204405 [email protected]
Jonathon Seddon 07973 433912 [email protected]
Efficient open plan floorplates Gas fired central heating 2.85m clear floor to ceiling height Suspended ceilings with recessed LG3 lighting Fully tiled WC’s (DDA compliant) Lift High quality finishes Fitted kitchen Beech faced hardwood internal doors Steel staircase with hardwood & stainless steel detail Double glazed windows
Accommodation Briefly, the accommodation comprises the following: sq m
sq ft
Ground Floor
74.6
803
First Floor
78.6
846
Total
153.2
1,649
Unit 18
8 car parking spaces.
0115 924 3243 www.innes-england.com
sq m
sq ft
The passing rent is £46,200 per annum exclusive of rates and all other outgoings.
Ground Floor
162.3
1,747
Tenure
First Floor
168.4
1,812
Total
330.7
3,559
The property is to be sold on the basis of a 999 year long lease from September 2005 at a peppercorn rent subject to and with the benefit of the two tenancies outlined above.
Unit 19/20
16 car parking spaces. (Measurements are quoted on a Net Internal basis, in accordance with the RICS Code of Measuring Practice, 6th Edition).
Tenancies Unit 18, which trades as a café, is let to Andrew Marriott and Debra Ann Griffin by way of a lease dated 20th February 2013. The lease is for a period of 20 years and is on effective full repairing and insuring terms. The current rent of £19,788 per annum is subject to review on 21st January 2017, 2023 and 2028. There is a mutual break provision effective 19th February 2021. The lease of Units 19/20 is now vested in Remarkable Internet Ltd (formerly known as Eventure Internet Ltd). The lease which commenced on 31st October 2009 is for a period of 10 years on effective full repairing and insuring terms.
All enquiries/ viewing requests to:
Chris Sinclair 07929 204405 [email protected]
Jonathon Seddon 07973 433912 [email protected]
Costs Each party will be responsible for their own costs incurred in the transaction.
VAT The property is elected for VAT. The sale should qualify for TOGC treatment for VAT and SDLT purposes but no warranty is given to that effect and buyers should take independent legal or accountancy advice.
Purchase Price On application from the joint agents.
Viewing By appointment with the joint agents.
0115 924 3243 www.innes-england.com
This plan is published for convenience of identification. Any site boundaries shown are indicative only. © Crown copyright – License No. 100007643 NOT TO SCALE
All enquiries/ viewing requests to:
Innes England for themselves and for vendors or lessors of the property whose agents they are, give notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute part of, an offer or contract;
Chris Sinclair 07929 204405 [email protected]
(ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them;
Jonathon Seddon 07973 433912 [email protected]
(iii) no person in the employment of Innes England has any authority to make or give any representation or warranty whatever in relation to this property; (iv) all rentals and prices are quoted exclusive of VAT.
0115 924 3243 www.innes-england.com
