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    New Tythe Street, Long Eaton

    £325,000

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    Mortgage

    Estimated Monthly Mortgage Payment:
    £1,544 /mo.25 Years, 4% Interest
    Loan
    £292,500
    Total Repay
    £463,177

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    You’ll have to pay the stamp duty of:
    £5,750
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    2% from £150,000 to £250,000
    5% from £250,000 to £325,000
    Your effective stamp duty is 1.77%

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    New Tythe Street, Long Eaton

    £325,000

    Commercial

    Key Information

    Tenure:Not available
    Council tax band:Not available

    Key Features

    A commercial building approx 4000 sq.ft. in size
    Currently producing a rent of £15,750 p.a.
    Let on a lease to 'Im so good Ltd' until 31.12.26
    Two adjoining commercial units which are also currently for sale
    Situated on New Tythe Street which is an established mixed use area
    Reception with cloaks/w.c. off
    Hall providing access to a changing room, staff room, store and preparation room
    Main manufacturing kitchen with an office and two stores off
    Warehouse with a full height roller shutter door to the rear
    First floor open plan administrative office and a kitchenette and parking is provided for upto 10 vehicles

    Description

    A SELF CONTAINED COMMERCIAL BUILDING OF APPROX 4000 SQ.FT. IN SIZE WHICH PRODUCES AN ANNUAL RENT OF £15,750 P.A. – Being currently used as a food manufacturing unit, the building includes a reception area with a w.c. off, hall leading to a changing room, staff room, store and preparation area. There is a large kitchen where the food production takes place and this includes an office and two stores and there is the warehouse which has a roller door leading out to the rear of the building. There is a first floor open plan office with kitchen off, gas central heating is provided and there are several parking spaces in the adjoining car park. To view or obtain further information about this property contact the Long Eaton office of Robert Ellis.

    THIS IS THE LARGEST OF THREE COMMERCIAL UNITS WITHIN THIS SITE ON NEW TYTHE STREET LONG EATON. THE PROPERTY IS APPROX 4000 SQ.F.T IN SIZE AND PRODUCES AN ANNUAL RENT OF £15,750. THE PROPERTY IS LET TO 'I'M SO GOOD LTD' ON A LEASE WHICH RUNS TO 31.12.26.

    New Tythe Street is situated on the outskirts of Long Eaton town centre and this commercial property is let to a business which has been in occupation for approx. 4 years.

    The building is entered through a door from the adjoining car park with there being a full height roller shutter door to the warehouse which is at the rear of the building. The building is heated by an independent gas central heating system and includes a reception area, off which there is a w.c. and door taking you to the stairs to the first floor, a hallway and kitchen. From the hall there is a changing room, staff room and store and access is provided to a preparation area, from which there are two sets of double doors to the kitchen and warehouse which is positioned at the rear of the building. The kitchen has equipment and fittings and a walk-in fridge and freezer in the warehouse and these items are not included in the sale of the building. Outside, we have been informed there is parking provided for up to 10 vehicles.

    The property is only a few minutes walk away from Long Eaton town centre where there are Asda, Tesco, Lidl and Aldi stores as well as many other retail outlets, the well regarded Clifford Gym is located on Regent Street and the excellent transport links include junctions 24 and 25 of the M1, East Midlands Airport, stations at Long Eaton and East Midlands Parkway, the A52 and other main roads provide good access to Nottingham, Derby and other Midlands towns and cities.

    Reception Area
    Having doors leading to the kitchen, stairs to the first floor, ground floor w.c. and a changing room.

    Ground Floor w.c.
    Having a pedestal wash hand basin and two separate w.c. cubicles.

    Rear Hall

    Changing Room
    3.35m max x 2.44m approx (11' max x 8' approx)

    Store Room
    5.18m x 1.83m to 1.17m approx (17' x 6' to 3'10 ap
    There is a Worcester Bosch wall mounted boiler positioned in this room.

    Staff Room
    4.57m x 3.35m to 2.08m approx (15' x 11' to 6'10 a

    Preparation Area
    9.55m x 3.45m approx (31'4 x 11'4 approx)
    From this part of the building there is an external door leading out to the side of the property, a double glazed window to the side, two radiators, double doors leading to the kitchen and further double doors leading into the warehouse.

    Warehouse
    14.02m x 11.58m approx (46' x 38' approx)
    Roller door and pedestrian door leading out to the rear of the building, double doors to the kitchen, four radiators and within the warehouse area there is a purpose built walk-in freezer which will not be included in the sale of the property.

    Kitchen
    8.23m x 8.23m approx (27' x 27' approx)
    The kitchen has stainless steel panelling to one part of the wall with plastic panelling to the other walls, there are two sinks with stainless steel drainers which will remain in the building and the kitchen fittings and equipment you can see will be removed when the property is sold.

    Office

    Store Room 1

    Store Room 2
    There is a door leading back into the reception area from this storage room.

    First Floor
    9.73m to 6.71m x 3.45m approx (31'11 to 22' x 11'4
    The open plan office area at first floor level has security windows to both sides, the balustrade continues from the stairs into the office area and there are two radiators.

    Kitchen
    2.74m x 1.22m approx (9' x 4' approx)
    Having a sink with hot and cold water provided.

    Outside
    There is an external tap and parking for up to 10 vehicles provided in the car park.

    Directions
    Proceed out of Long Eaton along Waverley Street and at the traffic lights turn left onto Station Road. Turn right into New Tythe Street and the property is situated on the left hand side.
    8257AMMP

    Long Eaton Branch

    t: 0115 946 6946
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