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    Toton Lane, Stapleford, Nottingham

    £280,000

    33
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    For further mortgage advice call TMC on 0115 647 3842.

    Mortgage

    Estimated Monthly Mortgage Payment:
    £1,330 /mo.25 Years, 4% Interest
    Loan
    £252,000
    Total Repay
    £399,045

    Commercial Stamp Duty

    You’ll have to pay the stamp duty of:
    £3,500
    0% up to £150,000
    2% from £150,000 to £250,000
    5% from £250,000 to £280,000
    Your effective stamp duty is 1.25%

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    Toton Lane, Stapleford, Nottingham

    £280,000

    Investment
    3 Bathrooms3 Receptions

    Key Information

    Tenure:Not available
    Council tax band:Not available

    Key Features

    Two storey freehold commercial investment
    Ground floor previously a bistro and coffee house offering approx 160sqm of internal space with vacant possession
    First floor studio/ office 56sqm
    High profile position
    Within town centre
    Ideal for business owner, occupiers or investors
    Purchase price subject to VAT
    Public car parking adjacent

    Description

    Freehold commercial investment opportunity with VACANT POSSESSION. The ground floor offering turn key restaurant/bistro opportunity with self contained commercial studio/office to the first floor.. Town centre location.

    A RARE AND EXCITING OPPORTUNITY HAS ARISEN TO PURCHASE A SUBSTANTIAL FREEHOLD COMMERCIAL WITH ACCOMMODATION OVER TWO FLOORS WITH VACANT POSSESSION.,

    This highly visible landmark property in the centre of Stapleford offers a fantastic opportunity for investors and business owners alike. To the ground floor there is approximately 160sqm of internal space operated, until recently a successful BISTRO and COFFEE HOUSE and prior to that a bistro style RESTUARANT with space for 50/60 covers and the benefit of an alcohol license. The ground floor offers a turn key restaurant or cafe business with a fully equipped commercial kitchen, as well as front of house counter.

    The ground floor could also be put to other uses and enjoys a prominent street position in the centre of Stapleford.

    To the first floor there is a self-contained studio currently let, the tenant leaving on 31st Dec. 2024 and therefore VACANT POSSESSION AVAILABLE. The studio shares the customer toilets located on the first floor and has independent access at street level. This space has great potential for a number of businesses including offices, consultancy rooms, beauticialns and has been prevoulsy used as a hairdressers.

    Whilst there is no designated car parking facility for the building, it is adjacent to a public car park and there is a larger car park on the opposite side of the road.
    Situated on a highly visible position, just of the Roach traffic lights on the gateway into Stapleford town centre. Stapleford is an up and coming small town with a variety of national and independent retailers and recently having the benefit of a Government Levelling Up Grant of £21.1 million. The town sits between the neighbouring cities of Nottingham and Derby linked by the A52 (Brian Clough Way).

    The property has been particularly well maintained and the ground floor is ready for immediate occupation. The freehold is for sale, and offers a projected letting income of £24,000. As well as offering a redvelopment opportunity. (Subject to planning)

    The purchase price is subject to VAT.

    ENTRANCE LOBBY
    Composite front entrance door with large double glazed window. Door leading to open plan space.

    OPEN PLAN SPACE
    10.77 x 13.68 overall (35'4" x 44'10" overall)
    A slightly irregular shaped room with some partitioning to provide for a front sitting and reception area with fireplace, full height double glazed windows and partially vaulted ceiling with twin roof windows. There is a larger seating area beyond this. To one side, there is the front of house and counter space with a range of waist level counters with storage under, larder fridges and chiller, inset stainless steel sink unit. Beyond this is access to the pot washing area. The side entrance lobby giving independent access to first floor accommodation and door from main space as this provides access to the public toilets.

    POT WASHING AREA
    1.66 x 3.52 (5'5" x 11'6")
    Stainless steel sink unit, door to walk-in store and door to rear.

    WALK-IN STORE
    3.57 x 2.14 reducing to 1.4 (11'8" x 7'0" reducing
    A rear corridor giving access to main space, door to commercial kitchen and access to bin store.

    GROUND FLOOR DISABLED CUSTOMER TOILET FACILITY
    Housing a low flush WC and wash hand basin.

    COMMERCIAL KITCHEN
    An irregular "L" shaped space with washing area (5.35 x 1.72) commercial stainless steel sink with drainer, commercial dishwasher and stainless steel splashback.

    MAIN KITCHEN
    7.45 x 7 at widest point (24'5" x 22'11" at widest
    Large 5m wide extraction canopy system with three commercial gas ovens and hobs, freestanding island unit with a hot cupboard and warming lamps. Further stainless steel prep areas, commercial refridgeration. Floor mounted Eco Dan air heat source pump for hot water.

    FIRST FLOOR LANDING
    Double glazed windows, access to fitness studio, as well as Ladies and Gents toilets, and office.

    OFFICE
    3.8 x 3.2 (12'5" x 10'5")
    Comms cabinet, double glazed window.

    LADIES REST ROOM
    1.64 x 2.64 (5'4" x 8'7")
    Hand wash area with vanity unit and wash hand basin, hand dryer and door to WC housing a low flush WC.

    GENTS REST ROOM
    2 x 2.64 (6'6" x 8'7")
    Urinal, wash hand basin and door to WC housing a low flush WC.

    OUTSIDE
    To the front there is a small pedestrianized forecourt with wrought iron railings to the pavement. There is an enclosed bin store and goods entrance with pedestrian access only.

    STUDIO
    Heated from a combination boiler which provides hot water and feeds the radiators. There is a single gas supply which is shared with the ground floor premises. Electricity is supplied to the property on a separate meter. There is a shared water supply with the ground floor, although a separate water discharge service is payable.

    STUDIO
    9.08 x 6.36 reducing to 5.54 (29'9" x 20'10" reduc
    Large open plan space with natural light and double glazed windows.

    KITCHEN
    Stainless steel sink unit with single drainer and cupboard under, work surfacing, wall mounted gas combination boiler, double glazed window.

    SERVICES
    All services are connected to the property. The ground floor benefits from air conditioning and there is an integrated PA and sound system. There is also an integrated fire alarm system. Burglar alarm fitted and CCTV cameras.

    RATEABLE VALUE
    The rateable value for the ground floor restaurant is £14,500. The rateable value for the first floor studio is £3,850.

    A RARE AND EXCITING OPPORTUNITY HAS ARISEN TO PURCHASE A SUBSTANTIAL FREEHOLD COMMERCIAL BUILDING WITH VACANT POSSESSION.

    Stapleford Branch

    t: 0115 949 6740
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