A mixed use, two storey dwelling, consisting of a ground floor retail office space with B1 Research and Development classification, having previously been A2 office space of circa 570 sq., with kitchenette and w.c. facilities and a first floor two bedroom maisonette of approximately 645 sq.ft. with private rear entrance. An ideal investment opportunity with a potential approximate income of £12,500 per annum. We highly recommend an internal viewing.
ROBERT ELLIS ARE DELIGHTED TO OFFER FOR SALE, WITH NO UPWARD CHAIN, THIS MIXED USE, TWO STOREY BUILDING, CONSISTING OF A GROUND FLOOR OFFICE SPACE OF APPROXIMATELY 570 SQ.FT WITH B1 RESEARCH AND DEVELOPMENT CLASSIFICATION, HAVING PREVIOUSLY BEEN USED AS A2 OFFICE SPACE.
The ground floor unit consists of an entrance lobby with dual lockable internal doors, opening out to an open plan office space with under-stairs storage facilities and access to a rear kitchenette and ground floor w.c., the whole having the benefit of internal sound-proofing.
The self-contained two bedroom maisonette has its own private rear entrance door to an internal hallway and staircase giving access to the first floor to the living space with far reaching views to the rear, separate kitchen, inner lobby, two bedrooms and a bathroom facility.
The retail space has the use of the communal parking area to the front (non-allocated,) and either the flat or office space has the use and benefit of a garage in a block to the rear.
The office space benefits from electric heating and a security alarm system and the roof covering was renewed earlier in 2020. Both properties are on individual water meters and power supplies.
Historically, the rents received for the two dwellings was £6,600 per annum (£550.00 pcm) for the ground floor unit, whilst the first floor two bedroom flat, previously achieved a rent of £495.00 pcm, approximately £6,000 per year, equating to an income for both properties of over £12,500 per annum.
Being sold with a renewed 800 year Lease for the dwelling, having started from the 25th December 2013 on a peppercorn ground rent.
We understand, due to the size of the ground floor office space, that business rate relief is applicable and it is not subject to v.a.t.
The dwelling itself is situated within a highly regarded generic residential location, with the flat potentially housing an in-house worker for the retail space downstairs or separately rented and for someone needing access to nearby shopping facilities within the towns of Stapleford, Beeston and Long Eaton, whilst also providing a convenient location close to nearby schooling if required and transport links such as the A52 for Nottingham and Derby, junction 25 of the M1 Motorway and the Nottingham Express Tram terminus situated at Bardill's roundabout.
Being sold as one Title, we believe the property would make an ideal investment opportunity and would highly recommend an internal viewing.
2.87 x 1.02 (9'4" x 3'4")
Main entrance, lockable aluminium glazed door, mains light and additional lockable panel and glazed window, door to:
9.53 x 5.39 (max) (31'3" x 17'8" (max))
Twelve ceiling mounted strip lights, two heaters, media and power points, window to the front with fitted blinds, useful under-stairs storage space with lighting. Door to
3.18 x 1.66 (10'5" x 5'5")
Base storage cupboards with roll top work surfaces over, incorporating 1½ bowl sink and drainer with mixer tap and tiled splashbacks, space for under-counter fridge, wall mounted water boiler, double glazed window and composite door to rear, strip lighting and door to:
1.5 x 1.05 (4'11" x 3'5")
Two piece suite comprising low flush w.c. and wash hand basin with tiled splashbacks. Double glazed window to the rear.
2.85 x 0.91 (9'4" x 2'11")
Composite entrance door, alarm control panel and stairs to the first floor
0.96 x 0.8 (3'1" x 2'7")
Panel and glazed door to:
6.3 x 3.62 (20'8" x 11'10")
Double glazed window to the rear with fitted blinds, offering far reaching views over the town towards the rolling countryside. Storage heater, loft access point and doors to lobby and kitchen.
3.58 x 1.73 (11'8" x 5'8")
The kitchen comprises a range of matching fitted base and wall storage cupboards with granite effect roll top worksurfaces. Single sink and drainer with central mixer tap and tiled splashbacks, inset four ring electric hob with extractor over and oven beneath, plumbing for washing machine, space for under-counter fridge, double glazed window to the rear with fitted blinds, again offering far reaching views and tiled splashbacks.
1.73 x 1.05 (5'8" x 3'5")
Doors to both bedrooms and bathroom. Airing cupboard housing the hot water cylinder.
4.61 x 2.74 (15'1" x 8'11")
Double glazed window to the front with fitted blinds, loft hatch, telephone point and storage heater.
3.95 x 2.67 (12'11" x 8'9")
Double glazed window to the front with fitted blinds, telephone point and plug-in heater.
2.33 x 1.75 (7'7" x 5'8")
Bath with shower screen and electric shower over, push-flush w.c. and wash hand basin. Partially tiled walls, mirror fronted wall mounted bathroom cabinet, Velux roof window and Dimplex fan heater.
Single garage with double opening doors to the front.
A DUAL PURPOSE GROUND FLOOR OFFICE SPACE WITH B1 RESEARCH AND DEVELOPMENT CLASSIFICATION AND A SELF-CONTAINED TWO BEDROOM FIRST FLOOR MAISONETTE