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Retail Warehouse With Good Road Links, Discount Electrics, Duke Street, Huthwaite, NG17 2PB

23,999 Sq Ft / Industrial / Warehouse

For Sale - £350,000.00

Under Offer - Last updated: 20 September 2022

The premises comprises a former shoe manufacturing property constructed of brick under a part flat and part pitched tiled roof. The accommodation provides a basement, a loading bay, WCs, ground floor warehouse with a loading bay, workshops/stores, Gents and Ladies WCs, stores, offices, with further workshops, side entrance, stairs to first floor, offices, kitchen, WCs and workshops/stores.

Location

The subject premises are situated on Duke Street with a return frontage to King Street and to North Street. The subject property is close to local shops and bus stops with regular bus services to Huthwaite and to the centre of the large town of Sutton in Ashfield which is approximately a mile and three quarters to the east.

There is good road access from Sutton Road via Common Road and the A38 to Junction 28 of the M1 Motorway which is approximately two and half miles distance. Junction 28 of the M1 Motorway provides good access to most part of the country.

Accommodation

The accommodation consists of the following:‐

LOADING BAY 21'1" x 16'6" + 48'0" x 11'11" (6.43m x 5.03m + 14.65m x 3.65m )
With roller shutter door 3.4m wide x 4.19m high. Double door leading to the Lobby with lift (not currently working). Double doors to Workshop/Store.

WORKSHOP/STORE 65'2" x 87'3" + 62'1" x 20'10" (19.88m x 26.6m + 18.93m x 6.37m)
With 3.07m headroom. Lobby with doors to WC.

WC 18'6" x 11'11" + 6'5" x 3'6" (5.64m x 3.65m + 1.98m x 1.07m)
With three low level WCs, three wash hand basins, plumbing for a washing machine, terrazzo tiled floor.

GENTS WC 13'3" x 8'7" + 8'7" x 5'3" (4.06m x 2.62m + 2.62m x 1.61m)
With two low level WCs, two wash hand basins

STORE ROOM 18'3" x 14'3" (5.57m x 4.36m)

STORE 2 17'1" x 30'7" (5.22m x 9.33m)

STORE/OFFICE 17'2" x 18'1" (5.25m x 5.52m)

STORE CUPBOARD 4'3" x 18'5") (1.31m x 5.62m)

INNER HALL 5'8" x 2'7" (1.75m x 0.8m)

OFFICE/STORE 10'0" x 18'11" (3.05m x 5.78m)
With side entrance with double doors. Side stairs to first floor.

WORKSHOP 27'1" x 10'7" + 3'8" x 5'11" (8.27m x 3.25m + 1.12m x 1.82m)

SIDE ENTRANCE TO FIRST FLOOR
With second staircase leading to first floor.

FIRST FLOOR ‐ OFFICE 1 38'2" x 18'2" (11.65m x 5.54m)
With central heating radiator (central heating is disconnected).

CLOAKROOM
With WC, wash hand basin

OFFICE 2 9'1" x 9'10" (2.77m x 3.0m)

OFFICE 3 9'10" x 8'10" (3m x 2.7m)

KITCHEN 6'2" x 15'7" (1.89m x 4.77m)
With stainless steel sink unit (H&C) base unit below,

OFFICE 4 10'7" x 10'7" (3.24m x 3.24m)
With access to Office 5

OFFICE 5 11'3" x 14'0" max (3.43m x 4.27m max)

WC
With low level WC, wash hand basin

L‐SHAPED OFFICE 10'5" x 21'0" + 3'7" x 11'5" (3.2m x 6.42m + 1.1m x 3.5m)

FIRST FLOOR ‐ WORKSHOP/STORE 65'9" x 26'11" (20.05m x 8.21m)

TWO STORE ROOMS 8'11" x 15'7" (2.74m x 4.75m )

OFFICE 13'3" x 11'3" (4.06m x 3.44m)

LIFT (CURRENTLY NOT WORKING)

WORKSHOP 50'5" x 23'9" (15.39m x 7.24m)

STORE/WORKSHOP 37'5" x 13'8" + 55'3" x 89'7" (11.41m x 4.17m + 16.85m x 27.33m)
With Fire Exit

OUTSIDE
Immediately to the rear of the property is a pedestrian access which leads from King Street to North Street.

SUMMARY OF FLOOR AREAS
The premises provide:‐
Basement Store of 119.4 sq.m. (1,285 sq.ft.);
Ground Floor Workshop & WC's 1032.51 sq.m. (11114 sq.ft.);
First Floor Workshop and Offices 1077.68 sq.m. (11,600 sq.ft.).

Terms

SERVICES - All mains services are connected to the property but no tests have been undertaken to any of these installations. We understand that the central heating system is disconnected. The factory is in need of some refurbishment.

PRICE - £350,000

LOCAL AUTHORITY - Ashfield District Council

RATING ASSESSMENT - From our inspection of the Rating List on the internet we understand the property has a rateable of £18,500.

SPECIAL NOTE - The Vendors are prepared to consider selling the profitable business with the Freehold premises together with leased sales shop which is based in Market Street in Sutton in Ashfield. With a Turnover well in excess of £0.5M and a good profit. The Accounts are available for bonafide potential purchasers. PRICE TO BE AGREED.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £350,000.00 NA

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Fiona Froggatt

WA Barnes LLP

01623 240175



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