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Chetwynd Business Park, Chilwell, Nottingham, NG9 6RZ
12,264 to 14,141 Sq Ft / Industrial
Withdrawn - Last updated: 23 February 2021
The subject property comprises two elements, a two storey office and an industrial unit.
The office building is of steel frame construction with masonry elevations beneath a pitched tiled roof with aluminium framed double glazed window units. Internally the offices are predominantly open plan with WC facilities to both floors raised access floors, comfort cooling, suspended ceilings incorporating Category II lighting and an eight person passenger lift.
The industrial unit is of steel portal frame construction (single bay) with masonry and profile metal cladding to the elevations beneath a pitched profile metal clad roof with three loading doors. Internally the industrial unit incorporates laboratories, testing facilities, storage and mezzanine offices.
The offices and warehouse are connected by way of a two storey link building.
Location
The property is set within the established Chetwynd Business Park, which is situated approximately 6 miles south west of Nottingham city centre and approximately 3 miles south east of Junction 25 of the M1 motorway.
The district of Chilwell has excellent communications including regular bus and tram services to Nottingham city centre. Direct mainline rail services to London St Pancras are available from Long Eaton, Beeston or Nottingham stations.
Chetwynd Business Park is accessed via Swiney Way which links with the A6005 Nottingham Road, a main arterial route between Nottingham and Long Eaton.
Within walking distance of the property are a range of local amenities including West Point Shopping Centre and the Chilwell Retail Park.Accommodation
Availability
Freehold
| Demise | Sq ft | Sq m |
|---|
| Ground Floor Office (NIA) | 5,700 | 529.59 |
| First Floor Office (NIA) | 5,777 | 536.71 |
| Second Floor Store (NIA) | 787 | 73.08 |
| Total Offices (NIA) | 12,264 | 1,139.39 |
| Ground Floor Warehouse (NIA) | 8,542 | 793.6 |
| Warehouse Mezzanine (NIA) | 5,599 | 520.12 |
| Warehouse Total (NIA) | 14,141 | 1,313.72 |
Terms
We are instructed to seek offers in excess of £2,445,000 (two million four hundred and forty five thousand pounds), subject to contract and exclusive of VAT, for
the Freehold interest in the property. A purchase at this level would reflect a net initial yield of 8% after deducting purchaser’s costs of 8.52%.
Specification
Amenities
- Modern Office and Industrial sale and leaseback opportunity
- Built in 2006, the property comprises a 2-storey office of 1,139 sq m (12,264
sq ft) and industrial unit of 1,314 sq m (14,141 sq ft)
- Well established Business Park location 6 miles from Nottingham city centre
and 3 miles from Junction 25 of the M1
- Sale and leaseback to AECOM UK Ltd for 15 years
- £210,000 per annum exclusive, subject to 5-yearly upwards only open
market rent reviews
- Freehold
- EPC Rating D 86
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