The property comprises a substantial brick built building arranged over ground, first and second floors, the main proportion of which is of an attractive early 20th century construction, with later additions.
The accommodation is configured to provide ground floor retail units and consulting rooms, together with a hairdressing salon on the upper floors.
The property benefits from an extensive car park to the front accessed off both Victoria Embankment and Fraser Road, to the rear.
Location
Location - Nottingham is ideally located in the heart of England with excellent transport links, rapid access to the motorway system, a major railway station and a comprehensive public transport network. The city lies approximately 128 miles (206 km) north of London, 51 miles (82 km) north east of Birmingham and 73 miles (118 km) south of Leeds. Road communications are excellent with the M1 providing routes to the north and south and the A50 giving a direct link to Derby and the west. The train station located to the south of the city centre provides direct trains to London St Pancras International Train Station taking approximately 1 hour and 45 minutes.
Nottingham has a population of approximately 305,680 (2011 Census), with an average of over 60,000 full time students studying across two universities. The local economy employs more that 300,000 people, and is growing at a faster rate than regionally or nationally and is also one of the UK’s top ten retail centres.
Situation - Prominent gateway location with extensive linear frontage at the junction of Arkwright Street/London Road (A60) and Victoria Embankment and within walking distance of West Bridgford, one of the most sought after residential suburbs of Nottingham, NFFC Stadium and Trent Bridge. Neighbouring occupiers include The Embankment and The Riverbank Bar & Kitchen.
Accommodation
Unit 286 & 288 Arkwright Street (Part) & 1 Victoria Embankment:
No 286 - 723 sq ft
No 288 B - 656 sq ft
1 & 3 Victoria Embankment - 1,317 sq ft
1st & 2nd Floor - 5,077 sq ft
Garage - 300 sq ft
TOTAL - 8,073 sq ft (750 sq m)
288 Arkwright Street (Part):
No 288 (Part) - 500 sq ft
No 288 (Part) - 95 sq ft
TOTAL 8,668 sq ft (805.29 sq m)
The site provides an area of approximately 0.151 hectares (0.372 acres).
Terms
Tenure - The property is held freehold.
EPC - The property has EPC Ratings of D, E and G.
VAT - VAT is not applicable.
Proposal - Offers are sought in excess of £XXX (One Million Three Hundred & Fifty Thousand Pounds).
Specification
- Prominent gateway location with extensive linear frontage, at the junction of Arkwright Street/London Road (A60) and Victoria Embankment.
- Within walking distance of West Bridgford, one of the most sought after residential suburbs of Nottingham, NFFC Stadium and Trent Bridge.
- Comprising a mixed use retail building arranged over ground, first and second floors, extending in total to approximately 8,668 sq ft (805.29 sq m) on a site extending to 0.151 hectares (0.372 acres) with the benefit of onsite car parking.
- Current passing rental £XXX per annum, with potential reversionary uplift.
- Freehold.
- Redevelopment potential subject to planning permission.
- Offers are sought in excess of £XXX (One Million Three Hundred & Fifty Thousand Pounds).