Ground and basement let to Ferguson Interiors Ltd until 2020
City centre location on Derby Road (A610)
Nearby occupiers include The Strathdon Hotel, Flooring Trends, Welch Florists
and a number of other independent retailers
Six Week Completion
Lot 46
Auction 23rd May 2013
Rent £16,650 per Annum Exclusive
Status Withdrawn Prior
Price
Sector High Street Retail
Auction Venue The Dorchester Hotel Park Lane Entrance Mayfair London W1K 1QA
Property Information
Location
Miles
26 miles north of Leicester
37 miles south of Sheffield
Roads
A610, A6008, A6200
Rail
Nottingham Rail
Air
Nottingham Airport
Situation
The property is situated on the northern side of Derby Road (A610), one of the main arterial roads leading out of Nottingham city centre towards Junction 26 of the M1, close to its junction with Upper Parliament Street. Nearby occupiers include The Strathdon Hotel, Flooring Trends, Welch Florists, St Josephs School and a number of other independent retailers.
Tenure
Long Leasehold. Held for a term from completion until 9th September 2144 at a fixed grount rent of £1 p.a.
Location
Miles
26 miles north of Leicester
37 miles south of Sheffield
Roads
A610, A6008, A6200
Rail
Nottingham Rail
Air
Nottingham Airport
Situation
The property is situated on the northern side of Derby Road (A610), one of the main arterial roads leading out of Nottingham city centre towards Junction 26 of the M1, close to its junction with Upper Parliament Street. Nearby occupiers include The Strathdon Hotel, Flooring Trends, Welch Florists, St Josephs School and a number of other independent retailers.
Tenure
Long Leasehold. Held for a term from completion until 9th September 2144 at a fixed grount rent of £1 p.a.
Description
The property comprises a ground floor retail unit with basement storage accommodation.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor retail unit with basement storage accommodation.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews
Ground Lower Ground
Retail Retail/Storage
89.19 sq m 76.18 sq m
(960 sq ft) (820 sq ft)
FERGUSON INTERIORS LTD (1)
16 years 8 months from 02/02/2004 until 28/09/2020
£16,650
02/02/2013 and 3 yearly
Totals
165.37 sq m
(1,780 sq ft)
£16,650
(1) Ferguson Interiors Limited are one of the areas longest established kitchen specialists. They have been selling kitchens since 1975 in Nottingham and are still under the original ownership. (Source: www.fergusoninteriors.wix.com 25/04/2013)
Contacts
Associate Auctioneers
Fisher Hargreaves Proctor 10 Oxford Street Nottingham NG1 5BG
