This property is no longer on the market
Property
Property description & features
- Offices To Let
- 2,350 sq.ft (218) m.sq
- Modern Office Space
- Busy Town Centre Location
- A2 or B1 Planning Use
- Highly Accessible to A46 & A52
- Short Walk to Train Station
- Expanding Market Town
- 3 Car Parking Spaces
- Adjacent Public Car Park
Location - The property is situated on Union Street, adjacent to the public car park, occupying a highly accessible location with good foot fall and passing traffic in the town centre of Bingham. Union Street comprises a town centre location including; offices, shops and residential apartments with associated car parking. Bingham has an excellent range of National and Regional occupiers including Sainsburys Local, Co-op Superstore, Boots, a range of Hairdressers & Beauty Salon, Bingham Post Office, Yeung Sing Restaurant & Hotel, various coffee shops, Bars and Cafes, Handy Centre and a number of individually run shops.
Bingham occupies a strategic location just off the A46 and A52, two main arterial routes providing access to Nottingham, Leicester, Grantham, Newark and Lincoln. The A1 and M1 are also within easy reach. The town has become even more accessible and continues to expand and is currently seeing a large number of residential houses being built to the north of the town, creating further demand for the towns amenities.
Transport Links - Bingham lies reasonably centrally within the UK and is well placed for access to the A46 for commuting north to Newark (12 miles), Lincoln (30 miles) and south to Leicester (24 miles), Junction 21 of the M1 (30 miles), the A52 for commuting to Nottingham (8 miles) and Grantham (14 miles). The town has its own Railway Station with direct links to Nottingham and Grantham, with further connections to the East Coast Main Line to London Kings Cross. There are also regular bus services. East Midlands Airport is approximately 22 miles distant.
The Property - We are delighted to offer to the market this two storey, purpose built modern office building. The property is fitted out to a modern specification, with carpet tile flooring, freshly painted walls and suspended ceiling with recessed category 2 lighting. The offices are well laid out, have dado trunking for for phone and internet access and are fully alarmed. There is gas central heating. The property comprises 3 car parking spaces within the courtyard in Linley Court for exclusive off road car parking for the offices. there is also the added benefit of a large free Local Authority car park just next door.
The Accommodation - The net internal area at 218.32 sq.m (2,350 sq.ft). The property provides well thought out and laid out accommodation which is diverse, with a ground floor reception office fronting Union Street.
The ground floor comprises a reception office and two meeing rooms as well as a ladies/disable WC. The first floor comprises; 4 individual offices, 2 large open plan office areas and 2 further meeting rooms. There are male WC and Kitchen area. The internal specification of the offices is good with suspended ceiling and category 2 recess lighting or category 2 ceiling mounted lighting units, gas central heating and light airy space.
Ground Floor -
Reception Office - 5.22 x 5.99 (17'1" x 19'7") - With direct access onto Union Street and two large display windows.
Disabled/Ladies Wc - With disable WC, wash hand basin
Ground Floor Meeting Room - 3.46 x 5.39 (11'4" x 17'8") -
Ground Floor Interview Room - 2.37 x 4.12 (7'9" x 13'6") -
First Floor -
Open Plan Office - 5.42 x 8.73 (17'9" x 28'7") -
General Open Plan Office - 4.60 x 5.65 (15'1" x 18'6") -
Meeting Room - 5.41 x 3.49 (17'8" x 11'5") -
Interview Room - 2.41 x 4.13 (7'10" x 13'6") -
Individual Office 1 - 3.11 x 3.4 (10'2" x 11'1") -
Individual Office 2 - 2.8 x 3.4 (9'2" x 11'1") -
Individual Office 3 - 2.9 x 2.97 (9'6" x 9'8") -
Individual Office 4 - 2.9 x 2.98 (9'6" x 9'9") -
Kitchen - With a range of modern base units, single drainer sink unit and space for applicances.
Male Wc - With cloakroom and seperate cubicle with wc and wash hand basin
Car Parking - Access is available at the rear of the premises to Linley Court, where there are 3 marked Car parking Spaces for sole use of the occupants of the building. Linley Court is accessed off Long Acre. The property is also directly adjacent to a local authority Car Park, which has 2 hours free car parking. There is also a larger LA car park off Newgate Street, with free parking all day.
Lease Terms - The property is available by way of a new full repairing and insuring lease, with terms to be agreed.
Rent - The annual rent is £28,500 per annum.
Planning - The established use for the property is B1 (Office) use. Should any party require an alternative planning use, they must inquire directly to Rushcliffe Borough Council.
Services - The property is connected to mains water, gas, electricity and drainage. The property is heated by radiators from a gas boiler.
Service Charge - There is a service charge payable which covers a share of the fire alarm, sprinkler service, fire extinguisher service, window cleaning, external decoration and general external maintenance which is currently managed by the landlord. This is re-assessed annually, but has not significantly changed from year to year.
The service charge is £520 per quarter.
The building is insured by the landlord and recharged to the tenant at a cost of £570 per annum.
Business Rates - Rushcliffe Borough Council advised the current rateable value of the property is £20,750
The current multipliers stated on Rushcliffe Borough Councils website for 01 April 2020 to 31 March 2021 are:
Small Business multiplier 49.9p
Standard multiplier 51.2p
Vat - It is understood that VAT will be applicable to this transaction.
Legal Costs - Each Party to bear their own legal costs incurred with this transaction
Viewing - Strictly by appointment with the selling agents. For further information please contact Kirsty Keeton. All Covid-19 current health and safety policies will apply.
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