No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Skip to main content
Exterior.jpg
Interior photographs
Interior photographs
Offers in region of£1,045,000
Added > 14 days

1 bedroom property for sale

Prospect House, Latimer Way/Edison Rise, New Ollerton, Notts
Save
Property
1 bed
0 bath

Key information

Tenure: Ask agent
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

Prospect House comprises a modern two-storey block of offices with planning consent.

Phase 1 - Prospect House has planning consent for 17 Apartments
Phase 2 - The car park has planning consent for 2 blocks providing 26 Apartments

The Apartments vary in size from 53.2 sq.m. to a maximum of 78.2 sq.m.

The premises currently provide a floor area of 1266.75 sq.m. (13635 sq.ft.) and have the advantage of air-conditioning and a very large car park. The total site area is 1.582 acres.

Offers are sought in the region of £520,000 for Prospect House and £525,000 for new build Apartment Phase 2.

Location - Prospect House is situated on the junction of Edison Rise and Latimer Way forming the entrance to the Sherwood Energy Village which is developed with a mix of residential and commercial units. The Energy Village is situated between Ollerton Road, Back Lane/Wellow Road and off Forest Road which is one of the principal shopping thoroughfares in the village.

Ollerton is a large village serving a population of just under 10,000 and provides a wide range of facilities including a Tesco supermarket which is almost opposite the subject site, a wide range of shops including an Asda, schools and regular bus services to Nottingham and Worksop.

There is good road access via the A614 to the A1 to the North, and via the A6075 to the A1 at Tuxford to the north-east. There is also good road access to Junctions 30 and 31 of the M1 Motorway via the A57 and the A619 .

Description - Prospect House is an L-shaped building constructed of imitation stone blocks with cedar cladding under a mono pitched roof. The property was originally built for Risk Disk Limited who were subsequently acquired by Experian and they occupied the offices and car park for approximately 10 years or so.

The premises provide 13,635 sq ft of offices with kitchen, storerooms etc and have planning consent for 17 apartments in Phase 1.

Phase 2 of the planning consent includes the construction of an L-shape 3 storey block with 18 apartments and a separate two storey block with 8 apartments.

A copy of the Design and Access Statement and Newark & Sherwood District Council's Decision Notice are available from the Agents.

Services - Mains water, electricity and drainage are connected to the property.

Purchase Price - Offers are sought in the region of £520,000 for Prospect House and £525,000 for the new build Apartment Block B

Planning - Planning consent has been granted for:

Phase 1 - Prospect House Ground Floor: 5x 1 bedroom Apartments and 4x 2 bedroom Apartments; First Floor: 4x 1 bedroom Apartments and 4x 2 bedroom Apartments.

Phase 2 - Car Park: Construction of 2 blocks, one 3 storey high providing 18 Apartments and an attached 2 storey high block providing 8 Apartments.

Interior Photographs -

Property information from this agent

Places of interest

    Our firm has been in business since 1932, making us Ashfield's oldest estate agents. Over the years, we have built a reputation as a trustworthy and reliable property advice and services source. We offer various services related to buying, selling, renting, and providing property advice.  The firm was acquired by NJB Carnall FRICS in 1980, and THM Smith FRICS joined as a partner in 1995. WA Barnes LLP also works in association with Littlewood & Company of 7 Russell Place, Nottingham NG1 5HJ. We are proud to be one of the few Professionally Qualified Estate Agents firms in the North Nottinghamshire area. Our team of RICS Registered Valuers ensures that all the properties we sell are valued and marketed to the highest industry standards. As members of the Royal Institution of Chartered Surveyors, we assure our clients that our services meet the highest professional standards. We understand that buying or selling a property can be stressful and complex. That's why we always approach our clients with a friendly and customer-focused attitude. We believe in providing cost-effective solutions that meet our client's needs and requirements. We take pride in our reputation for fair dealing and transparency at W A Barnes LLP. We always strive to be our clients' first "port of call" for all their property needs. The practice specialises in residential, commercial & industrial , and agricultural properties: Sales, lettings and property management Building society, house buyer and private surveys Agricultural management Lease renewals, rent reviews, rating and planning appeals Act as independent experts on boundary disputes and other legal disputes Compulsory purchase, acquisitions and coal mining subsidence claims Land and property auctions Whether you are a buyer, seller, landlord, or tenant, we are here to help you with all your property-related needs. Our sales are arranged through both Private Treaty and Public Auctions, ensuring that our clients have access to the best possible options for their properties.

    See more properties like this:

    *DISCLAIMER

    Property reference 30826215. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by W A Barnes - Sutton-in-Ashfield.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on February 5, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on February 5, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.