Substantial detached commercial property with residential development potential (subject to Planning Permission).
The property is located in a prominent position on the corner of Coventry Road and Bulwell High Road just off Bulwell town centre. Bulwell itself is a market town approximately 4 miles to the north west of Nottingham city centre with a resident population of approximately 30,000 people. Well known National multiples are represented in the town centre including Wilkinsons, Boots and Farmfoods, as well as numerous individual local operators.
Immediately surrounding the property is the Bulwell Police Station, the Gilead Street Council Car Park and a vacant Nottingham Homes Office building.
The property comprises a two storey detached building which has been altered and extended a number of times over the years and strengthened to the exterior walls and concrete roof to provide safe secure storage for a previous Fireworks business. It is currently divided into office/storage/retail space with numerous individual entrances. At the rear of the property there is a small car park providing parking for approximately 10 cars.
From measurements taken on site, we calculate the property has the following gross internal floor area, measured in accordance with the RICS Code of Measuring Practice:-
Ground Floor248 sq. M (2669 sq.ft.)
First Floor248 sq. M (2669 sq. Ft.)
Total Areas496 sq. M (5338 sq. Ft.)
Interested parties should contact Nottingham City Council Planning Department to confirm the current Planning Consent for the property and also regarding any proposed use for the property.
The property has four separate assessments within the Valuation List which are as follows:-
300 Coventry Road (Store and Premises)- Rateable Value £3,200
308 & First Floor 304 Coventry Road (Store & Premises)- Rateable Value £5,600
310-312 & 316-318 Coventry Road (Store & Premises)- Rateable Value £3,900
314 Coventry Road (Office & Premises)- Rateable Value £4,450
Freehold with vacant possession.
Offers are invited at a price in excess of £300,000.
VAT will be payable on the purchase price unless the sale qualifies as a TOGC or the purchaser is able to certify that they are using part or whole of the property as a dwelling after conversion.
Energy Performance Certificate
A copy of the Energy Performance Certificate is available upon request.
Each party to be responsible for their own legal costs incurred in the transaction.
By arrangement with Marriotts. Telephone: 0115 911 5454
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