164, Derby Road, Stapleford
Nottingham , NG9 7AY
Price: £575,000
Size: 5,965 ft² / 554.17 m²
Property Features
- Self-contained ground floor restaurant with two self-contained first floor office suites with dedicated car parking to the rear.
- Currently let for £36,900 per annum with the potential of £48,300 per annum once fully let.
- High quality internal specification with carpets, air-conditioning and double glazed windows to the first floor with a modern restaurant fit out to the ground floor.
Property Summary
The restaurant provides open plan dining accommodation together with commercial kitchen, bar servery, office, store and WC facilities. The offices provide an open plan office to the right with a partitioned open plan office to the left. Both benefit from kitchens and WC facilities.
The restaurant specification provides laminate floors, painted plaster walls, double glazed aluminium frontage and artificial lighting. The offices provide a good specification with carpeted floors, painted plaster walls, LED lighting, aluminum double glazed windows and air conditioning.
Externally there is a private car park to the rear with parking for approximately 12 vehicles.
Full Details
The property comprises a ground floor self contained restaurant and two self-contained first floor office suites within a modern building of brick elevations beneath a pitched roof with private car parking to the rear.
The restaurant provides open plan dining accommodation together with commercial kitchen, bar servery, office, store and WC facilities. The offices provide an open plan office to the right with a partitioned open plan office to the left. Both benefit from kitchens and WC facilities.
The restaurant specification provides laminate floors, painted plaster walls, double glazed aluminium frontage and artificial lighting. The offices provide a good specification with carpeted floors, painted plaster walls, LED lighting, aluminum double glazed windows and air conditioning.
Externally there is a private car park to the rear with parking for approximately 12 vehicles.
Location
Stapleford is a town and civil parish in the Borough of Broxtowe, Nottinghamshire approximately 6 miles west of Nottingham.
Road communications are good, the town lies upon the A52 trunk road and Junction 25 of the M1 Motorway.
Derby Road is a busy retail and commercial road throughout the town. The subject property occupies a good position on the west side of the road.
Planning
Use Class E.
Services
We understand, electricity, mains drainage, water and air-conditioning services are connected to the property.
VAT
VAT is applicable at the prevailing rate although it is anticipated that the property would be sold as a going concern (TOGC).
Lease Terms
The ground floor is currently let to Vivo Restaurant Limited for 10 years expiring November 2028 for £25,500 per annum exclusive.
One of the first floor office suites is let expiring April 2027 for £11,400 per annum exclusive.
The other first floor office is currently being marketed for £11,400 per annum exclusive.
If fully let the property would produce £48,300 per annum exclusive.
EPC
Ground floor restaurant - B (36) until July 2031.
Office suite A - C (60) valid until May 2035.
Office suite B - in preparation.
Legal Costs
Each party is to be responsible for their own legal costs associated with this transaction.
Key Details
Tenure: For Sale
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