Commercial Property for rent in Union Street, Bingham, Nottingham
We are delighted to offer to the market this two storey, purpose built office/retail building comprising 1173 sq.ft (108 m.sq). The property is fitted out to a modern specification, with carpet flooring, freshly painted walls and suspended ceiling with recessed category 2 lighting. The premises are well laid out, with a ground floor retail frontage onto the busy Union Street with a large reception area to the front and disabled WC with further space to the rear and on the first floor there is a large area comprising further office space with kitchen and toilet. The property is fitted out to a high specification with phone and internet access and the premises are fully alarmed. There is gas c... Read more
We are delighted to offer to the market this two storey, purpose built office/retail building comprising 1173 sq.ft (108 m.sq). The property is fitted out to a modern specification, with carpet flooring, freshly painted walls and suspended ceiling with recessed category 2 lighting. The premises are well laid out, with a ground floor retail frontage onto the busy Union Street with a large reception area to the front and disabled WC with further space to the rear and on the first floor there is a large area comprising further office space with kitchen and toilet. The property is fitted out to a high specification with phone and internet access and the premises are fully alarmed. There is gas central heating throughout the building and the property comprises car parking spaces within the courtyard of Linley Court for exclusive off road car parking and there is also the added benefit of a large free Local Authority car park just next door.
This property has an Energy Performance Rating of B.
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 Sainsbury's 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 town's 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 retail/office building. The property is fitted out to a modern specification, with carpet flooring, freshly painted walls and suspended ceiling with recessed category 2 lighting. The retail/offices are well laid out, have 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 108 m.sq (1173 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 area/retail space and 2 meeting rooms as well as a ladies/disable WC. The first floor comprises 2 individual offices, a meeting room and an interview room. 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/Retail Area - 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 -
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") -
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 Locaul Authority 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 £16,500 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, 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 will need to be reassessed accurately, but will be between £300-£350 per quarter approximately.
The building is insured by the landlord and recharged to the tenant at a cost of approximately £350 per annum.
Business Rates - The property will be reassessed for business rates due to current alterations.
Any interested parties should contact Rushcliffe Borough Council or the Valuation Office Agency.
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.
The data provided here is based on local property price changes as provided by Land Registry and do not take into consideration improvements made to the property or current local market trends. These are not to be relied on for property sale. We strongly recommend you to book a valuation with your local property expert for a professional valuation of your property.
Your valuation of ### is based on the current housing price trends of the ### area.
The value has ### by ### since it was last sold on ### for ###.
No sale information is available on this property, so the valuation is based on the nearby sales of similar properties.
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Terms and Conditions
These are the terms and conditions on which we supply our online property e-valuation tool to you. Please read these terms carefully before you submit details of a property to us as doing so will form a contract between us based strictly on these terms and conditions. All use of our e-valuation tool is strictly subject to these terms and conditions.
By accepting these terms and conditions you understand that you will be contacted to discuss the online valuation provided.
These terms tell you who we are, how we will provide our property e-valuation tool to you, how you and we may change or end the contract, what to do if there is a problem and other important information. If you think there is a mistake in these terms, please contact us to discuss.
1. Information about us and how to contact us
Who we are.
2. Our property e-valuation tool
What is our property e-valuation tool? Our property e-valuation tool provides you with an estimate valuation of the property based on the details of the property you provide. Our property e-valuation tool uses these details and compares them to publicly available data relating to property characteristics and sales in your area to provide you with an estimate value for that property.
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Making sure the details you provide are accurate. Our property e-valuation tool is providing you with a valuation based on the information you have given us about a property including property address, number of bedrooms etc. You are responsible for ensuring this information is correct, accurate and up to date.
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Our property e-valuation tool is a guide only. By making available our property e-valuation tool to you, we are not providing you with estate agency services. Please be aware the valuations provided by our property e-valuation tool are estimates and not formal valuations of the property. The valuation is based on publicly available information which may be inaccurate and/or incomplete. The estimates may also be based on assumptions and typical factors or trends in certain areas and/or in relation to certain types of property. The valuation is intended to be of general interest and provide you with a useful guide to the likely value of a property and this valuation should be supplemented by you with additional research, professional advice and a market appraisal. We are not supplying you with advice or recommendations. If you are thinking about selling your property, please arrange for a formal valuation of your property by following the link provided to book a market appraisal with an estate agent. If you click this link, you agree to us storing, processing and sharing your personal data (including your name and email address) with our affiliated professionals to facilitate the provision of such market appraisal. We shall not be liable for any losses suffered as a result of relying on valuations provided by our property e-valuation tool.
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(a) to reflect changes in relevant laws and regulatory requirements; and
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These changes may mean our property e-valuation tool is temporarily unavailable.
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Where we can, we will endeavour to let you know if any of these events occur via an error message when using our property e-valuation tool. As we do not gather your contact details before you use our property e-valuation tool, we will not be able to contact you in advance to tell you we will be suspending supply of our property e-valuation tool.
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(a) to supply our property e-valuation tool to you; and
(b) to give you information about our estate agencies services we provide (but you may stop receiving this at any time by contacting us).
We do not collect and/or retain the information about the property you submit to our property e-valuation tool. However, the information, data and property details you submit to our property e-valuation tool will be considered non-confidential and non-proprietary.
3. Your rights as a consumer
For most online services you have a legal right under Consumer Contracts Regulations 2013 to change your mind about entering into the contract within 14 days of ordering the services.
However, as our property e-valuation tool provides you with the requested valuation for a property almost immediately after you submit the property details and agree to these terms and conditions, the contract between us for the provision to you of our services ends almost immediately after it has been entered into. This means there is not time for you to exercise your rights to cancel this contract.
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(b) If a court finds part of this contract illegal, the rest will continue in force. Each of the paragraphs of these terms operates separately. If any court or relevant authority decides any of them are unlawful, the remaining paragraphs will remain in full force and effect.
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(d) Which laws apply to this contract and where you may bring legal proceedings. These terms are governed by English law and you can bring legal proceedings in respect of our property e-valuation tool in the English courts. If you live in Scotland you can bring legal proceedings in respect of our property e-valuation tool in either the Scottish or the English courts. If you live in Northern Ireland you can bring legal proceedings in respect of our property e-valuation tool in either the Northern Irish or the English courts.
(e) The Property Ombudsman’s alternative dispute resolution service. Alternative dispute resolution is a process where an independent body, such as The Property Ombudsman considers the facts of a dispute and seeks to resolve it, without you having to go to court. If you are not happy with how we have handled any complaint, you may want to contact The Property Ombudsman. You can submit a complaint to The Property Ombudsman via their website at www.tpos.co.uk. The Property Ombudsman will not charge you for making a complaint and if you are not satisfied with the outcome you can still bring legal proceedings. In addition, please note that disputes may be submitted for online resolution to the European Commission Online Dispute Resolution platform.
Our online valuations are estimated based on information available via the public Land Registry data, and should therefore be used as guidance only. This valuation does not take into consideration the current condition of the property or any improvements made since its last sale. Valuations for properties that were last sold before January 1995 will have an estimation based on neighbouring sales.