Description

Key features

  • Fantastic Investment Property
  • 4184 sqft for Ground floor Retail Units Collectively (refer to floorplan on brochure)
  • 10x First and Second Floor Flats
  • 3x Ground Floor Commercial Retail Units
  • Development Opportunity (Subject to planning permission)
  • Rented Commercial Retail Investment
  • Rented Accommodation – Residential Investment
  • Freehold Property
  • Prominant Corner Plot
  • Separate rear access to accommodation

Property description

RB Gates are pleased to present this fantastic opportunity to purchase this magnificent three-storey investment property comprising of three ground floor retail units (one of which is a triple corner unit) with ten flats above on floors one and two. The residential accommodation is accessed from the rear of the property via an access way off Belton Street.

The property benefits from excellent public transport links with a comprehensive bus network together with NET Tram stops at Nottingham High School and The Forest within walking distance. Local occupiers consist of a mixture of independent hot food takeaways, restaurants and retail premises.

Apartments Above
There are 10 Apartments above, each of which comprise of one bedroom, family bathroom, kitchen and lounge.

Location
The subject property is situated on the corner of the main Radford Road and Belton Street within Radford approximately 1.5 miles north west from Nottingham City Centre. The premises fronts onto Radford Road however access to the rear is given via Belton Street. The property is located nearby to both Nottingham Trent University and the University of Nottingham, 1.4 miles and 2.4 miles in distance respectively (Source Google Maps).

Business Rates
This is not the amount you will pay. For further information on Rates Payable and Small Business Rates Relief contact Nottingham City Council

340 Radford Rd – £9,400
342-344 Radford Rd – £18,000
346 Radford Rd – £8,000
348 Radford Rd – £3,850

Energy Performance Rating
A copy of the Energy Performance Certificate/s is/are available upon request or alternatively on the gov.uk website (

Legal Costs
Each Party will be responsible for their own legal costs incurred in this transaction

*Terms & Conditions Apply.
*Pease refer to Information Memorandum Property Sales Disclaimer

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Buyer’s Premium: Please note that a buyer’s premium of £5000.00 will apply when purchasing this property.
4. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
5. Services: Please note we have not tested the services or any of the equipment or appliances in this property and so accordingly we strongly advise prospective buyers to commission their own survey or service reports before then finalising their offer to purchase.
6. Disclaimer: These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither RB Gates Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
7. Confidential Information: You may download, store and use this material for your own personal use and research. You may NOT republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner’s express prior written consent. The website owner’s copyright must remain on all reproductions of material taken from this website
8. Free Valuation: Thinking of selling? We would be delighted to provide you with a free market appraisal/valuation of your business/property. Please contact RB Gates to arrange a mutually convenient appointment.

Property Documents

22AB302 - BROCHURE
22AB302 - Floorplan
  • Address Radford Road, Nottingham
  • City Nottingham
  • State/county Nottinghamshire
  • Zip/Postal Code NG7
  • Country UK

Details

  • Property ID: 22AB302
  • Price: £1,600,000/oto
  • Property Size: 4184 sq ft
  • Bedrooms: 10
  • Bathrooms: 10
  • Property Type: Commercial For Sale, Investment Property, Off Licence / Newsagents, Residential For Sale, Wholesale / Distribution
  • Property Status: For Sale

Contact Information

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These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither RB Gates Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property. Regulations: Any reference to alterations to,or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. Financial Crime: In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 and Proceeds of Crime Act 2002 RB Gates Ltd may be required to establish the identity and source of funds of all parties to property transactions.

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