Available size - Unit 2B - 3,078 sq ft Rents - £18,000 per annum VAT - Applicable Service Charge - £1 per sq ft Plus buildings insurance budgeted for year 1 Business Rates - The VOA shows an RV of £7,700 Legal Fees - Both parties will be responsible for their own fees EPC - D (100) A single story unit which is predominantly open plan with welfare facilities provided and have ample natural light. Location Universal Court is a small private industrial estate in Radford an inner-city area of Nottingham, located just outside the city centre itself. Being just off Nottingham Ring Road, access is very easy from the M1, A52 and A46, with access to the North of the City via the Ring road to the A60 Mansfield, being approximately 2 miles away. The Unit and showroom are highly visible from the Radford Road and a popular area for out of City Centre retail space. Accommodation Unit 2B - 3,078 sq ft Open plan storage unit - all uses considered apart from Motor trade - mezzanine storage to first floor. 2 office rooms, kitchen and W/C. Services We are advised that all mains services are connected to the property with the exception of gas. These services have not been inspected or tested by the agent. Terms Offered for let on 3-year lease - with landlord anytime break clause after the initial 1st year, with 3 months prior notice. Rental - £18k per annum plus VAT. 3 months rent deposit Rent is payable quarterly in advance along with the service charge & landlords insurance. A service charge will be applicable for maintenance of shared areas within the building and car park. This is budgeted at £1psf plus landlord’s insurance for the first year.
Specifications
Lease length
3 years
Costs & rates
VAT
Exclusive
Total annual occupancy cost
Estimate only — confirm exact figures with the agent.
Rent
£18,000
VAT (20%, rent exclusive)
+ £3,600
Total per year
£21,600
≈ £1,800 / month≈ £7.02 / sq ft / year
Agent hasn’t listed rates or service charge — ask them below.