Project Description

The subject premises are located in the centre of the established secure Park Lane Business centre in the district of Basford, 4 miles outside Nottingham and two miles from junction 26 of the M1.

The main glazed entrance door also has the benefit of a secure motorized roller shutter for additional security. The entrance hallway has a ladies / disabled washroom.

On the ground floor there is a  laboratory with tiled flooring, base units, electric power points, electric wall heaters and secure glazing to the front aspect. We are advised by the vendor that the base units can easily be removed providing additional open plan space. Downstairs there is a kitchenette and under stairs storage. To the rear of the unit there is  warehousing / storage with an electric secure roller shutter door to the rear yard. There is also a separate room previously used for washing down.

Upstairs there is a large open plan modern office suite with a glazed meeting room. There is a kitchenette area with a stainless steel sink unit. The specification of the unit includes heavy duty carpet tiles, phone and electric points, perimeter trunking, electric heaters, video intercom entry system and dual aspect modular glazing.

Externally there are seven car parking spaces.


Main Office Area    93m2    1001ft2
Lab and Stores    92m2    990ft2
Total    185m2    1991ft2
Approx. gross internal floor area

We understand the property has electricity, water and telephone lines connected

Tenure & Service Charge

Business Rates
The premises have a current rateable value of £13,500.

*Guide Price


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Viewing by Appointment

To view this property, please contact John Pye Property – – 0115 970 6060

Please click the following link to access the legal pack documents –


Park Lane Business Centre,
Park Lane,


✓ Investment opportunity
✓ Freehold
✓ Modern fully fitted hybrid unit
✓ Estimated rent £16,900 pa
✓ 10.5% gross yield
✓ 7 Parking spaces
✓ Suspended ceiling
✓ LG3 lighting
✓ Full fire alarm
✓ Perimeter trunking
✓ Cat V cabling
✓ Kitchenette to both floors


Chris Roper, MRICS
Phone: 0115 970 6060
Our Ref: PR042

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