Project Description

Location
The subject property is located on the corner of Gaul Street and Latham Street in the district of Bulwell, Nottingham.

Bulwell was once a thriving industrial area,made up of similar industrial property. Over recent years the immediate vicinity has become primarily residential. To the right of the proprety there are Victorian style houses and to the left a mixture of new townhouses.

The building is just 0.3 miles from Bulwell town centre and its amenities with direct access to Nottingham city centre by either the regular bus or tram service which operates through the town.

In addition the M1 motorway linking London to the North is just a 5 minute drive away.

Description
The subject property is currently  a large Victorian industrial unit with a brick  construction. Internally, the inner divisions are predominantly stud walls.

There is also roof access providing the potential to create a large three storey development.

The property occupies what is a predominantly residential area and so it is expected that planning permisssion would be granted for residential conversion.

Accommodation
Ground floor     330m2    3,550 ft2
First floor     330m2    3,550 ft2
Total             660m2               7,100ft2
Approx. gross internal floor area.

Services
We understand the property has mains gas, 3 Phase electricity, water and drainage.

Planning
We expect planning consent for conversion to residential will be considered favourably by Nottingham City Council.   Purchasers should satisfy themselves of this by contacting Nottingham City Council.

Tenure
Freehold

Business Rates
The premises have a current Rateable Value of £7,000.

Asking Price
£195,000

VAT
To be confirmed.

Viewing
Please contact John Pye Property.
Email: property@johnpye.co.uk
Telephone: 0115 970 6060

Viewing by Appointment

To view this property, please contact John Pye Property – property@johnpye.co.uk – 0115 970 6060

Address

N.L. Pearson and Sons
29-33 Latham Street
Bulwell
NG6 8HS

Features

✓ Detached industrial unit
✓  Development opportunity
✓  Close to town centre
✓  Excellent transport links
✓  Freehold
✓  Brick construction
✓  Suitable for conversion to flats
✓  Predominantly open plan
✓  Two storey
✓  Potential for three storeys

Contact

Chris Roper MRICS
Phone: 0115 970 6060
Email: property@johnpye.co.uk
Our Ref: PR190