per annumm £20,000 For Sale | Eldon Chambers, Wheller Gate

LOCATION

The property is located at the head of a quiet courtyard off the western side of Wheeler Gate close to the Old Market Square in Nottingham city centre. The offices are approached through a vehicular archway entrance adjacent to Spec Savers and Café Nero and adjoin a number of period office and restaurant buildings, each having off-street parking within Eldon Chambers.

DESCRIPTION

The property comprises a substantial three storey period office building of brick construction under a pitched slate covered roof which are available by way of a new lease either as a whole or in part.
The ground floor offices previously occupied by The Dyslexia Institute are approached through timber doors directly off Eldon Chambers leading to a ground floor entrance lobby, with four offices on ground floor. The first floor accommodation comprises three further former classrooms or offices, a store room, kitchen and WC. There are three further offices on the second floor and there is potential for additional first floor offices within the adjacent modern offices occupied by Hedleys Solicitors at 5 Eldon Chambers which provides a further 434 sq. ft. arranged in three further offices which are approached off the first floor landing.
Externally the property has the benefit of one off-street car parking space.

ACCOMMODATION

Ground Floor
Entrance lobby
Office 1 11.19 sq. m. 120 sq. ft.
Office 2 (two steps down) 14.87 sq. m. 160 sq. ft.
Office 3 12.77 sq. m. 137 sq. ft.
End Office 4 16.32 sq. m. 175 sq. ft.
Internal staircase leading to :-
First Floor
Office 5 21.69 sq. m. 234 sq. ft.
Office 6 12.32 sq. m. 133 sq. ft.

Office 7 17.37 sq. m. 187 sq. ft.
Store room 6.5 sq. m. 70 sq. ft.
Kitchen and WC
Second Floor
Office 7 17.1 sq. m. 184 sq. ft.
Office 8 25 sq. m. 270 sq. ft.
Office 9 28.4 sq. m. 306 sq. ft.


Total 183.5 sq. m. 1,976 sq. ft.
Additional Accommodation
The landlords are able to offer four further offices within the adjacent 6 Eldon Chambers, with access from the first floor landing :-
Offices 40.37 sq. m. 434 sq. ft.
Outside
One car parking space.

PRICE

Offers invited for the freehold interest of 5 Eldon Chambers in excess of £250,000.

LEASE

The property is offered to let by way of a new full repairing and insuring lease for a term of years to be agreed with appropriate upward only rent reviews.

RENT

5 Eldon Chambers
£20,000 per annum exclusive.
To include additional first floor within 6 Eldon Chambers - £22,500 per annum exclusive.

SERVICES

The tenant will reimburse the landlord with a proportion of the cost incurred by the landlord in paying for annual property insurance premium, electricity and water charges.

RATES

Payable by the tenant.
Offices and Premises - 5 Eldon Chambers - Rateable Value: £7,900.

LEGAL COSTS

The tenant will be responsible for the payment of the landlord's legal costs incurred in preparing the new lease.

VIEWING

By arrangement with the agents, Spencer Birch, Chartered Surveyors, 8 Clarendon Street, Nottingham. NG1 5HQ. Telephone Number: Karen Byars. Telephone Number: 0115 9644238.
Date: January 2010.

PROPERTY MISDESCRIPTIONS ACT 1991
All statements contained in these particulars are believed to be correct but their accuracy is not guaranteed nor do they form part of any contract or warranty. Unless specified to the contrary interested parties should note the following;
1. All dimensions, distances and floor areas are approximate.
2. Any information given on Town and Country Planning matters and Rating matters has been obtained by verbal enquiry only from the appropriate Local Authority. Interested parties are recommended to obtain written verification thereof.
3. Any information on tenure or tenancies, etc, has been provided to us in good faith by the vendor/lessor of the property. Prospective purchasers/lessees are strongly recommended to have this information verified by their solicitors or other advisers.
4. All information on the availability of mains services is based on information supplied by the vendor or lessor. Statements regarding service installations do not warrant their condition or serviceability.
GENERAL
1. The issuing of these particulars does not constitute an offer or a contract.
2. The property is offered subject to contract and it still being available at the time of enquiry.
3. No responsibility can be accepted for any loss or expense incurred in viewing.
4. These particulars are issued on the distinct understanding that all negotiations are conducted through Spencer Birch.

This footer paragraph is an example only and should not be relied upon as complying with current legislation. These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.