Office to let

City Centre office TO LET
£25,000 per annum plus VAT and Service Charges
Available immediately
Available Size - 2,500 sq ft
Rent - £25,000 per annum - see terms for rental increases
Rateable Value - £19,000
Service Charge - £7,388 pa
VAT - Applicable
Legal Fees - Each party to bear their own costs
EPC Rating - D (95)
The office accommodation is accessed via a ground floor reception on Heathcoat Street as well as a glazed atrium to the rear. Benefitting from a passenger lift, providing access to all 3 floors in addition to a central spiral staircase. They are fitted out to a high standard, with suspended ceilings, perimeter trunking, fully carpeted floors, kitchenette and WC facilities.
Location - Well positioned in the City Centre close to the main Market Square, the property has good pedestrian access being within walking distance to the main bus station at the Broad Marsh Centre and approximately a 5 minute walk from Nottingham Train station. Nottingham is well positioned within the Midlands, with an estimated population of circa 280,000, the City can be accessed from 3 exits from the M1 (J24 in the South Via the newly built dual carriageway A453, J25 via the A52 at Derby, and J26 Via the A610 to the North) The A453 junction to the South of the City leads to Kegworth and Castle Donington, ideal for Nottingham East Midlands airport and Donington Race track.
Terms - Offered for let on a new 5 year fully repairing and insuring lease with a 3 year break - The rent will be £25,000 Plus VAT per annum - Year 1 - increasing to £30k over with yearly £1k increments. A deposit equal to 3-month rent will be required along will a contribution to the Buildings Insurance arranged by the Landlord. Rent is paid quarterly in advance in addition to a service charge with the budget available upon request.
Services - We are advised that all mains' services are connected to the property. These services have not been inspected or tested by the agent.
Service Charge - A service charge will be applied towards the upkeep of the communal areas and lift maintenance. Further information will be provided to interested parties.