8 Clinton Terrace Derby Road Nottingham NG7 1LY
0115 958 8599www.ng-cs.com
FOR SALE / TO LET
Development Site
0.85 acres (0.34 hectares)
Nottingham Road / Giltway Giltbrook Nottingham NG16 2RP
• Exceptional location
• Adjacent to the recently extended Giltbrook Retail Park anchored by Next, Ikea & BHS
• Adjacent to the newly constructed Giltbrook Industrial Park
8 Clinton Terrace Derby Road Nottingham NG7 1LY
Location The Giltbrook Industrial/Retail Park occupies one of the most sought-after locations in the Midlands. At Junction 26 of the M1, it is within half an hour’s drive time of the region’s major cities, offering access to a market of 1,207,423 people and a potential labour pool of 752,796 (source CAC Map info 2001 Census).
Destination Miles Time
M1, Junction 26 2 miles 5 minutes
Nottm City Centre 8 miles 15 minutes
Derby 17 miles 28 minutes
Mansfield 19 miles 25 minutes
Sheffield 40 miles 45 minutes
The development site prominently fronts Nottingham Road/Giltway, which in turn lies adjacent to the newly constructed 6,750 sq m (72,667 sq ft) Giltbrook Industrial Park.
Both sites adjoin Giltbrook Retail Park, where Phase 1 is anchored by Ikea, Next and Decathlon. Phase 2 is an extension of the retail park to provide a further 160,000 sq ft, 95% of which is pre-let to a number of household names including BHS, Laura Ashley, Comet, Mama & Papa’s and Carpetright.
Within the scheme there is a hub housing A3 units let to Frankie & Benny’s, Subway and Starbucks.
Development Proposals The 0.34 hectare (0.85 acre) site is generally level and is available for development, subject to planning. The site is presently accessed off Giltway.
The plan referred to in these details shows a 17,600 sq ft unit, and this is shown for indicative purposes only. Alternative forms of development will be considered.
Parlison Properties Ltd are currently formulating development proposals for the site and are willing to enter into negotiations with potential occupiers, with a view to creating a scheme for those companies attracted to the high profile nature of the site.
Indicative plans for a mixture of schemes are available on request.
Town & Country Planning The site is not allocated for any specific use on the Broxtowe Borough Council Town Plan, but was previously used for industrial and warehousing purposes.
Traffic Numbers Consultants representing Parlison Properties Ltd have calculated that the retail park alone will generate, when it is fully let, approximately 70,000 vehicle movements per week. Of those movements, 25% will access/egress via Nottingham Road and Giltway, driving directly past this site. This is in addition to the approx. 120,000 vehicular movements per week already passing the subject site along Nottingham Road.
The site therefore offers a potential occupier exceptional exposure.
Tenure The site is freehold.
Parlison Properties Ltd are prepared to enter into forward commitment negotiations with potential end users on a design & build basis.
Terms can be either on a leasehold or freehold basis of the unit for all or part of the site.
Alternatively, consideration may be given to an outright sale of the freehold site.
Price Offers are invited.
VAT All rents/sale prices quoted are exclusive of VAT if applicable. Prospective tenants are advised to seek independent advice with regard to VAT and the property.
0115 958 8599www.ng-cs.com
Legal Costs Each party will be responsible for their own legal costs incurred in documenting the transaction.
Viewing Strictly by prior appointment with the joint sole agents:
NG Nattrass Giles, 8 Clinton Terrace, Derby Road, Nottingham NG7 1LY
Contact: Nick Dunn
Direct Dial: 0115-989-7093
Fax: 0115-958-0257
Email: [email protected]
SUBJECT TO CONTRACT
OR Geo Hallam & Sons, 24 Regent Street, Nottingham NG1 5BQ Contact: Roger Davis
Telephone: 0115-958-0301
Fax: 0115-950-3108
Email: [email protected]
Ref: NCHD/SFT/6408
Date: 20.10.08
8 Clinton Terrace Derby Road Nottingham NG7 1LY
0115 958 8599www.ng-cs.com
PROPERTY MISDESCRIPTION ACT 1. All statements contained in these particulars as to this property are made without responsibility on part of NG Nattrass Giles, their joint agent or the Vendor or Lessors. All statements are made subject to contract and formno part of any contract or warranty. 2. These particulars have been prepared in good faith, to give a fair overall view of the property. If any points are particularly relevant to your interest in the property, please ask for furtherinformation and verification. These particulars are believed to be correct, but their accuracy is not guaranteed. 3. Nothing in these particulars shall be deemed to be a statement that the property is in good structural conditionor otherwise, nor that any services or appliances, equipment or facilities are in good working order. All information on the availability or service installations is based on the information supplied by the vendor or lessor.Prospective purchasers should satisfy themselves on such matters prior to the purchase. 4. The photograph/s depicts only certain parts of the property. It should not be assumed that any contents or furnishings, furnitureetc in the photograph are included within the sale. It should not be assumed that the property remains as displayed within the photographs. No assumption should be made with regard to parts of the property that have notbeen photographed. 5. All dimensions, distances and floor areas are approximate. Any plan areas and measurements shown are based upon the Modern Ordnance Survey Group Plans and there may be some discrepancywith the title deeds. The areas are given as a guide only. If such details are fundamental to a purchase, purchasers must rely on their own enquiries. 6. Descriptions of the property are subjective and are used in good faithas an opinion and not a statement of fact. Please make further specific enquiries to ensure that all descriptions are likely to match any expectations you may have of the property. 7. Information on Town and Country Planningmatters and Rating matters has been obtained by verbal enquiry only from the appropriate Local Authority. Prospective purchasers are recommended to obtain written verification thereof.
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