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Unit 1, The Lace Mill, Wollaton Road, Beeston, NG9 2NN
£26000 pa, office * Tenant info

Let agreed

Key features

  • Two office units of 177 sq. m (1,910 sq. ft) and 165 sq. m (1,780 sq. ft)
  • Situated within the Grade II Listed Anglo Scotian Mills development in the heart of Beeston town centre
  • Close to Sainsburys supermarket and Beeston's excellent range of local amenities
  • Former Mill that has been tastefully converted to provide modern office accommodation
  • Offered to let on a new lease at £26,000 and £24,000 per annum on FRI terms or to purchase at £325,000 and £300,000 per annum
  • 2 on site parking spaces per unit with additional spaces available on contract nearby
  • Benefits from B1 office use - potential for alternative uses subject to planning
  • The EPC Rating is TBC

Property Description

The Lace Mill formed part of the first phase of the award winning development at Anglo Scotian Mills in the heart of the town centre. Anglo Scotian Mills was once the world's leading manufacturer of Lace curtains and Shetland shawls, now converted to provide apartments and offices. The Lace Mill and the surrounding development are Grade II Listed Buildings.

Two ground floor office suites situated within The Lace Mill, an imposing Grade II Listed former lace warehouse on the edge of Beeston town centre. The Lace Mill forms part of Gilbert & Hall's award winning redevelopment at Anglo Scotian Mills in the heart of Beeston town centre.

Unit 1 provides 177 sq. m (1,910 sq. ft) and Unit 2 provides 165 sq. m (1,780 sq. ft) totaling 344 sq. m (3,690 sq. ft).

The suites provide contemporary loft style accommodation with exposed brickwork and columns, double height ceilings and huge windows flooding the suites with an abundance of natural light. The suites are finished to a high standard with Category II light fittings, perimeter trunking, high quality floor coverings, a fitted kitchenette and male, female and disabled WC facilities. The suites are capable of being fitted out to provide either open plan or cellular style offices and there is sufficient floor to ceiling height for a mezzanine floor to provide ancillary storage.

There are 2 dedicated parking spaces available within the secure parking area at Anglo Scotian Mills for each suite with further additional spaces available on contract within the Derby Street car park situated nearby.

The Property
The Lace Mill provides attractive office accommodation finished to modern occupier requirements. These ground floor suites are split by a central entrance hall directly from Wollaton Road.

This provides a private, dedicated access for the commercial element of the building; the main access into the residential apartments is situated at the rear of the property, from Albion Street.

The suites are fitted out to provide contemporary "loft style" office accommodation, ideal for architects or other design or creative businesses or just for those people that love the character of old Mill buildings. The refurbishment enhances all the original features (exposed brickwork walls and columns, huge windows and double height ceilings) that combine with the benefits of modern technology. There are Category II light fittings, electric heating (with provision for comfort cooling if required), and a perimeter trunking system for voice, data and power distribution. The suite comes fitted with a kitchenette and male, female and disabled WC facilities.

Floor Areas
Suite 1: 177 sq. m (1,910 sq. ft)
Suite 2: 165 sq. m (1,780 sq. ft)
Total: 344 sq. m (3,690 sq. ft)

WCs
Each Unit has Male, female and disabled WCs.

Kitchenette
Each Unit contains a partitioned kitchenette area.

Parking
Two car parking spaces are provided for each Unit within the secure parking area at the Anglo Scotian Mills development (accessed via The Poplars entrance). In addition, we are informed that up to 15 additional car parking spaces can be provided on contract from Broxtowe Borough Council in their Derby Street car park, located a couple of minutes walk away from the property. Contract parking spaces are £250 per annum.

Terms
The accommodation is available to let as a whole on effective full repairing and insuring terms at rents of

Suite 1: £26,000 per annum exclusive (plus VAT)
Suite 2: £24,000 per annum exclusive (plus VAT)

The suites are also available to purchase on the basis of a virtual freehold (a 999 year ground lease) for:

Suite 1: £325,000 (plus VAT)
Suite 2: £300,000 (plus VAT)

Business Rates
The rates payable for 20-21 are as follows:

Unit 1: £7,735 approximately (the Rateable Value is £15,500)
Unit 2: £7,610 approximately (the Rateable Value is £15,250)

Service Charge
There is a service charge levied in connection with the general running and maintaining of the Lace Mill (covering buildings insurance, window cleaning, general repairs and maintenance of the exterior etc) estimated at about £1,675 per suite per annum.

Further Information and Viewings
For more information or to view the property, contact Dan Walker in our Commercial Property Department on Direct Line: 0115 968 3282 or by email at dan@cpwalker.co.uk. Viewing is by prior arrangement.

EPC Rating
The EPC Rating is TBC


"CP walker were my first choice as a letting agent as they were also the Estate agent I bought the property through several years ago. All of the staff were incredibly supportive then on what became a difficult and protracted purchasing process, so I was confident of excellent service on a landlord let arrangement. They very quickly found ideal tenants for my house last year and throughout the process offered great advice and support to both parties. Rex Walker in particular has been terrific and you couldn't want for a better advisor. I'd thoroughly recommend to all. [Let Only and now Managed Client of 2 years]"
Rick C

BEFORE YOU MOVE IN

This information is intended to inform prospective Tenants of fees they can expect to incur during a typical tenancy. Please read and understand this information carefully before deciding whether to apply for a property.

Fee Service Provided/Circumstances Required How calculated When payable
       
Application Fee Taking up references and a demonstration of your commitment £75 per person aged over 18 who would be living at the property On acceptance of your application
       
Set Up Fee Preparation of the Tenancy Agreement, Inventory/Schedule of Condition and deposit registration £150 per property At the start of the Tenancy
       
First Month’s Rent in Advance   As per asking rent At the start of the Tenancy before keys collected
       
Deposit To protect Landlord against damage or expenses caused by the Tenant during the Tenancy One month’s rent + £100 At the start of the Tenancy before keys collected

For a more detailed breakdown of our fees please click here