Industrial Unit For Sale Nottingham
PROPERTY ID: 115401
PROPERTY TYPE
Industrial Unit
STATUS
Under Offer
SIZE
5,927 sq.ft
Key Features
Property Details
Lee House is situated fronting onto both Alpine Street and Church Street in the Old Basford area of Nottingham. It stands within a mix of surrounding uses including residential, commercial and industrial. The property is situated a short distance north of Western Boulevard which forms part of the A6514 Nottingham ring road. There are good transport links in and around the area including into the city centre which is approximately two miles due south east. Nottingham is one of the principal commercial centres within the East Midlands region, situated five miles to the south east of junction 26 and seven miles to the north east of junction 25 of the M1 motorway. Other nearby commercial centres include Derby 15 miles to the west, Leicester 30 miles to the south and Birmingham 55 miles to the south west. The city relies on a range of industries including retail, banking, insurance, health and education, pharmaceuticals, textiles, food and drink.
Lee House Comprises A Split Level Former Lace Factory Constructed Of Solid Brick Elevations. It Is Split Up Over Two Floors In A Cellular Fashion Providing A Number Of Warehouse And Production Areas As Well As Office Space. The Property Is Located In An Area Where There Has Been A Number Of Conversions Of Commercial Buildings To Residential Use And Being So Prominently Situated In A Busy Location It Is Considered There Is Significant Potential For The Building. The Property Would Suit Another Owner Occupier Or Alternatively It Is Considered The Building Could Be Converted Or Redeveloped To Provide A Residential Scheme Similar To Other Conversions Within The Locality Subject To Planning. In Addition The Site Benefits From 5 Car Parking Spaces.