1 bed property for sale in 106 Chilwell Road, Beeston NG9, £175,000

175,000.00

Offer Nr.:
65349607
Type of ad:
for Sale
Property type:
1 bed property
Bedrooms:
1
Bathrooms:
2
Contact name:
CP Walker
Phone(s):
0115 774 8852

* Freehold
* A mixed use property investment (retail shop with 1 bed studio flat over)
* Retail unit being sold with vacant possession
* Situated within the popular Chilwell High Road area of Beeston
* Flat being sold subject to tenancy at £500 pcm / £6000 pa
* Offers invited in the region of £175. 000
* Shop EPC C: 71. Flat EPC E: 49
Back on the market following an abortive sale: Ground floor retail unit of
38. 0 sq. M (409 sq. Ft) with vacant possession. There is a one bedroom studio
flat situated on first floors over let at £500 pcm.
The property is situated on Chilwell High Road close to the Chilwell Road tram
stop. "Chilwell High Road" is a well established part of Beeston town centre
with an eclectic selection of independent traders including arts and craft
retailers, hair salons, neighbourhood retailers as well as take aways,
restaurants and drinking establishments.
To view or for more details contact CP Walker & Son
commercial - property
**Location**
Beeston is a busy suburban centre situated 4 miles to the west of Nottingham
City Centre. The Greater Nottingham Shopping Survey Beeston as the largest
centre for the sale of comparison goods outside Nottingham City Centre and the
most significant centre for main food trips in South Nottinghamshire. The
Survey concluded that the success of the town centre was based on an
attractive pedestrianised shopping environment and the abundance of parking
facilities
The property is situated on Chilwell Road, part of the linear shopping area
running along Chilwell Road, Beeston and High Road, Chilwell colloquially
known as Chilwell High Road. The area has an interesting mix of specialist and
neighbourhood retailers servicing the surrounding housing area and further
afield.
The Tram service runs along Chilwell road with a stop very close to the
property. There are Council car parks adjacent to the Chilwell Road Methodist
Church and to the front of the Co - op Convenience store both within a short
walk of the property. This provides free parking for shoppers for the first
hour with nominal charges for one to three hour parking.
**The Property**
A centre terrace property providing retail accommodation on the ground floor
with a 1 bed / studio style residential flat over. The retail unit is accessed
from the front and there is a rear access to a small yard with garage / stores
building at the rear for additional storage. The flat is accessed via the rear
yard.
The ground floor shop is being sold with vacant possession. The first floor
flat is being sold subject to a tenancy.
The Floor Plans show the general layout of the shop and flat.
**Retail Unit (8. 29m x 3. 50m)**
An open retail area to the front with half wall erected within the unit
providing a part partitioned rear area. This can be removed if so required so
the unit can be opened up to create a large shop area.
**Rear Shop Area (4. 41m x 3. 48m)**
Rear ancillary area providing storage and kitchenette. Rear access to yard and
external storage unit. WC accommodation off.
**WC**
Internal WC with wash hand basin.
**External Store To Rear (3. 04m x 5. 50m)**
A garage type building providing additional storage.
**Retail Unit Floor Areas**
Front Sales Area: 26. 8 sq. M (289 sq. Ft)
Rear Ancillary Area: 11. 1 sq. M (120 sq. Ft)
Total NIA: 38. 0 sq. M (409 sq. Ft)
Rear External Store: 16. 7 sq. M (180 sq. ft)
**Residential Flat**
A modern first floor studio style flat with entrance hall; modern good sized
kitchen/diner with electric oven and hob; Shower room with w/c and
lounge/bedroom to the front. Electric heating.
**Bedroom / Living**
Situated to the front of the property. Electric radiant heater.
**Kitchen**
Modern fitted dining kitchen with electric oven and hob, sink
**Shower Room**
Situated to the rear of the property, electric shower, WC and wash hand basin
**Tenancies**
The Shop is being sold with vacant possession. The Flat is let by way of a 12
month renewal tenancy from 20 August 2022 at a rent of £500 per calendar
month. The tenant has been living in the property since August 2020.
**Use**
Retail unit: Class E (includes but not limited to retail, sale of food and
drink for consumption (mostly) on the premises, financial and professional
services, offices and light industrial uses). Flat: Class C3 residential use
**Terms**
The property is offered for sale with vacant possession of the shop and
subject to the tenancy of the flat at £175, 000. There is no VAT chargeable on
the sale. Offers are invited by 12 noon on Wednesday 17th May 2023.
**Closing Date For Offers**
1\. Receipt of Offers - Offers are to be in writing, marked "Private and
Confidential", and received either at CP Walker & Son's office (107 High Road,
Beeston, Nottingham, NG9 2JU) or by email to by no later than 12: 00 noon on
Wednesday 17th May 2023.
2\. Amount of Offer(s): The amount offered for the purchase of the shop and
flat.
3\. The Bidder: The name of the person or company that would be making the
purchase.
4\. Funding: Confirmation of how the purchase is to be financed. We recommend
providing evidence.
5\. Conditions: Any conditions that your offer is subject to. If your offer is
subject to the usual enquiries that a solicitor would make, state "subject to
contact only". Other conditions (such as obtaining alternative planning
consent) must be clearly stated.
6\. Any Other Information: Any other points you feel are relevant to your
offer and/or ability to complete the sale.
**Notes**
X Offers will be opened by the vendor or agent at the same time
X The vendor is not committed to accepting the highest or any offer
X All offers received will be considered. The offer best suiting the vendor's
purposes will be selected
X Any offer accepted will be conditional upon exchange of contract
**Business Rates And Council Tax**
The Rates Payable for 23/24 are estimated at £1, 847 (The Rateable Value figure
is £3700). For businesses that qualify for the small business rates relief,
there will be a discount reducing the amount payable to £nil.
The Flat falls in to Council Tax Band A
**Further Information And Viewings**
For more information or to view the property, contact Julie Sumner in our
Commercial Property Department on Direct Line: Or by email at . Viewing is by
prior arrangement - contact us to arrange an appointment.
**EPC Rating**
The EPC Rating of the Shop is C: 71
The EPC Rating of the Flat is E: 49
Copies of the EPC Certificates are available on request.

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