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- LoopNet Team
Leopold St
Nottingham NG10 4QE
Harrington Mills · Light Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Long Eaton is the home of sofa and furniture design and manufacture in the UK and Europe
- Held by way of 7 individual long leaseholds, with effectively a minimum of 94 years unexpired at a fixed rents of £1.00 - £10.00 per annum
- The property is located within the Long Eaton Conservation Area and is locally listed
- Forms part of the unique, former lace mill building, known as Harrington Mills and comprises ground, first, second, third floors plus an attic
- Net rent receivable, after annual service charge deductions, of £161,883 per annum
EXECUTIVE SUMMARY
The property forms part of the Harrington Mills complex of buildings that was constructed in 1885 and originally designed as a Lace Mill Factory. It is arranged on Ground, First, Second and Third floors with additional Attic accommodation. The property is of traditional brick construction, under a slate tiled roof and benefits from large metal framed windows. The floors are wooden. The property benefits from a goods/passenger lift to all floors. The floor plates are regular and open plan. There are external staircases, known as turrets, that also provide fire escape routes. The property has been extensively refurbished by our clients and is heated by gas fired boilers. W/Cs are provided on ground and second floors. The property also benefits from 17 designated car parking spaces. Additional visitor spaces are also available around the site. The property is located in Long Eaton, Derbyshire some 7 miles south west of Nottingham and 8.5 miles south east of Derby. The town is located approximately 2.5 miles to the east of Junction 25 of the M1, via the A52. The property is accessed off Derby Road (A6005) the main arterial route through the town.
PROPERTY FACTS
| Property Type | Light Industrial | No. Floors | 5 |
| Property Subtype | Light Manufacturing | Year Built | 1885 |
| Costar Property Class | B | APN / Parcel ID | |
| Net Internal Area (NIA) | 159,605 sq ft |
| Property Type | Light Industrial |
| Property Subtype | Light Manufacturing |
| Costar Property Class | B |
| Net Internal Area (NIA) | 159,605 sq ft |
| No. Floors | 5 |
| Year Built | 1885 |
| APN / Parcel ID |
AMENITIES
- Roller Shutters
