Commercial Property in Lutterworth available for sale
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Commercial Properties for Sale near the Lutterworth, UK

Explore the Latest Lutterworth Commercial Property for Sale

Commercial Properties for Sale Within 5 miles of the Lutterworth, UK

More details for 278-290 Huntingdon St, Nottingham - Office for Sale

Huntingdon House - 278-290 Huntingdon St

Nottingham, NG1 3NA

  • Office for Sale
  • £2,300,000
  • 25,050 sq ft
  • Air Conditioning
  • Raised Floor
  • Security System
  • 24 Hour Access

Nottingham Office for Sale

Offers in excess of £2.3m invited. The property is prominently situated on the A60 Huntingdon Street, the main throughfare through Nottingham City Centre, connecting West Bridgford to the south with Mansfield to the north. The property is adjacent to the Victoria Centre and less than a 10-minute walk from Nottingham Trent University, Nottingham College, and the Motorpoint Arena. The University of Nottingham is approximately 20-minutes by tram from the property. The main city centre retail and leisure amenities are a short walk west of the property. The immediate area comprises mixed-use property, but high demand for student and residential accommodation within Nottingham City Centre is driving change of use development. The property comprises a three-storey mixed-use investment providing multi-let retail and serviced office accommodation, with covered car park to the rear. The Ushaped property is of concrete and traditional masonry construction beneath a flat and pitched steel framed roof. The property occupies a highly prominent position on the A60 Huntingdon Street within walking distance of Nottingham City Centre. There are four self-contained retail units at ground floor level, each with multiple glazed frontages overlooking Huntingdon Street and return frontages onto Rick Street and Kent Street. There is a car park to the rear providing 14 covered spaces, with two roller shutter vehicular access points off Rick Street and Kent Street. The first and second floors provide a mix of open plan and cellular office accommodation, currently operated as a serviced business centre. The office specification generally comprises carpeted floors, painted and plastered walls, perimeter trunking, suspended ceilings, gas fired central heating and air conditioning. The accommodation benefits from a good level of natural light via extensive casement windows. The property is held long leasehold on a 125-year lease commencing 20 August 1997 at a peppercorn rent. Title documents and a copy of the lease are available within the Marketing Pack. The freehold interest is held by Nottingham City Council. We understand Nottingham City Council are open to discussions regarding the sale of their freehold interest. Interested parties should rely upon their own enquiries.

Contact:

Watling Real Estate

Date on Market:

11/07/2024

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More details for Burton Rd, Nottingham - Land for Sale

Burton Rd

Nottingham, NG4 3GP

  • Land for Sale
  • £160,000
  • 0.47 ac Plot

Nottingham Land for Sale

LOCATION This site is situated in Gedling which is a suburb of Nottingham with frontages onto Conway Road and the Burton Road (B686) and visible from the Colwick Loop Road (A612) It is a mixed use area with residential properties also close by. The “Inn For A Penny” Public House is directly adjacent to the West of the site and to the East is the Colwick Loop Road and opposite Burton Road Jubilee Park. It does not include the land to the apex beyond the hedge line. DESCRIPTION This is a part surfaced site with dual road frontages available to let or for sale. SITE AREA Approximately 0.19 ha (0.47 acres). PLANNING The site may suit a range of commercial or other uses subject to the appropriate Planning Consents. The clients would not consider a Car Wash use given that a previous Application was refused. Any use must have regard to the potential impact and the character and appearance of the surrounding area and any anticipated noise disturbance. Please note there is a Public Right of Way and Buffer Zone adjacent to the Ouse Dyke which lies to the West. Interested parties should discuss their proposed uses with the Agents in the first instance and subsequently with the Local Planning Authority Gedling Borough Council. SERVICES We understand that mains services will need to be connected. EASEMENTS/RIGHTS There is a prescriptive right for Western Power to use Electricity cables laid on the site. We understand that there are sewer easements in respect of three sewers crossing the site: Two sewers of 600 mm diameter and one of 300 mm diameter. Severn Trent Water have advised there should be no works above or below ground within three metres of the centre line of these routes. RENTAL/PRICE £12,000 pax Freehold price upon application. LEASE The premises are available to let by way of a new contracted out lease on terms to be agreed. VAT We understand that VAT is not applicable to the rental however the position with regard to VAT is reserved at all times. BUSINESS RATES We understand the premises are not Assessed at the present time. However the VOA may assess the land dependent upon the future use and occupation. LEGAL FEES The incoming tenants to pay the landlords legal costs incurred in the transaction abortive or otherwise. On a freehold sale each party to bear their own costs ANTI-MONEY LAUNDERING POLICY In accordance with Money Laundering Regulations, two forms of ID and confirmation of the source of funding will be required from the successful purchaser/tenant.

Contact:

New West Ltd

Property Subtype:

Commercial

Date on Market:

28/09/2022

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More details for 22 Cranbrook St, Nottingham - Industrial for Sale

22 Cranbrook St

Nottingham, NG1 1ER

  • Industrial for Sale
  • £250,000
  • 5,886 sq ft
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More details for Radcliffe Rd, Holme Pierrepont - Retail for Sale

Radcliffe Rd

Holme Pierrepont, NG12 2LF

  • Retail for Sale
  • £1,856,000
  • 3,457 sq ft
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More details for Sneinton Rd, Nottingham - Retail for Sale

Wheatsheaf - Sneinton Rd

Nottingham, NG2 4PW

  • Retail for Sale
  • £235,000
  • 4,078 sq ft
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FAQs about Commercial Properties For Sale in Lutterworth

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How many Commercial Property listings are available for sale in Lutterworth?
There are currently 2 Commercial Properties available for sale near Lutterworth. These Lutterworth Commercial Property listings have an average size of 3,675 sq ft. The largest available listing in Lutterworth is 4,098 sq ft. The thriving commercial centre and excellent transport links in Lutterworth make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Lutterworth?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Lutterworth currently range from £85 to £121 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Lutterworth?
There is a diverse range of commercial properties available in Lutterworth to suit various business needs. Lutterworth offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 2 Lutterworth commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Lutterworth, UK

Market Overview for Commercial Properties in Lutterworth

Key information for Commercial Properties investors in Lutterworth and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Lutterworth £103 3,675 sq ft
Nottingham £108 26,520 sq ft
West Bridgford £156 2,025 sq ft
Holt £224 1,675 sq ft
Colne £113 5,517 sq ft

Rental Price Trends in Lutterworth

The price per square foot range for Commercial Properties in Lutterworth and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Lutterworth £85 £103 £121
Nottingham £27 £108 £373
West Bridgford £147 £156 £165
Holt £224 £224 £224
Colne £96 £113 £123

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Lutterworth area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Lutterworth 3,251 sq ft 3,675 sq ft 4,098 sq ft
Nottingham 1,156 sq ft 26,520 sq ft 280,000 sq ft
West Bridgford 1,785 sq ft 2,025 sq ft 2,265 sq ft
Holt 1,675 sq ft 1,675 sq ft 1,675 sq ft
Colne 468 sq ft 5,517 sq ft 18,400 sq ft

You searched for commercial property for sale in Lutterworth. Explore 2 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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