The Property comprises a substantial Mill Building forming three distinct parts namely New Mill, Silk Mill and Radford Mill, more specifically, as follows:
New Mill
This comprises an imposing Mill Building originally constructed, we estimate at the turn of the 20th century and arranged over lower ground, ground, mezzanine and three upper levels, together with a tower.
The main buildings are of a solid brick construction typical of the period, incorporating decorative brick banding to the window arches and neo classical dress
stone detailing to the entrances, parapet and window sills.
The elevations incorporate a combination of timber multi pane and sash windows and the floors are of a sectional concrete construction supported on wrought
iron stanchions.
Since its original construction we understand the building has been extended to the western elevation to create a single storey warehouse unit of solid brick
construction under a pitched slate roof incorporating various roof lights.
The main building has been extended to the southern elevation to create additional space, accessed from the mezzanine floor and ground floor showroom
accommodation accessed via an assumed right of way over Radford Court. The property benefits from five points of access, two on either of the side elevations
and one to the front.
The principal access to the upper floors is via a main entrance and staircase off Garden Street incorporating alternate male and female WCs on each of the half landings. The staircase area also incorporates the main goods lift to the building and we understand that there is a secondary goods lift serving all floors, however this goods lift is only accessible from the rear of the ground/basement floor. We are informed that both lifts have been decommissioned.
Former Silk Mill Land
To the rear of New Mill is located a parcel of land, formerly the Silk Mill which has since been demolished with frontage to Norton Street and being rectangular in shape.
Radford Court
This is located to the front of the property (south) and comprises a courtyard development of single storey industrial units constructed in the original car park of the New Mill, configured to provide three units on either side, namely six units in total, one being accessed from Norton Street. They are of a steel portal frame
construction with blockwork infill walls and decorative brick facing, pitched in a single bay with asbestos roof covering and incorporating steel roller shutter doors.
Location
Located in the centre of the UK 125 miles north of London, Nottingham is served by three junctions of the M1 motorway (24 – 26). The City is directly linked to the
Midland Mainline (London St Pancras 1 hour 45 minutes), Nottingham East Midlands Airport provides direct flights to 90 international destinations and the City’s
modern tram system carries an estimated 9.5 million passengers every year.
Situation
The property is situated in the Radford area of Nottingham, located approximately 1.25 miles west of Nottingham city centre and occupying a prominent position
fronting Ilkeston Road (A609) at its junction with Norton Street to the north and Garden Street to the south, with its rear boundary defined by Denman Street Central in a predominantly low value residential district.
Directly opposite is a neighbourhood parade of mainly independent retailers, including a Co-operative Food Store.
To the north along Norton Street is the Bloomsgrove Estate which comprises a small industrial scheme of an approximately 1970s construction including occupiers IVP Brook Centre, Crofters Bio Gardens, Unipart Automotives, Walker Catering Supplies, Encon Group Limited, Coolex Heat Transfer, MSS Handling Limited, Inter-Varsity Press and FFE.
The site is situated in between Nottingham Trent University’s City Campus and the University of Nottingham’s Jubilee campus making it a preferred student
accommodation location.
Accommodation
Measured in accordance with the RICS Code of Measuring Practice (6th Edition) we understand that the property provides the following gross internal areas:
New Mill
Ground/Basement - Workshop/Offices - 2,045 sq m (22,011 sq ft)
Mezzanine - Workshop/Offices - 1,258 sq m (13,541 sq ft)
First Floor - Workshop/Offices - 1,478 sq m (15,905 sq ft)
Second Floor - Workshop/Offices - 1,459 sq m (15,704 sq ft)
Third Floor - Workshop/Offices - 1,463 sq m (15,751 sq ft)
Total Gross Internal Area - 7,703 sq m (82,913 sq ft)
Radford Court
Unit 1 - Workshop - 156 sq m (1,679 sq ft)
Unit 2 - Workshop - 156 sq m (1,679 sq ft)
Unit 3 - Workshop - 156 sq m (1,679 sq ft)
Unit 4 - Workshop - 78 sq m (839 sq ft)
Unit 5 - Workshop - 235 sq m (2,530 sq ft)
Unit 6 - Workshop - 155 sq m (1,668 sq ft)
Total Gross Internal Area - 936 sq m (10,074 sq ft)
Site
The site of the Property is roughly rectangular in shape with its southern boundary defined by Ilkeston Road (A609), western boundary by Norton Street, eastern boundary by Garden Street and rear boundary by neighbouring property, which we understand is owned by Nottingham City Council, where a new residential scheme is being constructed. By reference to the Ordnance Survey Extract, we calculate that the Property has an area of:
Radford Court
0.508 acres (0.206 hectares)
New Mill
0.895 acres (0.362 hectares)
Silk Mill
0.119 acres (0.048 hectares)
Total
1.522 acres (0.616 hectares)
Terms
Tenure
The property is offered freehold.
VAT
The Property is currently exempt from VAT.
Price
Offers are invited in excess of £1,400,000, subject to contract.
Tenancies
For further information regarding tenancies & roof antennae licences, please contact the sole agents.
Specification
- Prominent landmark building close to Nottingham City Centre
- Flexible accommodation
- Development potential (STPP)
- Part income producing
- Site area 1.522 acres (0.616 hectares)