Huntingdon House 278-290 Huntingdon St

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.