Vedonis, 15 Bar Lane, Nottingham, NG6 0JA

Description

An opportunity to acquire a freehold commercial building extending to circa 8,130 sq ft on a site area of approximately 0.8 acres situated within the Bar Lane Industrial Estate in the heart of Old Basford An opportunity to acquire a freehold commercial building extending to circa 8,130 sq ft

Accommodation / Key Property Details

• Set on a site area of approximately 0.8 acres
• Situated within the well-established Bar Lane Industrial Estate in the heart of Old Basford An opportunity to acquire a freehold commercial building extending to circa 8,130 sq ft on a site area of approximately 0.8 acres situated within the Bar Lane Industrial Estate in the heart of Old Basford
• Freehold commercial property
• Situated within the established Bar Lane Industrial Estate
• Located in the heart of Old Basford
• Set 2.7 miles North West of Nottingham City Centre
• Just off Nuthall Road, a main arterial route in/out of the City
• Excellent road connectivity, 3-minute drive to J26 of the M1
• Close to Bus Stops going to City Centre & Surrounds

Location

Vedonis, 15 Bar Lane, Nottingham, NG6 0JA

Tenure

Freehold; verify title, lease terms, rights, covenants, easements and special conditions in the legal pack.

Development / Planning

Full Planning Permission for a first floor office Planning Reference: 24/01823/PFUL3 Potential for a range of alternative uses (STP)

Auction Information

Investment Analysis

Investment Snapshot

Market Comparables

The auction particulars are the primary factual source for this sheet. HB value screens are desktop estimates only. Before bidding, verify recent Land Registry sales or specialist commercial/land transactions matching the same micro-location, tenure, size, condition and use.

Proposed Works

HB desktop allowance: £66,000. Confirm scope through inspection, survey and contractor/QS pricing.

Rental Value

No passing/ERV figure extracted from source particulars. No unsupported market rent has been presented as achieved income.

Low / Base / High Investment Scenario

BTL Analysis

Obtain genuine local rental comparables before relying on a BTL appraisal; no achieved rent is invented here.

BRRR Analysis

At the HB base value screen of £670,000, a 75% refinance is approximately £502,500 before lender criteria. Compare against the full project cost, not guide price alone.

Flip Analysis

Base value screen less guide, HB works allowance and buyer premium leaves approximately £52,200 before SDLT, legal, finance, holding, professional, selling costs and tax. This is not net profit.

Maximum Bid Indicator

Deduct works, buyer premium, legal/professional fees, finance, holding, contingency, selling costs and required profit/return from a verified end value. SDLT is buyer-specific and excluded from this desktop screen.

Strategy Recommendation

BTL, BRRR or refurbishment/resale depending on verified rent, end value, survey and legal-pack findings.

Strategy Rating

BTL: ★★★☆☆ | BRRR: ★★★☆☆ | Flip: ★★★☆☆

Key Risks

Planning/consent conditions and implementation status; Legal-pack special conditions and seller fees; Physical condition and valuation/finance risk.

Analysis Confidence

High for facts directly reproduced from the Auction Estates particulars; medium/low for HB desktop works/value assumptions until direct comparable research, inspection, survey, legal-pack review and contractor/QS pricing are completed.