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For Sale£915,000.00

Saltbox, The Ice House, Bolero Square, Nottingham, NG1 1JU

General Retail, Other, Restaurants/Cafes, Retail - High Street, Retail, Other Property Types & Opportunities, Licensed & Leisure , 6790 Sq Ft
Property type: General Retail, Other, Restaurants/Cafes, Retail - High Street, Retail, Other Property Types & Opportunities, Licensed & Leisure
Tenure: Investment Opportunity, For Sale Freehold
Size: 6790 Sq Ft
Price: £915,000.00
Location: Saltbox, The Ice House, Bolero Square, Nottingham, NG1 1JU
The premises comprise a ground floor bar and restaurant with further accommodation at mezzanine level with rear servicing and a front patio for outside customer seating.

Seeking offers in excess of £915,000, which reflects a net initial yield of 6.2% and with the minimum uplift in October 2021 to a rent of £70,000, a reversionary yield of 7.25%.

Equivalent yield of 7% and Equivalent Yield Quarterly in Advance of 7.3%.
( Agency Pilot Software Ref: 7249 )
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