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For Rent£892,000.00 Per Annum

49 Pasture Road, Nottingham, NG9 8HR

Other, Other Property Types & Opportunities , 24422 Sq Ft
Property type: Other, Other Property Types & Opportunities
Tenure: To Let
Size: 24422 Sq Ft
Rent: £892,000.00 Per Annum
Location: Pasture Road, Nottingham, NG9 8HR
Let to Silicone Altimex Limited until June 2025
Strong covenant strength securing the rental income
High level of investment by the Occupational Tenant
Current rental - 85,000 per annum (3.50 per ft) with rental growth at the review June 2018
Good site area approx 1.12 acres offering redevelopment potential in the future
Price - 892,000 plus VAT
Net initial yield 9% net of costs at 5.8%
Low capital value of 36.55 per ft
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