ADDRESS125 To 127 High Road, Beeston, Nottingham, NG9 2LH
TYPEGeneral Retail, Retail
TENUREInvestment Opportunity, Under Offer, For Sale Freehold
POSTED ON11th November 2019
Comprising two ground floor retail units with separate self- contained flats above. 125 is fitted out as a laundrette and 127 is trading as a barbers.
The shops are in good condition and have been well maintained by both tenants. Both flats are accessed from the rear of the building. The flats are both one bedroom and are self-contained benefitting from separate utilities. The flats have been recently renovated. The owners also re-laid the roof in 2005.
The property presents a great investment opportunity for the following reasons:-
Prospects for rental growth Well maintained so minimal spend required on updating /upkeep Asset management opportunity Vacant possession value would outstrip investment value so low risk Long established tenants with perfect payment history Add value opportunity