icons_size_white icons_size

AGENT'S DETAILS


Nottingham – Freehold Shop and Residential Investment

For sale: £125,000.00|1562 Sq Ft|Residential, Flat, General Retail, Retail - High Street, Mixed Use, Retail, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£125,000.00
SIZE1562 Sq Ft
ADDRESS9/9a Carlton Road, Nottingham, Nottinghamshire NG3 2DG
TYPEResidential, Flat, General Retail, Retail - High Street, Mixed Use, Retail, Other Property Types & Opportunities
TENUREFor Sale Freehold
POSTED ON31st May 2020

DESCRIPTION

Investment Consideration:
Occupying a prominent roadside location.
Convenient location, close to city centre.
Comprises ground floor shop and a self-contained three-bedroom flat on the first and second floor.
VAT is NOT applicable to this property.
In a growth location with new developments nearby.
Occupiers nearby include Motorpoint Arena, Pistachio, amongst other local traders.

Property Description:
The property is arranged as a ground floor shop and a self-contained three-bedroom flat on the first and second floor.

The property provides the following accommodation and dimensions:
No. 9 (Ground Floor Shop): 72.06 sq m (776 sq ft)
No. 9A (First/Second Floor Flat): 73 sq m (786 sq ft)

Tenancy:
The shop is at present let to Pantila Thai Massage for a term of 5 years from 1st June 2019 at a current rent of £3,600 per annum and the lease contains full repairing and insuring covenants. The lease provides for a rent review on the 1st June 2020 and 1st June 2022. The first/second floor residential flat is at present let on an AST to an individual for a term of 12 months since 2015 (Holding Over) at a current rent of £4,740 per annum.

Location:
Nottingham is a city in Nottinghamshire, England and has a population of 321,500. Part of the East Midlands region, it is 128 miles (206 km) north of London and 45 miles (72 km) northeast of Birmingham. To the west lies Derby, separated by the M1 motorway.

LOCATION

Location: 9/9a Carlton Road, Nottingham, Nottinghamshire NG3 2DG

Nottingham (0.6 miles)

Carlton (2.5 miles)

Netherfield (2.7 miles)

close
What do you think of our website?
Complete our survey and
you could win £1000
Start here