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Agent's details

Bridlesmith House, Nottingham, NG1 2GQ

For sale: £5,750,000.00|29,477 Sq Ft|Other, Other Property Types & Opportunities

Property details

FOR SALE£5,750,000.00
SIZE29,477 Sq Ft
ADDRESSBridlesmith Gate, Nottingham, NG1 2GQ
TYPEOther, Other Property Types & Opportunities
TENUREFor Sale Freehold
POSTED ON24th August 2020

Description

Well let mixed retail and office investment totalling 29,477ft
In a well established City Centre location for both office and retail uses
The property is fully let and produces 854,450 per annum
WAULT of 3.77 years to expiries and 3.3 years to breaks
Strong Tenant covenant profile including Flannels Group and Diesel
Further asset management opportunities
Low capital value of 195 per ft
Quoting price of 5,750,000 reflecting a net initial yield of 13.94% after usual Purchaser's costs of 6.62%
 

Location

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Location: Bridlesmith Gate, Nottingham, NG1 2GQ

Nottingham (0.4 miles)

Carlton (2.9 miles)

Netherfield (3.2 miles)

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