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Agent's details

30-32 Bridlesmith Gate, Nottingham, NG1 2GQ

For sale: £950,000.00|4,045 Sq Ft|Other, Other Property Types & Opportunities

Property details

FOR SALE£950,000.00
SIZE4,045 Sq Ft
ADDRESSBridlesmith Gate, Nottingham, NG1 2GQ
TYPEOther, Other Property Types & Opportunities
TENUREFor Sale Freehold
POSTED ON23rd October 2023

Description

Two retail shops
Lease expiry dates July 2025 and October 2027
Current income 110,000pa, ERV circa 65,000 pa
Potential for conversion of upper parts into student/residential accommodation subject to PP
Offers in excess of 950,000 to show a net initial yield of 10.83% after costs at 6.85%

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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