Small purpose student and commercial investment opportunity
• Low maintenance costs • Total income - £25,568 per annum • 4 beds, fully let and income producing for the next academic year 2016 – 2017 (£15,168) • Low bed rate of £43,750 • Retail commercial element income - £10,400 p.a. • Price – £275,000 to show 9.29% before costs
28, 28A & 28B Bath Street I Sneinton Nottingham I NG1 1DS
28, 28A & 28B Bath Street Gedling Street, Nottingham, NG1 1DSGBNottinghamNottinghamshireNG1 1DS28, 28A & 28B Bath Street, Gedling Street
• Office investment opportunity totaling 10,170 sq ft • Fully let • Generating an income of £122,495 per annum (£12.04 per sq ft) • Freehold • 0.87 acres • Potential for rental uplift • Well established office location among occupiers including Experian, Allianz Insurance and Nottinghamshire Police • WAULT of 6.24 years to Expiry • We are instructed to seek offers in the region of £1,500,000 subject to contract for the freehold interest. This reflects a net initial yield of 7.70% assuming purchaser’s costs of 6.10% and a capital value of £147.50 psf
Cartwright House is located near the entrance of Riverside Business Park, accessed directly off Queens Drive, which links Nottingham city centre to the ring road. The business park is within a 10 minute drive of Nottingham railway station which provides frequent trains to the surrounding urban centres as well as direct trains to London St Pancras. The property is also easily accessible via the local bus network with frequent buses connecting the business park to the city centre. The park is used for a range of uses from light industrial, office, retail and hotel. Riverside Business Park is a well known and high quality commercial location with nearby occupiers including Ministry of Justice, Experian, Allianz Insurance & Nottinghamshire Police.
CARTWRIGHT HOUSE TOTTLE ROAD, RIVERSIDE BUSINESS PARK, NOTTINGHAM, NG2 1RT
Type: Office, Hotel, Retail, Light industrial, Business park, Offices, Industrial
Prime Town Centre Investment and Development Opportunity • GF 346 sq m (3,686 sq ft) Upper floor of 155 sq m (1,670 sq ft) • Prominent corner position with adjacent pedestrian access to the main town centre car park • Redevelopment potential for a variety of other uses STP
Location: The property is situated in Hucknall which is a market town on the edge of the Nottingham conurbation to the north west of the city and to the east of the M1 between J26 / 27.
The town is well served with public transport, having a terminus for the tram and a station on the Robin Hood Railway Line, this runs north from Nottingham Station to Mansfield and Worksop.
The properties situation is to benefit from the town centre regeneration and pedestrianisation of part of the High Street.
Accommodation: The property comprises a substantial bank and leisure premises which benefits from a return frontage to Central Walk.
Surrounding occupiers include Wilkos, Specsavers, Fultons Frozen Foods, HSBC, Greggs, Boots, Post Office and Savers.
The building was originally designed to accommodate five retail units fronting Central Walk but is currently splits in to two units.
The former bank element comprises of a fitted banking hall with offices which could be stripped back to provide an open plan retail unit or be split into three smaller shops.
At first floor level there is office accommodation which could be split off from the ground floor.
Adjacent to the former bank there is another retail unit which is currently occupied as a wine bar at ground and part first floor. This has also been designed to accommodate two retail units subject to the necessary dividing works.
To aid with referencing, a floorplan is available on the third and fourth pages of the brochure.
Tenancy Information: T8's Wine Bar is currently let on a lease for a term of 15 years from June 2011, expiring June 2026.
The tenant has the option to terminate the lease at the end of the eight and thirteenth years.
The rent passing is £13,325 per annum until 31st March 2017 following which it increases £26,650 per annum.
Price: The property is available to purchase with vacant possession of the bank and subject to the above named tenancy of T8's Wine Bar for a level of:-
£600,000 Freehold (Six Hundred Thousand Pounds)
Rent: The Bank premises are available to rent at a level of:-
£35,000 Per Annum (Thirty Five Thousand Pounds)
The lease is to be drawn outside of the Landlord and Tenant Act.
Rates: BANK Rateable Value £41,250 Rates Payable 2015/16 £20,336.25
Rates: WINE BAR Rateable Value £18,250 Rates Payable 2015/16 £8,760
User: The property is suitable for a variety of planning uses subject to the necessary planning consents being obtained.
EPC: T8's Wine Bar - D - 87 Former Yorkshire Bank - E - 109
VAT: Vat is not applicable to the purchase price or the rent.
43b High Street, Hucknall, Nottingham NG15 7AR
Type: Retail, Offices, Office, Leisure, General Retail, Retail - High Street, Leisure Property, Pubs/Bars/Clubs, Restaurant/Cafes, Licensed & Leisure
43b High Street, Nottingham, NG15 7HGGBNottinghamNottinghamshireNG15 7HG43b, High Street
A roadside development site extending to c. 330 sq m and benefitting from outline planning permission for a 3-storey building including two retail units and 4 flats. The property has frontage to Chilwell Road and is adjacent to a NET tram stop. ( Agency Pilot Software Ref: 3114 )
Development Site, Ellis Grove, Nottingham, NG9 1EP
Type: General Retail, Residential, Other, Retail, Other Property Types & Opportunities
Development Site, Ellis Grove, Beeston, Nottingham, NG9 1EPGBNottinghamNottinghamshireNG9 1EPEllis Grove
• Let to Pure Aesthetics Ltd • Producing £17,500 per annum exclusive • Used as a Beauty Therapy Clinic • Central location just off Wheeler Gate • Established location for retailers/office occupiers, cafes, bars and restaurants
The property comprises a three storey self contained commercial premises, which is currently used as a Beauty Therapy Clinic. The lease also allows a B1 (Office) Use. The property was previously used for office purposes prior to this. The property is set in an attractive discreet courtyard location, just off Wheeler Gate, one of Nottingham’s main retail parades, among a plethora of bars, restaurants, retail operators and office users.
Freehold City Centre Investment Opportunity Producing £17,500 Per Annum
Excellent Freehold Retail and Commercial Premises in Nottingham’s City Centre
• Vacant Possession of the majority given upon completion • Part sub-let to Paul Smith Ltd (holding over) • Footplate of main section of ground floor 2,500ft² (234m²) approx. • Rare opportunity to acquire a freehold City Centre building (circa 12,000ft² (1,114.80m²) • Alternative uses include quasi retail, offices, student accommodation and residential (PRS) • Offers invited in excess of £800,000
6 Weekday Cross and 10/10A Byard Lane Nottingham I NG1 6GE
Type: Retail, Residential, Offices, Other Property Types & Opportunities
6 Weekday Cross and 10/10A Byard Lane Maid Marian Way, Nottingham, NG1 6GEGBNottinghamNottinghamshireNG1 6GE6 Weekday Cross and 10/10A Byard Lane, Maid Marian Way
Former Royal British Legion social club totalling 4,138 sq ft on a site of 0.60 acres with large car park in attractive south Nottinghamshire village location with good road connections. Potentially suitable for alternative uses, subject to obtaining requisite consents. Best bids by midday Friday 8th April 2016.
(From Caldes Software. Property Ref: N6440. Mar 9 2016 12:55PM)
Former Social Club, 15 Nottingham Road, Nottingham, NG11 0HE
For Sale/To Let - New Business Park Development - A new business park due to be accessed via a new road from the Hucknall By Pass which is currently under construction and due to be completed Quarter 1 2017.
Occupier requirements can be accommodated on a build to suit basis available for sale or to let and we would welcome the opportunity to meet with occupiers to understand their requirements so a detailed proposal can be put forward.
Harrier Park, Watnall Road, Nottingham, NG15 6EP
Type: Distribution Warehouse, General Industrial, Industrial Park, Retail Park, Warehouse, Industrial, Retail
Freehold residential investment (PRS) 17 self-contained apartments with car parking
• Fully let and income producing • Current income £83,364 p.a. with scope for further increases • Located in an established residential area • Majority refurbished in recent years • 10 two bed apartments, 7 one bed apartments • Offers invited at a figure of £1,050,000
Nottingham is a major provincial city and has an urban population of approximately 275,000, a leisure catchment of 750,000. It has a substantial shopping catchment of 2,000,000. It has major interests in office, retail, warehousing/distribution and educational facilities with there being two large and established universities, within the conurbation. Woodthorpe is a suburban area of Arnold. It is part of the borough of Gedling and lies just next to the city Boundary. It is bounded by Mapperley, Daybrook, Sherwood and Arnold which are all substantial and prosperous residential areas. Woodthorpe is a desirable place to live. Shops are limited but most residents travel into the nearby areas for local shopping. There are established facilities in Mapperley Plains which is approximately 1/1.5 miles from the subject property, together with adjacent local facilities. Various bus services pass along Somersby Road with there being a bus stop outside the subject property.
Newstead Court I Somersby Road / Revesby Road Woodthorpe I Nottingham I NG5 4NF
Situated in a prominent position on Long Row, one of the principal pedestrian routes to the Market Square. Surrounding retailers are predominantly leisure and entertainment related within the Chapel Quarter Development.
(From Caldes Software. Property Ref: N6390. May 12 2016 12:17PM)
Central College site is situated on Maid Marian Way and is one of the highest profile sites in Nottingham, sitting just below Nottingham Castle. The site area is 2.844 acres (1.51 hectares). A mixed use scheme - available 2017/18.
(From Caldes Software. Property Ref: N6079. Jun 25 2014 9:12PM)
Central College, Maid Marian Way, Nottingham, NG1 6AB