High Yielding City Centre Investment Opportunity Trading As Kaspas Desserts • Purchase price of £360,000 reflects a net initial yield of 9.23% assuming purchasers cost at 3.83% • Nearby occupiers include Chutney, Cumin, MemSaab, Calcutta Club, World Service & 4550 Miles From Delhi
Location: The property is situated in a highly prominent position on Maid Marian Way which is one of the primary roads into Nottingham city centre. The unit sits beneath a new 94 bed student development.
Nearby occupiers include Chutney, Cumin, MemSaab, Calcutta Club, World Service and 4550 Miles From Delhi.
Description: The property comprises of three retail units combined to create a newly fitted out ice cream and desserts parlour.
As part of the refurbishment, the tenant installed a new shop front and has spent in excess of £200,000 fitting the premises out to a high standard, in line with the franchise brand.
Accommodation: 315.7 sq m (3,398 sq ft)
Tenancy Information: The property is let to Mr Shahbaz Mahmood and Mr Amir Hassan Khan T/A Kaspas with a guarantee from Kaspas Distribution Ltd.
The property is let for a term of 15 years from 1 June 2016 at a rent of £36,000 per annum. The rent commencement is 1 March 2017 and the tenant has a break option at the 5th and 10th anniversary of the lease term.
The lease is drawn on effectively full repairing and insuring lease terms by way of a service charge.
Tenure: Long leasehold. The residue of a 250 year lease from 1 January 2015 at a ground rent of £1,500 per annum.
Price: The property is available at a price of:- £360,000 which reflects a net initial yield of 9.23% assuming purchasers costs at 3.83% and deducting the ground rent.
Business Rates: To be reassessed due to the combination of the units.
VAT: Vat is applicable to the purchase price.
EPC: 54-56 – (C-74) 58 – (D-76) 60 – (E-110)
Maid Marian House, 54-60 Maid Marian Way, Nottingham NG1 6BJ
Maid Marian House, 54-60, Maid Marian Way, Nottingham, NG1 6BJGBNottinghamNottinghamshireNG1 6BJMaid Marian Way
Freehold city centre office investment with good alternative use potential
• Fully let office building • Located in the heart of Nottingham city centre • Passing rent of £17,000 per annum (£9.20 per sq ft) • Lease expiring August 2021 • Ability to create apartments in future years, subject to planning • 8 car parking spaces (1 : 230 sq ft)
The property comprises a self contained three storey office building which has recently been refurbished throughout and leased to Uber Britannia Limited, more commonly known as taxi company Uber. The property provides three predominantly open plan floors of a good office specification suitable for the office market in this location. The property is located on the northern fringe of Nottingham City Centre just off Huntingdon Street with good access to bus routes, a short walk from Nottingham’s retail centre with the Victoria Centre being very nearby. The offices form part of a courtyard development and a secure environment with an excellent parking ratio of 1 : 230 sq ft, high for a city centre office.
1C King Edward Court I King Edward Street Nottingham I NG1 1EL
Type: Office, Retail, Offices
1C King Edward Court, Nottingham, NG1 1ELGBNottinghamNottinghamshireNG1 1EL1C , King Edward Court
Ground Floor Office/Retail Unit with First Floor Office and Second Floor Apartment • The property is fully vacant with a total area of 134.22 sq m (1,498 sq ft) • Ideal investment opportunity with the first floor suitable for conversion to a one bedroomed apartment, STP
Location: The opportunity is located in Eastwood which is situated 8 miles north west of Nottingham and 10 miles north east of Derby.
The property is situated within the main retailing pitch of Nottingham Road in Eastwood and is in close proximity to national operators which include NatWest and Barclays Bank along with various other regional and independent retailers.
Description: The property comprises of a vacant mixed use, three storey building. The ground floor was formerly occupied as an accounts office for Broxtowe BC and there is two self-contained floors above accessed directly from the gated rear staircase off the yard area.
At first floor the accommodation has most recently been used as office accommodation, however, prior to this it formed a one bedroom apartment and would be suitable for conversion back, stp.
At second floor the property is currently a one bedroom apartment with separate kitchen, bathroom and lounge area.
Externally there is a rear detached outbuilding which has not been accessed or measured.
Accommodation: Ground Floor Sales: - 60.57 sq m (652 sq ft) First Floor: - 33.2 sq m (411 sq ft) Second Floor: - 40.45 sq m (435 sq ft) Total: - 134.22 sq m (1,498 sq ft)
Price The property is available freehold at a price of:- £125,000 (One Hundred & Twenty Five Thousand Pounds)
Planning: Ground and First Floor:- B1 Office Use. Suitable for A1, A2, Subject to Planning.
The property is located on North Sherwood Street in the centre of Nottingham, situated north of the city's main retail and commercial core but easily accessible within a short walk. The ground floor unit comprises a former takeaway unit with a dedicated food processing area and customer facing, seating and serving area. Available For Let at £15,000 per annum.
( Agency Pilot Software Ref: 2010639 )
Unit 70 Bluecoat House, North Sherwood Street, Nottingham, NG1 4EE
Type: Office, General Retail, Restaurants/Cafes, Mixed Use, Offices, Retail, Licensed & Leisure, Other Property Types & Opportunities
Unit 70 Bluecoat House, North Sherwood Street, Nottingham, NG1 4EEGBNottingham, NottinghamNottinghamshireNG1 4EE96-98, North Sherwood Street
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
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
• 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
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
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