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303-321 Main St, Nottingham

Shop for sale

£400,000 8,124 sq ft

Heb Surveyors (Nottingham) LLP
Highlights
  • Situated at a prominent and busy intersection opposite Tesco and Lidl
Property type

Shop for sale

Full address
303-321 Main St, Nottingham NG6 8ED – Nottingham
Asking price
£400,000
Available space range
There is 1 space available. This measures 8,124 sq ft.
Features
Storage space, Energy Performance Rating - D
Brochure
Download the brochure
Contact name

Will Torr - Heb Surveyors (Nottingham) LLP

Sale details

Sale unit 3917746 Available

8,124 sq ft, £49.24 per sq ft

Unit Sale unit 3917746
Address 303-321 Main St, Nottingham, Nottinghamshire, NG6 8ED, GB
Size 8,124 sq ft
Price £400,000
Price per unit £49.24 per sq ft
  • Accommodation: 754.75 sq m (8,124 sq ft).
  • Occupational lease: the property is let on a full repairing and insuring lease to nottingham van sales ltd at a rent £30,000 per annum, from 26 nov 2018 until 25 nov 2021..
  • The lease is contracted out of the landlord and tenant act and there is a landlord only break in may 2020..
  • Price: the property is available to buy at a level of:- £400,000 which equates to a net initial yield of 7.2% when allowing for purchaser’s costs at 4.18%.
  • Planning: a1 retail.
Sale conditions Redevelopment Project
Sale type Investment
Tenure Freehold
More building details Less building details

Property facts for 303-321 Main St, Nottingham

The opportunity lies in Bulwell which is approximately 2.5 miles from Nottingham city centre and has a population of c.16,500 people as of the 2011 census. The subject site comprises 0.28 acres situated directly opposite the new LIDL and existing Tesco Extra store on Main Street, Bulwell. The property is split into two distinct parts, the first part is a single storey open plan showroom with pitched roof and return frontage glazing to Merchant Street. The second part which is interconnected to the first, comprises a brick-built showroom with rear stores and loading underneath a flat roof.

Number of storeys
1
Parking ratio
3.03
Rentable building area
8,124 sq ft
Year built
1960

Attachments

PDF #1 Marketing brochure/flyer Download

This shop for sale is located in Nottingham.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Heb Surveyors (Nottingham) LLP. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Heb Surveyors (Nottingham) LLP for full details and further information.