The Retail property for sale is situated in Coalville, North West Leicestershire. Coalville lies on the A511 trunk road between Leicester and Burton-upon-Trent, close to junction 22 of the M1 motorway.
The premises comprise a ground floor bar and restaurant with further accommodation at mezzanine level with rear servicing and a front patio for outside customer seating. Seeking offers in excess of £915,000, which reflects a net initial yield of 6.2% and with the minimum uplift in October 2021 to a rent of £70,000, a reversionary yield of 7.25%.
The property is situated in the heart of the Hockley area of Nottingham City Centre, which hosts an eclectic mix of retail, leisure, national and independent businesses.
The position occupiers an extremely prominent position with close proximity to all major bus and tram routes through the city at the junction of Pelham Street, Fletcher Gate,...
The property occupies a prominent corner position with return frontage to Wheeler Gate and Hounds Gate.
Internally, the accommodation is arranged over basement, ground, first and second floors with the main retailing areas at ground floor and part first floor. The remaining upper floors and basement provide storage and office space.
The subject property comprises a four storey mixed use property with two ground and basement level restaurant and take away units, with three upper floors comprising of three large apartments.
Both the ground floor units have been recently refurbished and are let to well known and established local operators.
The three upper floor apartments are...
The mixed use property comprises a large Grade II listed four storey red brick building with bank accommodation at ground and basement levels. The student accommodation comprises 18 x self-contained studios and 2 x one bedroom flats, arranged over the first, second and third floors.
The property comprises a double fronted building arranged over ground, first and second floors and is configured to provide retail sales and ancillary accommodation on the ground floor arranged over two levels with predominantly storage on the first and second floors.
34 Market Street underwent a full conversion in 2018 to provide a ground floor and basement retail/leisure unit along with two self contained high specification two bedroom apartments – ready to be let or potentially sold off on a long leasehold basis.
The property occupies a prominent roadside position on Church Street, Cropwell Bishop, which is an affluent village in Nottinghamshire with approximately 800 households. The property lies approximately 1.2 miles east of the A46, which provides access to Leicester and the popular market town of Newark.
The restaurant has approximately 68 covers to the well presented dining areas with additional Lounge Bar, customer WCs and a good sized catering kitchen, cellarage and stock rooms. The ground floor extends to approximately 3,500 sq ft.
This multi occupancy property has recently been fully refurbished and renovated to provide a self-contained lock up shop on the ground floor. This is currently fitted out as a hair dresser and beauticians with two treatment rooms. Separately accessed, to the rear of the shop is a shared board room, office, shower and access to the upper floors.
The subject property comprises a fully refurbished sales shop with a good sized sales area, kitchen, store room, boiler room and w.c. The premises has the advantage of double glazed window and gas fired central heating, suspended ceilings, modern fluorescent lighting with diffusers and smoke alarms throughout.
The premises comprise a brick and tiled former car showroom with large display windows and roller shutter door to Forest Street, and is currently used for the sale of gifts, small items of furniture, wedding products and hire of wedding cars and photography.
The property comprises a late Bar drinking establishment which was established 5 years ago. There is a ground floor entrance Lobby/Reception area with a large Lounge with a Bar, disabled WC and access to a passage way to the side which is used in Summer for additional seating.
The premises are of brickwork construction underneath a pitched tiled roof and comprise of two storeys and a cellar.
Internally, the premises comprise a cellar/store, trading area at ground and first floor level, with the addition of a residential flat providing living accommodation with a lounge, kitchen and bathroom to the first floor.