1-5 Main St 3,123 SF Vacant Retail Building Nottingham NG6 8QH $327,272 ($104.79/SF) 10.90% Cap Rate

INVESTMENT HIGHLIGHTS

  • Close to public transport links and major arterial routes
  • Lapsed planning consent for residential conversion
  • Prominent frontage to main high street

EXECUTIVE SUMMARY

The ground floor is predominantly open plan with rear staff facilities and stores.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
3,123 SF
Building Class
B
Year Built
1978
Price
$327,272
Price Per SF
$104.79
Cap Rate
10.90%
NOI
$35,673
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Frontage
75’ on Main Street

AMENITIES

  • Storage Space

NEARBY MAJOR RETAILERS

Heron Foods
Iceland
Costa Coffee
Lloyds Bank
Tesco Extra
Lidl
Morrisons
Bestway
  • Listing ID: 34061840

  • Date on Market: 12/3/2024

  • Last Updated:

  • Address: 1-5 Main St, Nottingham NG6 8QH