15 Castle Gate 8,525 SF 47% Leased Office Building Nottingham NG1 7AQ $1,610,750 ($188.94/SF) 3.27% Cap Rate
INVESTMENT HIGHLIGHTS
- Nottingham is a major city in the East Midlands, within the heart of England with excellent transport links, rapid access to the Motorway system
- Situated in one of the City's most desirable locations
- The property occupies a prominent position within the pedestrianised section of Castle Gate between its junctions with Albert Street / Lister Gate
EXECUTIVE SUMMARY
Currently producing £40,863.21 per annum. Freehold, subject to existing tenancies upon completion. Title: NT187187.
Guide Price upon application.
Guide Price upon application.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
8,525 SF
Building Class
B
Year Built/Renovated
1900/1980
Price
$1,610,750
Price Per SF
$188.94
Cap Rate
3.27%
NOI
$52,656
Percent Leased
47%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
1,705 SF
Slab To Slab
9’
Building FAR
0.85
Lot Size
0.23 AC
Parking
12 Spaces (1.41 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Raised Floor
- Energy Performance Rating - C
- Storage Space
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Suites are available to let upon net effective full repairing and insuring leases for a term to be agreed. Guide rents and current service charges upon application.
Suites are available to let upon net effective full repairing and insuring leases for a term to be agreed. Guide rents and current service charges upon application.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 2,322 SF | Office | Full Build-Out | Now |
| 3rd Floor | 2,221 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 2,322 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Floor
| Size |
| 2,221 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
