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58-60 High St

2,250 SF 100% Leased Retail Building Nottingham NG15 7AX $766,822 ($341/SF) 7.71% Cap Rate

Retail Space Nottinghamshire Nottingham 58-60 High St, Nottingham, NTT NG15 7AX

Investment Highlights

  • 2 ground floor retail units
  • Freehold
  • Fully let ground floor and one vacant residential unit
  • Current rent roll £48,460 per annum

Executive Summary

Price £600,000 reflecting a net initial yield of 7.71% assuming purchaser’s costs of 4.75%

Attachments

10994 - 58-60 High Street, Hucknall

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,250 SF
Building Class
B
Year Built
1920
Price
$766,822
Price Per SF
$341
Cap Rate
7.71%
NOI
$59,122
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Frontage
28 FT on High Street

Amenities

  • Energy Performance Rating - D
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Nearby Major Retailers

Lloyds Bank
Loungers
Costa Coffee
ALDI
Tesco Extra
Morrisons
Co-operative Food
Icelands Foods
Spar
+44 115 908 2101

Contacts

  • Listing ID: 33945241

  • Date on Market: 11/21/2024

  • Last Updated:

  • Address: 58-60 High St, Nottingham NG15 7AX

The Retail Property at 58-60 High St, Nottingham, NG15 7AX is currently available for sale. Contact FHP Property Consultants for more information.

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58-60 High St
+44 115 908 2101 x

58-60 High St

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Jack Shakespeare

+44 115 908 2101

+44 115 908 2101

Noel Roper

+44 115 841 1132

+44 115 841 1132

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