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67-75 Front St
Arnold NG5 7EB
Retail Property For Sale · 4,530 SF
INVESTMENT HIGHLIGHTS
- Highly prominent retail units in busy market town of Arnold, Nottingham
- Nearby operators include Iceland, Savers, Costa, Boyes, Co-op Travel, Betfred and Boots
- Individual prices from £150,000 up to £225,000
- 67 Front Street is sold with vacant possession
- 69 and 75 Front Street are subject to the existing occupational leases
EXECUTIVE SUMMARY
Arnold town centre is a busy suburban location situated approximately 5 miles north of Nottingham city centre. The town has a resident population of 37,402, with a catchment population of over 110,000. Front Street is the prime retailing location within Arnold with the subject property being considered in the most prime location where the street is pedestrianised. It is an established retail location with a host of quality national operators in the immediate vicinity including Wilko, Iceland (adjacent), Poundland, Superdrug, Clarks, Specsavers and Peacocks to name a few.
PROPERTY FACTS
| Unit Size | 680 - 1,011 SF | Building Class | B |
| No. Units | 3 | Floors | 2 |
| Total Building Size | 4,530 SF | Typical Floor Size | 3,391 SF |
| Property Type | Retail | Year Built | 1965 |
| Property Subtype | Storefront |
| Unit Size | 680 - 1,011 SF |
| No. Units | 3 |
| Total Building Size | 4,530 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 3,391 SF |
| Year Built | 1965 |
3 UNITS AVAILABLE
Unit No 67
| Unit Size | 680 SF | Sale Type | Investment or Owner User |
| Condo Use | Retail | Tenure | Freehold |
| Unit Size | 680 SF |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Tenure | Freehold |
DESCRIPTION
The entire property is a two-storey building with retail accommodation across the ground floor with offices and storage across the first floor. The property benefits from rear access and an enclosed private car park.
No 67 is being sold with vacant possession subject to refurbishment.
SALE NOTES
67 Front Street - £150,000
Unit No 69
| Unit Size | 804 SF | Tenure | Freehold |
| Condo Use | Retail | Cap Rate | 6.89% |
| Sale Type | Investment | NOI | $16,893.80 |
| Unit Size | 804 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 6.89% |
| NOI | $16,893.80 |
DESCRIPTION
The entire property is a two-storey building with retail accommodation across the ground floor with offices and storage across the first floor. The property benefits from rear access and an enclosed private car park.
SALE NOTES
69 Front Street - £225,000
Unit No 75
| Unit Size | 1,011 SF | Tenure | Freehold |
| Condo Use | Retail | Cap Rate | 7.78% |
| Sale Type | Investment | NOI | $19,565.14 |
| Unit Size | 1,011 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 7.78% |
| NOI | $19,565.14 |
DESCRIPTION
The entire property is a two-storey building with retail accommodation across the ground floor with offices and storage across the first floor. The property benefits from rear access and an enclosed private car park.
SALE NOTES
75 Front Street - £225,000
AMENITIES
- Security System
- Automatic Blinds
- Storage Space
- Air Conditioning
