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Queens Rd E
Beeston NG9 2FE

Mecca Bingo & Home Bargains · Retail Property For Sale

Queens Rd E, Beeston NG9 2FE

INVESTMENT HIGHLIGHTS

  • Nottingham has one of the largest student populations in the UK with over 60,000 students
  • Let to national operators Home Bargains and Mecca Bingo, who have traded for 14 & 16 years respectively
  • Close to the main campus of Nottingham University

EXECUTIVE SUMMARY

Seeking offers in excess of £4,230,000 (Four Million, Two Hundred and Thirty Thousand Pounds) subject to contract and exclusive of VAT. This reflects an attractive Net Initial Yield of 8.50% after allowing for purchasers costs of 6.55%.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
40,038 SF
Building Class
B
Year Built
2009
Price
$5,318,802
Price Per SF
$133
Cap Rate
8.50%
NOI
$452,098
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
 

  • Listing ID: 32171392

  • Date on Market: 6/18/2024

  • Last Updated:

  • Address: Queens Rd E, Beeston NG9 2FE

The Retail Property at Queens Rd E, Beeston, NG9 2FE is currently available for sale. Contact XPROP for more information.

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