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43 Beech Av
Nottingham NG7 7LJ

Retail Property For Sale

Investment Highlights

  • Fully let on an unbroken 20 year term, expiring 21/03/2038
  • The property is located within New Basford, a suburb north of Nottingham’s town centre and within the A6514 Ring Road.
  • The property comprises a terraced 3 storey mixed use building, built of brick construction under a pitched tile roof.

Executive Summary

Freehold mixed use investment. Fully let on an unbroken 20 year term, expiring 21/03/2038
• Passing rent £18,000 per annum
• Subject to 3 yearly rent reviews on an Open
Market Rent basis
PRICE
£250,000 exclusive, subject to the occupational tenancy.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,649 SF
Year Built
1980
Price
$452,895 CAD
Price Per SF
$275 CAD
Cap Rate
7%
NOI
$31,703 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.15
Lot Size
0.03 AC
Frontage
18 ft on Beech Avenue

Amenities

  • Energy Performance Rating - B
  • Listing ID: 32089530

  • Date on Market: 2024-06-11

  • Last Updated:

  • Address: 43 Beech Av, Nottingham NG7 7LJ

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