43 Beech Av | Nottingham NG7 7LJ
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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.
• 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
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