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50 Derby Rd
Nottingham NG1 5FD

Retail Property For Sale

Retail Space Nottinghamshire Nottingham 50 Derby Rd, Nottingham, NTT NG1 5FD

Investment Highlights

  • Ground floor retail premises with useful basement
  • Long established tenant in occupation since 2006
  • Painted plaster walls
  • Part of a busy and popular city centre retail pitch
  • Track light fittings

Executive Summary

The property’s long leasehold interest is available to purchase with offers invited in the region of £135,000 which, based upon our opinion of Market Rent, reflects a yield of 9.05% after purchasers costs.

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
1,292 SF
Building Class
B
Year Built
1905
Price
$241,947 CAD
Price Per SF
$187 CAD
Cap Rate
9.05%
NOI
$21,896 CAD
Tenancy
Single
Building Height
5 Stories
Building FAR
0.26
Lot Size
0.11 AC
Frontage
21 ft on Derby Rd

Amenities

  • Bus Line
  • Security System
  • Storage Space
 

  • Listing ID: 30137798

  • Date on Market: 2023-11-21

  • Last Updated:

  • Address: 50 Derby Rd, Nottingham NG1 5FD

The Retail Property at 50 Derby Rd, Nottingham, NG1 5FD is currently available for sale. Contact Salloway Property Consultants Limited for more information.

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