Elnor St 2,801 SF Office Building Nottingham NG16 4AP $93,069 CAD ($33.23 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- The property benefits from parking accessed off Elnor Street
- The site extends to 0.08(ha) and feel it may be suitable for redevelopment, subject to planning
- Within walking distance of Langley Mill railway station
EXECUTIVE SUMMARY
Investment opportunity to purchase this detached Victorian building with parking.
Current income £3,000 per annum part let, part vacant.
The property has scope to redevelop (subject to planning).
Current income £3,000 per annum part let, part vacant.
The property has scope to redevelop (subject to planning).
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Office
Tenure
Freehold
Building Size
2,801 SF
Building Class
C
Year Built
1896
Price
$93,069 CAD
Price Per SF
$33.23 CAD
Cap Rate
6%
NOI
$5,584 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,801 SF
Building FAR
0.32
Lot Size
0.20 AC
Parking
5 Spaces (1.79 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
- Signage
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