£1,300,000

Property for sale

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£1,300,000

(£186.81/sq. ft)

Property for sale

Wellington Terrace And Ramsey Court, 94-102 Hucknall Road, Carrington, Nottingham NG5

6,959 sq. ft

Local area information

Property location

Nearby amenities

  • Carrington Primary and Nursery School 0 miles
  • Claremont Primary and Nursery School 0.2 miles
  • Nottingham 1.9 miles
  • Bulwell 2.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Investment

Freehold with Residential Income. Current income 96,300 per annum. Reversionary Income 111,424 per annum.

3 self-contained shops, 9 flats and 4 vacant garages.

All aspects fully let and income producing (except for the garages)

Current gross income when all garages are fully let and income producing- £99,180 pa

Reversionary erv - £111,424 pa

Excellent location, good re-letting prospects.

Offers invited at £1,300,000 to show an initial yield of 7.62% and a reversionary yield of 8.57% before costs

More information

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  1. Zoopla
  2. Commercial for sale
  3. Nottingham
  4. Hucknall Road