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Little Tennis Street, Nottingham, NG2

SOLD
£420,000.00 £112 /sf
3,756 sf
Industrial Investments for Sale

Little Tennis Street, Nottingham, NG2

SOLD
£420,000.00 £112 /sf
3,756 sf
Industrial Investment opportunity, reflecting a NIY of 6.54%
The property comprises a detached steel portal framed warehouse/industrial unit with an eaves height of 5.7m. Loading is via a manual up-and-over roller shutter door providing 5.2m clearance. The unit also benefits from three phase power, a reception area, small kitchen, WC facilities and first floor offices. Externally, the site is fully self-contained, with a gated entrance.
Located in a well recognised industrial location
Self-contained, secure & gated site
Great access to Nottingham City Centre
Ample parking

Rateable Value: £20,000
Freehold, subject to and with the benefit of an occupational lease to Nottingham Jagtech Ltd for a term of 5 years from 28th November 2023 at an annual rent of £28,650, reflecting a NIY of 6.54% taking into consideration 4.3% purchaser's costs.

Location

The property is situated on Little Tennis Street which forms part of the highly popular Colwick industrial area, approximately two and a half miles to the south-west of Nottingham city centre.
Its location affords easy access to the A612 Daleside Road which is one of the principal arterial roads to and from the city, which allows easy access to the national roads network.

Related links

Investment property for SaleInvestment property for Sale in Nottingham
This property has been let/ Sold

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Investment property for SaleNottinghamLittle Tennis Street, Nottingham, NG2SOLD