5 Saint James's St - Parking Lots & Garages FOR SALE


Nottingham, NTT NG1 6EY
$5,895,000 USD
5 Saint James's St, Nottingham, NTT for Sale
$5,895,000 USD
Parking Lots & Garages - FOR SALE
1/1
null | 8.75% Cap Rate

5 Saint James's St
Nottingham, NTT NG1 6EY


HIGHLIGHTS

  • 38 years unexpired
  • Prime position
  • Capital value of £12.4k per space

OVERVIEW

Prime positioned MSCP in the heart of Nottingham City Centre, situated adjacent to Maid Marian Way, the main arterial route through Nottingham. Let to National Car Parks Limited (NCP), with over 38 years unexpired at a low rent per space of £1,158 pa. Quoting £5,895,000 which reflects a NIY of 8.75% & capital value of £12,400 per space.

FOR SALE DETAILS

PRICE

$5,895,000 USD

PRICE/SF

$53 USD /SF

CAP RATE

8.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Parking Lots & Garages

TOTAL BUILDING SIZE

-

STORIES

7

BUILDING CLASS

-

YEAR BUILT

1870

SPRINKLERS

-

PARKING SPACES

475

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,955 SF

ZONING

-

APN/PARCEL ID

NT292359

ASK ABOUT THIS PROPERTY

Megan MirchandaniKnight Frank LLPMore Info

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Megan MirchandaniKnight Frank LLPMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.