Queens Rd E - Retail FOR SALE


Beeston, NTT NG9 2FE
$4,230,000 USD
Queens Rd E, Beeston, NTT for Sale
$4,230,000 USD
Retail - FOR SALE
1/5
null | 8.5% Cap Rate

Queens Rd E
Beeston, NTT NG9 2FE


HIGHLIGHTS

  • Nottingham has one of the largest student populations in the UK with over 60,000 students
  • Close to the main campus of Nottingham University
  • Let to national operators Home Bargains and Mecca Bingo, who have traded for 14 & 16 years respectively

OVERVIEW

Seeking offers in excess of £4,230,000 (Four Million, Two Hundred and Thirty Thousand Pounds) subject to contract and exclusive of VAT. This reflects an attractive Net Initial Yield of 8.50% after allowing for purchasers costs of 6.55%.

FOR SALE DETAILS

PRICE

$4,230,000 USD

PRICE/SF

$106 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mecca Bingo & Home Bargains

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

NT181837

ASK ABOUT THIS PROPERTY

Jason HoldenXPROPMore Info

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