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2C Station Street, Nottingham, Nottinghamshire, NG10

Fixed Price
£80,000

£100.00 per sq ft

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE

800 sq ft

74 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: Class E

E

Description

Investment Consideration:
Gross Initial Yield: 9.10%
Rental Income: £7,280 p.a.
VAT is applicable to this property
Comprises ground floor retail shop t/a gallery
Occupiers close by include Argos, Aldi and a number of local shops, restaurants/takeaways and convenience store.

Property Description:
The property comprises mid-terrace ground floor shop, providing the following accommodation and dimensions:
Ground Floor: 74 sq m (800 sq ft)
Open plan retail, Kitchenette, WC

Tenancy:
The shop is at present let to an Individual for a term of 2 Years from 1st March 2023 at a current rent of £6,000* p.a. and the lease contains full repairing and insuring covenants. *Fixed rental increase to £7,280 p.a. on 1st March 2024.
Vendor will top up rent, so the buyer receives £7,280 p.a. from completion.

Tenure:
Long leasehold. Held of a 999 years lease from 1st January 2016 at a ground rent of peppercorn.

Location:
Long Eaton is a town in the Erewash district of Derbyshire, England, just north of the River Trent, about 7 miles (11 km) south-west of Nottingham and some 8.5 miles (13.7 km) south-east of Derby. The main road through the town forms part of the A6005 and junction 25 of the M1 motorway is on its north-western border. The area around the traffic island in the town centre is called The Green by locals. Long Eaton railway station is on the Midland Main Line. The Erewash Canal passes through the town. There are bus services to the nearby cities of Nottingham and Derby, which depart every few minutes. Other local services include the East Midlands Airport.

Brochures

2C Station Street, Nottingham, Nottinghamshire, NG10

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Long Eaton Station1.1 miles
  • Toton Lane Tram Stop1.6 miles
  • Attenborough Station1.6 miles

About Blue Alpine, London

54 Welbeck Street, London W1G 9XS

Blue Alpine, London

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a

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Notes

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Disclaimer - Property reference 2cstationroad. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Blue Alpine, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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