Vernon Road, Basford, Nottinghamshire, NG6 0AD
- PROPERTY TYPE
Shop
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Commercial Unit
- Two Bedroom Flat Above
- Fitted Kitchen In Shop & Flat
- Living Room
- Two Bathroom Suites
- Tenant In Situ
- Great Investment Opportunity
- No Upward Chain
- Convenient Location
- Must Be Viewed
Description
INVESTMENT OPPORTUNITY...
Situated in a prime location, this commercial shop with a two-bedroom flat above offers an excellent investment opportunity for both new and experienced investors. Conveniently located within close proximity to superb transport links, including tram stops, local amenities and easy access to the City hospital and City Centre, this property is highly desirable. The commercial shop is already generating a gross rental yield of 4.8% and comes with a tenant in situ, ensuring immediate rental income. The shop features a shop front, a fitted kitchen and a bathroom. The spacious two-bedroom flat above, also tenanted, boasts a cozy living room, a fitted kitchen, a bathroom and two bedrooms. The property also includes separate access to the flat, ensuring privacy for the tenants. This well-maintained property, with its strategic location and reliable rental income, is a solid addition to any investment portfolio.
MUST BE VIEWED
Ground Floor -
Shop Front - 3.67m x 8.93m (12'0" x 29'3") - The shop front has shelving, refrigeration units, laminate tile flooring, lighting, CCTV, a counter, UPVC double-glazed windows to the front elevation and a UPVC single door providing access into the shop.
Kitchen - 3.23m x 4.09m (10'7" x 13'5") - The kitchen has a range of fitted base and wall units with worktops, a stainless steel sink and a half with a swan neck mixer tap, partially tiled walls, laminate tile flooring and a UPVC double-glazed window to the rear elevation.
Bathroom - 1.55m x 1.79m (5'1" x 5'10") - The bathroom has a low level flush W/C, a pedestal wash basin, a fitted panelled bath with an electric shower, laminate tile flooring, partially tiled walls, a towel rail, a radiator, an extractor fan and a UPVC double-glazed window to the rear elevation.
Rear Porch - 1.14m x 0.97m (3'8" x 3'2") - The rear porch has laminate tile flooring and provides access into the shop from the rear.
First Floor -
Hallway - 2.71m x 1.04m (8'10" x 3'4") - The hallway has laminate flooring, carpeted stairs and a UPVC double-glazed window to the side elevation and provides access to the first floor accommodation.
Living Room - 3.81m x 3.69m (12'5" x 12'1") - The living room has two UPVC double-glazed windows to the front and side elevation, a radiator, laminate flooring and coving.
Bathroom - 2.32m x 2.15m (7'7" x 7'0") - The bathroom has a low level flush W/C, a pedestal wash basin, a fitted panelled bath with a glass shower screen, tiled flooring and walls, a chrome heated towel rail and an extractor fan.
Kitchen (Flat) - 2.69m x 2.41m (8'9" x 7'10") - The kitchen has a range of shaker style fitted base and wall units with worktops, a stainless steel sink with a drainer, an integrated oven, a gas hob with an extractor fan, space and plumbing for a washing machine, a wall-mounted boiler, partially tiled walls, tiled flooring and a UPVC double-glazed window to the rear elevation.
Hallway - 2.25m x 1.36m (7'4" x 4'5") - The hallway has laminate flooring, a radiator, a UPVC double-glazed window to the side elevation and a single UPVC door providing access into the accommodation.
Second Floor -
Landing - 3.84m x 1.65m (12'7" x 5'4") - The landing has carpeted flooring, access to the boarded loft via a drop-down ladder, a UPVC double-glazed window to the side elevation and provides access to the second floor accommodation.
Master Bedroom - 3.82m x 3.66m (12'6" x 12'0") - The master bedroom has two UPVC double-glazed windows to the front and side elevation, carpeted flooring and a radiator.
Bedroom Two - 3.60m x 3.31m (11'9" x 10'10") - The second bedroom has a UPVC double-glazed window to the side elevation, carpeted flooring and a radiator.
Outside -
Front - To the side of the property is on street parking.
Rear - To the rear of the property is a courtyard, a shed and a single wooden gate.
Additional Information - Electricity – Mains Supply
Water – Mains Supply
Heating – Gas Central Heating – Connected to Mains Supply
Septic Tank – No
Broadband – Virgin Media, Openreach
Broadband Speed - Ultrafast 1000 Mbps (Highest available download speed) 100 Mbps (Highest available upload speed)
Phone Signal – All 4G, some 3G & 5G available
Sewage – Mains Supply
Flood Risk – No flooding in the past 5 years
Rivers & the sea - High risk of flooding
Surface Water - Low risk of flooding
Flood Defenses – No
Non-Standard Construction – No
Any Legal Restrictions – No
Other Material Issues – No
Disclaimer - Council Tax Band Rating - Nottingham City Council - Band A
This information was obtained through the directgov website. HoldenCopley offer no guarantee as to the accuracy of this information, we advise you to make further checks to confirm you are satisfied before entering into any agreement to purchase.
The vendor has advised the following:
Property Tenure is Freehold
Agents Disclaimer: HoldenCopley, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and HoldenCopley have not tested any services, equipment or facilities. Purchasers must make further investigations and inspections before entering into any agreement.
Purchaser information -The Money Laundering, Terrorist Financing and Transfer of Funds(Information on the Payer) Regulations 2017(MLR 2017) came into force on 26 June 2017. HoldenCopley require any successful purchasers proceeding with a property to provide two forms of identification i.e. passport or photocard driving license and a recent utility bill or bank statement. We are also required to obtain proof of funds and provide evidence of where the funds originated from. This evidence will be required prior to HoldenCopley removing a property from the market and instructing solicitors for your purchase.
Third Party Referral Arrangements - HoldenCopley have established professional relationships with third-party suppliers for the provision of services to Clients. As remuneration for this professional relationship, the agent receives referral commission from the third-party companies. Details are available upon request.
Brochures
Vernon Road, Basford, Nottinghamshire, NG6 0ADBrochureEnergy Performance Certificates
EE RatingVernon Road, Basford, Nottinghamshire, NG6 0AD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Basford Tram Stop0.1 miles
- David Lane Tram Stop0.2 miles
- Highbury Vale Tram Stop0.7 miles
HoldenCopley are a multi award-winning estate agent. We commenced trading in 2014, and we are proud to have prominent High street offices in Arnold, Mapperley, Hucknall, West Bridgford and Long Eaton giving HoldenCopley and their clients a full coverage of the city and surrounding areas. An independent review in 2021 confirmed that our Arnold branch sold more properties in 2020 than any other independent Estate Agent in England.
In 2016, 2017 and 2018 we were recognised as the 'Best Independent Property Agent' in the Real Estate and Property Awards run by Build Magazine. We were also proud to receive Gold, at the British Property Awards in 2018 and 2019. More recently we received the accolade of Best Estate Agent in the East Midlands.
We have a prominent high street office dedicated to residential sales, commercial sales, lettings and property management and have an experienced team with an ongoing commitment to delivering the finest range of estate agency and property services to clients and customers. We are confident you can trust us to handle all of your property requirements in an efficient and effective manner and always hold your best interests at heart.
Our two directors, Steven Holden and Matt Copley - have both operated in Nottingham and the surrounding area for over twenty five years and are actively involved in the day to day running of the business.
They are fiercely committed to ensuring that quality of service, performance and results consistently achieve the highest possible levels and meets or exceeds your expectations, whether its via through our house valuations, property for sale or property to rent.
We are members of NAEA Propertymark which means we meet higher industry standards than the law demands. Our experts undertake regular training to ensure they are at the forefront of developments in the industry and to provide the very best moving experience to you.
Whatever your property needs, we are here to help and so please contact us to discuss your personal requirements. You can be assured of a friendly and personal response.
Notes
Disclaimer - Property reference 33127817. 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 HoldenCopley, Hucknall. 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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