Market Street, Nottingham
- PROPERTY TYPE
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
- Prime Nottingham city centre location
- Attractive Grade II listed building
- Fully let mixed use investment
- Ground floor let at £37,500 pa
- 2x high spec two bed apartments let on ASTs (£26,400 pa)
- Freehold - £800,000
- Net initial yield – 7.56%
The subject property occupies a highly prominent central position on the busy Market Street which links Upper Parliament Street and the Market Square. It is close to Nottingham Trent University, The Cornerhouse leisure scheme and opposite the Theatre Royal.
This is a thriving and busy location with an eclectic mix of national, regional and independent businesses, nearby operators include; Starbucks, Cope Jewellers, Revoluçion de Cuba, Copper, Slug and Lettuce and Escobar.
The property underwent full conversion in 2019 to provide a ground floor and basement retail/leisure unit along with 2 self contained, high specification two bedroom apartments to the upper floors with private coded access.
The ground floor and basement is let in its entirety to Caspian Wolf Limited company no: 11100015 t/a Code 34 -a popular and well fitted independent bar and restaurant.
The two upper floor apartments are both let on residential ASTs and are fitted to a high specification throughout comprising of; open plan kitchen/living room, two bedrooms -master bedroom with en-suite, and a main bathroom.
These sales particulars have been prepared by FHP Living on the instruction of the vendor. Services, equipment and fittings mentioned in these particulars have NOT been tested, and as such, no warranties can be given. Prospective purchasers are advised to make their own enquiries regarding such matters. These sales particulars are produced in good faith and are not intended to form part of a contract. Whilst FHP Living have taken care in obtaining internal measurements, they should only be regarded as approximate.
Purchaser information - Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, FHP Living require any successful purchasers proceeding with a purchase to provide two forms of identification i.e. passport or photocard driving license and a recent utility bill. This evidence will be required prior to FHP Living instructing solicitors in the purchase or the sale of a property.
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Market Street, Nottingham
NEAREST STATIONSDistances are straight line measurements from the centre of the postcode
- Royal Centre Tram Stop0.1 miles
- Old Market Square Tram Stop0.1 miles
- Lace Market Tram Stop0.2 miles
About the agent
Proactive residential property consultants FHP Living is the residential division of Fisher Hargreaves Proctor Property Consultants, the East Midlands property advisor of the year. We are a vibrant, forward-thinking and proactive estate agency with a dedicated team of hard-working property professionals who focus on specific areas; each agent then becomes an expert with detailed knowledge for that area.
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Disclaimer - Property reference 102431015564. 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 FHP Living, West Bridgford. 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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