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35 Cromford Road, Langley Mill, Nottingham

Guide Price
£90,000

Business rates & charges may apply

Savills, Savills Auctions- Commercial
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SECTOR

Commercial property for sale

Key features

  • High Yielding Mixed-Use Investment Opportunity
  • Retail Unit and Separately Accessed Two Bedroom Flat
  • Fully Let on a Single Lease
  • New 5 Year Lease Expiring 29.01.2031
  • Index Linked Rent Reviews
  • Prominent High Footfall Pitch
  • Six Week Completion Available
  • Investment Let at £12,000 p.a. (13% GIY on Guide Price)

Description

The property comprises a high yielding mixed-use investment occupying a prominent pitch within a popular local parade.

Arranged as a ground floor retail unit with a separately accessed two bedroom flat to the upper parts, the property is fully let on a newly signed five year lease to a private individual expiring 29.01.2031 and paying £12,000 per annum.

The lease includes index linked rent reviews in years 3 and 5, as well as every three years thereafter.

The property occupies a prominent pitch fronting a high footfall pedestrianised street. The surrounding area is characterised by a mix of local retail and residential uses.

Brochures

35 Cromford Road, Langley Mill, Nottingham

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Langley Mill Station0.2 miles
  • Ilkeston Station3.2 miles
  • Newstead Station5.6 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference 008D133C-D69F-45E1-BFAE-44B120DE6EFA. 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 Savills, Savills Auctions- Commercial. 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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