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North Sherwood Street, Nottingham, Nottinghamshire, NG1

Offers in Region of
£800,000
Added on 12/03/2018
Oak Property Consultants, Nottingham
PROPERTY TYPE
Block of Apartments
BEDROOMS
x8

Property description

Tenure: Leasehold, 112 years remaining

Location

The property is located at the junction of North Sherwood Street and Shakespeare Street, above The Orange Tree pub. The property sits adjacent to the main Nottingham Trent University campus along with Nottingham City Centre.

Description

The property comprises the upper floors above The Orange Tree public house which have been converted to provide 8 self-contained one bedroom/studio flats. The building is Grade II Listed. The units are furnished to a high standard and a typical floor plan is set out overleaf. All fixtures and fittings will be included in the sale.

A full tenancy schedule is overleaf, detailing the income from the various parts, but overall the property produces a gross rental for the 2019/20 academic year of £54,500.

Tenure

The property will be sold via a long leasehold interest with 111 years remaining with a ground rent of £2,000 per annum being paid. All of the residential tenancies are let on an exclusive of bills basis.

Price

Offers in the region of £800,000 are sought for the long leasehold interest subject to the tenancies.

Brochures

Brochure 1

North Sherwood Street, Nottingham, Nottinghamshire, NG1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Nottingham Trent University Tram Stop0.2 miles
  • Royal Centre Tram Stop0.2 miles
  • Old Market Square Tram Stop0.3 miles
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About the agent

Oak Property Consultants, Nottingham

34 Shakespeare Street, Nottingham, NG1 4FQ

Oak Property Consultants, Nottingham
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Disclaimer - Property reference MC2NSS. 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 Oak Property Consultants, Nottingham. 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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