Goose Gate, Nottingham

PROPERTY SUMMARY An excellent opportunity to acquire a substantial mixed-use investment property, comprising a ground floor commercial unit with spacious residential accommodation arranged over the upper floors. The property is currently income-producing and offers an attractive setup for investors seeking an established asset with both commercial and residential rental streams already in place.

The building is currently generating a combined income of £3,083.33 per calendar month, equating to £37,000 per annum. The residential element is let from 1st September 2025 to 16th August 2026 on a 50-week tenancy at £440 per week, giving buyers the benefit of secured rental income for the upcoming tenancy period. The additional income from the ground floor shop further strengthens the investment position, creating a diversified return from one freehold-style asset.

The residential accommodation is accessed separately and is arranged across the upper floors, extending to approximately 107.1 sq. metres overall. The layout has been designed to suit multi-occupancy living, with four bedrooms, a communal living room, kitchen, shower room and separate WC. This configuration makes the property particularly well suited to student tenants, professional sharers or continued HMO-style use, subject to any necessary consents or licensing requirements.

Internally, the flat offers generous room proportions, high ceilings and characterful period-style features, with large windows providing good levels of natural light throughout. The first floor includes an entrance hall, two bedrooms and a kitchen. The kitchen is fitted with a range of units and provides space for appliances, with the layout supporting practical day-to-day use for multiple occupants. The upper floor provides two further bedrooms, a communal living room, shower room and separate WC, creating a well-balanced arrangement with sleeping accommodation split across both floors.
Bedroom accommodation is a key strength of the property, with four lettable rooms in total. The rooms are of varying sizes but all provide usable tenant space, while the separate communal living room ensures the flat retains a dedicated shared area rather than relying solely on bedrooms and kitchen space. The presence of both a shower room and separate WC is also a practical advantage for multi-occupancy use.

The ground floor commercial unit provides a valuable additional rental stream and enhances the overall investment appeal. Mixed-use properties of this nature can be particularly attractive to investors as they are not reliant on one tenant type alone, with income generated from both the shop and the residential accommodation above. The current overall income of £37,000 per annum demonstrates the property's immediate earning capability, while the existing residential tenancy provides useful certainty for an incoming buyer.

The property is likely to appeal to landlords and investors looking for a ready-made income-producing purchase, with established rental returns from day one. It may also suit buyers seeking a mixed-use asset with long-term flexibility, as the accommodation above has a clear letting structure and the commercial premises below provide an additional layer of income potential. Overall, this is a strong investment opportunity offering scale, a practical multi-let residential layout, and a combined annual income of £37,000. 

LOCATION SUMMARY Goose Gate is positioned in the heart of Nottingham city centre, within one of the city's most vibrant and recognisable areas. Sitting close to Hockley, the Lace Market and the Creative Quarter, the location is known for its mix of independent cafés, bars, restaurants, boutique retailers and creative businesses, giving it a strong city-centre atmosphere and consistent footfall throughout the day and evening.

The property is particularly well placed for access to Nottingham's main retail, leisure and entertainment destinations. Victoria Centre, Old Market Square, the Motorpoint Arena, Broadway Cinema and a wide range of popular bars and eateries are all within easy reach, while nearby Carlton Street, Broad Street and the Lace Market provide a thriving selection of independent venues and nightlife. This makes the area especially attractive to tenants and buyers who want a lively, walkable city-centre lifestyle.

Transport links are another major advantage. Nottingham's tram network can be accessed nearby, providing quick connections across the city, including to Nottingham Trent University, the train station, QMC, the University of Nottingham and further afield. Nottingham train station is also accessible from the property, offering rail services to surrounding towns and major cities. Regular bus routes operate throughout the city centre, making this a highly convenient base for commuters, students and professionals.

For students, the location offers strong appeal due to its proximity to Nottingham Trent University and the wider city-centre student scene. The University of Nottingham is also reachable via tram and bus routes, helping broaden the potential tenant pool. For professionals, the property is well placed for Nottingham's business districts, offices, retail employment, hospitality venues and the Lace Market/Creative Quarter commercial areas.

From an investment perspective, Goose Gate is a highly appealing setting due to the combination of central positioning, strong footfall, excellent amenities and consistent rental demand. The mix of nearby universities, employment hubs, nightlife and transport links supports demand from students, young professionals and city-centre occupiers, while the active commercial surroundings also enhance the appeal for mixed-use investment. Overall, this is a prime city-centre location offering convenience, visibility and strong long-term rental prospects. 

COMMERCIAL UNIT A ground floor commercial unit forming the shop element of the property, providing a valuable separate income stream as part of the overall mixed-use investment. The space offers a practical open retail/customer-facing area with frontage, making it well suited to its current use or continued commercial letting. 

ENTRANCE HALL The residential accommodation is accessed via its own entrance, with stairs rising to the upper floors. The hallway provides access to the first floor rooms and creates a clear separation between the commercial premises and the flat above. 

BEDROOM ONE A generous double bedroom positioned to the front of the first floor, with a large window allowing for good natural light. The room offers comfortable tenant accommodation with space for bedroom furniture and study/storage use. 

BEDROOM TWO A further well-proportioned bedroom located on the first floor, again offering usable space suitable for student or sharer occupation. The room benefits from a bright aspect and forms part of the practical multi-let layout.
Kitchen
 

KITCHEN The kitchen is fitted with a range of wall and base units with work surfaces over, sink and drainer, tiled splashbacks and space for appliances. The layout provides a functional shared cooking area for multiple occupants. 

LANDING The landing connects the upper-floor accommodation and provides access to the remaining bedrooms, communal living space and bathroom facilities. 

BEDROOM THREE A spacious upper-floor bedroom with characterful angled ceilings and a large window. The room provides further lettable accommodation and is well suited to continued student or professional sharer use. 

BEDROOM FOUR Another upper-floor bedroom offering a good level of usable space, with natural light and room for essential bedroom furniture. This room completes the four-bedroom residential layout. 

LIVING ROOM A separate communal living room positioned on the upper floor, providing an important shared space for tenants. The room offers a comfortable area for seating and relaxation, ensuring the flat benefits from dedicated communal accommodation in addition to the kitchen. 

SHOWER ROOM The shower room is fitted with a shower enclosure and wash hand basin, with tiled wall finishes and practical flooring. This serves the residential accommodation and supports the multi-occupancy layout. 

SEPARATE WC A separate WC provides additional convenience for tenants, particularly useful within a four-bedroom shared property. 

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DISCLAIMER Money Laundering Regulations: Tristram's ask intending purchasers to produce identification documentation. Any delay in receiving this information may cause a delay in agreeing a sale.

Measurements: The room sizes are approximate and are only intended as a guide to the size of the property. We would advise you to verify any measurements that you may require.

Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

These particulars are issued in good faith as a guide to prospective purchasers, they do not constitute representations of fact or form part of any offer or contract. The particulars of any property we market should be independently verified by prospective buyers. Neither Tristram's Property Services Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property. Tristram's has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

While we endeavour to make our sales particulars as fair, accurate and reliable as possible, they are only a general guide for prospective purchasers, therefore if there is any point which is of a particular importance to you, please contact the office and we will be pleased to look into this for you.