8 bedroom block of apartments for sale

North Sherwood Street, Nottingham, Nottinghamshire, NG1

Offers in Region of £800,000

Property Description

Full 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.




More information from this agent

Listing History

Added on Rightmove:
12 March 2018

Nearest stations

  • Nottingham Trent University (0.2 mi)
  • Royal Centre (0.2 mi)
  • Old Market Square (0.3 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Oak Property Consultants, Nottingham

34 Shakespeare Street, Nottingham, NG1 4FQ

0115 798 0076 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Nottingham Trent University (0.2 mi)
  • Royal Centre (0.2 mi)
  • Old Market Square (0.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Oak Property Consultants, Nottingham

34 Shakespeare Street, Nottingham, NG1 4FQ

0115 798 0076 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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