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Old Town Hall Station Rd 13,249 sq ft 100% Let Office Property Nottingham NG6 9AA £474,000 (£35.78/sq ft)
Investment Highlights
- Freehold four-storey town hall with multi-let income and development potential
- Prime location near Bulwell Train Station and 5 minutes from M1 J26
- Full planning permission for 12 apartments across upper floors
Executive Summary
This substantial freehold property comprises a four-storey multi-let town hall extending to 13,249 sq ft, currently generating a total rent of £44,222 per annum. The building includes ground and first-floor commercial space and second and third floors with full planning permission for 12 apartments (Planning Ref: 23/00955/PFUL3). The property benefits from no Section 106 contributions, making it an attractive investment and development opportunity. Guide price: £474,000+.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Office
Tenure
Freehold
Property Size
13,249 sq ft
Costar Property Class
C
Year Built
1868
Price
£474,000
Price per sq ft
£35.78
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
3,312 sq ft
Floor To Floor Height
8 ft
Parking
6 Spaces (0.45 Spaces per 1,000 sq ft Leased)
Amenities
- Commuter Rail
- EPC - E
- Demised WC facilities
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Old Town Hall | Station Rd
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