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678 Mansfield Rd 1,407 sq ft 100% Let Retail Property Nottingham NG5 2GE £200,000 (£142.15/sq ft) 9.16% Net Initial Yield
Investment Highlights
- Great transport links
- Added benefit of first floor flat
- Prominent position on busy thoroughfare
Executive Summary
The property comprises a self-contained ground floor retail unit, currently operating as a vape shop. The unit consists of a main sales area with serving counter, ancillary stores and small kitchenette & W/C. To the rear there is a small courtyard that is shared with the residential flat.
The rear further provides access to a self-contained flat over the first and second floors. The flat compromises 3 double bedrooms, carpeted and painted plaster throughout and bathroom, kitchen facilities.
The rear further provides access to a self-contained flat over the first and second floors. The flat compromises 3 double bedrooms, carpeted and painted plaster throughout and bathroom, kitchen facilities.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,407 sq ft
Costar Property Class
B
Year Built
1902
Price
£200,000
Price per sq ft
£142.15
Yield
9.16%
NOI
£18,320
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Amenities
- Bus Route
- Security System
- Storage Space
1 1
Nearby Major Retailers
Starbucks
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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678 Mansfield Rd
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