Commercial Property in NG1 available for sale
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Commercial Properties for Sale in the NG1, Nottingham

Explore the Latest NG1 Commercial Property for Sale

More details for 278-290 Huntingdon St, Nottingham - Office for Sale

Huntingdon House - 278-290 Huntingdon St

Nottingham, NG1 3NA

  • Office for Sale
  • £2,300,000
  • 25,050 sq ft
  • Air Conditioning
  • Raised Floor
  • Security System
  • 24 Hour Access

Nottingham Office for Sale

Offers in excess of £2.3m invited. The property is prominently situated on the A60 Huntingdon Street, the main throughfare through Nottingham City Centre, connecting West Bridgford to the south with Mansfield to the north. The property is adjacent to the Victoria Centre and less than a 10-minute walk from Nottingham Trent University, Nottingham College, and the Motorpoint Arena. The University of Nottingham is approximately 20-minutes by tram from the property. The main city centre retail and leisure amenities are a short walk west of the property. The immediate area comprises mixed-use property, but high demand for student and residential accommodation within Nottingham City Centre is driving change of use development. The property comprises a three-storey mixed-use investment providing multi-let retail and serviced office accommodation, with covered car park to the rear. The Ushaped property is of concrete and traditional masonry construction beneath a flat and pitched steel framed roof. The property occupies a highly prominent position on the A60 Huntingdon Street within walking distance of Nottingham City Centre. There are four self-contained retail units at ground floor level, each with multiple glazed frontages overlooking Huntingdon Street and return frontages onto Rick Street and Kent Street. There is a car park to the rear providing 14 covered spaces, with two roller shutter vehicular access points off Rick Street and Kent Street. The first and second floors provide a mix of open plan and cellular office accommodation, currently operated as a serviced business centre. The office specification generally comprises carpeted floors, painted and plastered walls, perimeter trunking, suspended ceilings, gas fired central heating and air conditioning. The accommodation benefits from a good level of natural light via extensive casement windows. The property is held long leasehold on a 125-year lease commencing 20 August 1997 at a peppercorn rent. Title documents and a copy of the lease are available within the Marketing Pack. The freehold interest is held by Nottingham City Council. We understand Nottingham City Council are open to discussions regarding the sale of their freehold interest. Interested parties should rely upon their own enquiries.

Contact:

Watling Real Estate

Date on Market:

11/07/2024

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More details for 22 Cranbrook St, Nottingham - Industrial for Sale

22 Cranbrook St

Nottingham, NG1 1ER

  • Industrial for Sale
  • £250,000
  • 5,886 sq ft
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More details for 80 Mount St, Nottingham - Office for Sale

Cumberland Court - 80 Mount St

Nottingham, NG1 6HH

  • Office for Sale
  • £9,700,000
  • 48,715 sq ft
  • 1 Unit Available
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More details for 25 Goose Gate, Nottingham - Retail for Sale

25 Goose Gate

Nottingham, NG1 1FE

  • Retail for Sale
  • £395,000
  • 2,343 sq ft
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More details for 2 Boston St, Nottingham - Build-to-Rent for Sale

Mansion Place - 2 Boston St

Nottingham, NG1 1BG

  • Build-to-Rent for Sale
  • £10,950,000
  • 22,000 sq ft
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More details for 44 Canal St, Nottingham - Retail for Sale

44 Canal St

Nottingham, NG1 7EH

  • Retail for Sale
  • 34,740 sq ft
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More details for 96-98 Derby Rd, Nottingham - Retail for Sale

Imperial House - 96-98 Derby Rd

Nottingham, NG1 5FB

  • Retail for Sale
  • 5,240 sq ft
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FAQs about Commercial Properties For Sale in NG1

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How many Commercial Property listings are available for sale in NG1?
There are currently 12 Commercial Properties available for sale near NG1. These NG1 Commercial Property listings have an average size of. The largest available listing in NG1 is. The thriving commercial centre and excellent transport links in NG1 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in NG1?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in NG1 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in NG1?
There is a diverse range of commercial properties available in NG1 to suit various business needs. NG1 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 12 NG1 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the NG1, Nottingham

You searched for commercial property for sale in NG1. Explore 12 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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