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For sale
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investment
£1,550,000
26-30 Stoney Street, The Lace Market, Nottingham, NG1 1LL
1,919m² (20,654ft²)
Multi let creative office and studio investment/refurbishment/redevelopment opportunity in Nottingham’s Creative Quarter
Property Information
- Two interconnecting former textile buildings
- Prominent position in the heart of the Lace Market – Nottingham’s Creative Quarter
- Multi let to a range of creative, legal and studio occupiers producing an income of £97,227.50 per annum
- Over 30% of the accommodation is vacant, offering a strong asset management and reversionary potential
- Low capital value with significant scope to improve income through reletting and refurbishment
- All leases contracted outside of the Landlord & Tenant Act
- Future redevelopment/conversion potential (subject to planning)
Reference No: 12041
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Location
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26-30 Stoney Street, The Lace Market, NG1 1LL
1,919m² (20,654ft²)
£1,550,000
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