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For sale
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investment
£850,000
27 Addison Street, The Arboretum, Nottingham, NG1 4GX
218m² (2,346ft²)
Exceptional Freehold Residential Opportunity. Annual Rental Income £62,280 Per Annum and Gross Yield 7.33%
Property Information
- 6 year commercial lease subject to contractual break provisions
- Established corporate tenant with excellent independent credit assessment
- Substantial corporate guarantor providing additional contractual security
- Both tenant and guarantor assessed by Experian as ‘Very Low Risk’
- Strong financial covenant profile supported by independent commercial credit assessment
- Contracted period architecture with substantial accommodation
- Convenient location within easy reach of Nottingham City Centre
- Full financial covenant information is available to verified purchaser upon request.
- Offers invited in excess of £850,000 to show 7.33% before costs
Reference No: 12056
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Location
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