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For sale
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investment
Offers invited at £1,300,000
Wellington Terrace and Ramsey Court, 94-102 Hucknall Road, Carrington, Nottingham, NG5 1AB
646m² (6,959ft²)
Freehold with Residential Income. Current income £96,300 per annum. Reversionary Income £111,424 per annum.
Property Information
- 3 self-contained shops, 9 flats and 4 vacant garages.
- All aspects fully let and income producing (except for the garages)
- Current gross income when all garages are fully let and income producing- £99,180 pa
- Reversionary ERV – £111,424 pa
- Excellent location, good re-letting prospects.
- Offers invited at £1,300,000 to show an initial yield of 7.62% and a reversionary yield of 8.57% before costs
Reference No: 11823
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Location
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