Commercial property for sale in 12-16 Lower Parliament Street, 12-16 Lower Parliament Street, Nottingham NG1

Offers over £4,650,000 (£503.9/sq. ft)
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Commercial property for sale

9,228 sq. ft*

Property description

Investment

Freehold Bank and Student Investment in Historic Nottingham

Ground floor commercial let to Lloyds Bank plc at a current rent of £130,000 per annum.

Upper parts comprise 18 studios and 2 one bed flats

Fully let for academic year 2018/19

Current gross rent passing of £177,250 per annum

Student accommodation 100% pre-let academic year 2019/20

Overall Total Current Gross Rent: £307,250 per annum

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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FHP, NG1 on +44 115 774 9117 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by FHP, and do not constitute property particulars. Please contact FHP for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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