Retail premises for sale in 77 Front Street, Arnold, Nottingham NG5
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Property description
Investment
Prime located retail investment in Arnold, Nottingham, let entirely to Iceland Foods Limited
Highly prominent retail unit in busy market town of Arnold, Nottingham
Entirely let to Iceland Foods Limited on a lease expiring 2030, no breaks
Current rent £135,359 per annum, rising to a minimum of £153,146 per annum on 28th February 2025
Nearby operators include Savers, Costa, Boyes, Co-op Travel and Boots.
Offers are invited at £1,425,000 to show a net initial yield of 8.91% and a reversionary yield of 10.08% net after costs.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
FHP, NG1 on +44 115 774 9117 * (local rate)
Disclaimer
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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