£1,400,000
(£570.73/sq. ft)
Retail premises for sale18-20 Clumber Street, 18-20 Clumber Street, Nottingham NG1
2,453 sq. ft
About this property
Investment
Freehold retail investment for sale in the heart of Nottingham City Centre, suitable for a private investor or sipp purchaser
Let in its entirety to Mexican Grill Limited trading as Tortilla on a lease expiring 30.08.2030 at £110,000 pa
The property is under-let in its entirety to Phone Gadget Limited at a rent of £92,500 pa (£146.27 Zone A)
Offers invited at £1,400,000 to show an initial yield of 7.4%, a reversionary yield of 6.22% and an equivalent yield of 6.5% net of purchasers’ costs
Freehold retail investment for sale in the heart of Nottingham City Centre, suitable for a private investor or sipp purchaser
Let in its entirety to Mexican Grill Limited trading as Tortilla on a lease expiring 30.08.2030 at £110,000 pa
The property is under-let in its entirety to Phone Gadget Limited at a rent of £92,500 pa (£146.27 Zone A)
Offers invited at £1,400,000 to show an initial yield of 7.4%, a reversionary yield of 6.22% and an equivalent yield of 6.5% net of purchasers’ costs
Mortgage calculator
Monthly repayment
£7,003 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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