• Broker Andrew France 1522814663
  • Broker Max Johnson 07928507183

15 Castle Gate 8,525 SF 47% Leased Office Building Nottingham NG1 7AQ £1,250,000 (£146.63/SF) 3.27% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Nottingham is a major city in the East Midlands, within the heart of England with excellent transport links, rapid access to the Motorway system
  • Situated in one of the City's most desirable locations
  • The property occupies a prominent position within the pedestrianised section of Castle Gate between its junctions with Albert Street / Lister Gate

EXECUTIVE SUMMARY

Currently producing £40,863.21 per annum. Freehold, subject to existing tenancies upon completion. Title: NT187187.
Guide Price upon application.

ATTACHMENTS

Brochure

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
8,525 SF
Building Class
B
Year Built/Renovated
1900/1980
Price
£1,250,000
Price Per SF
£146.63
Net Initial Yield
3.27%
NOI
£40,863
Percent Leased
47%
Tenancy
Multiple
Number of Floors
5
Typical Floor Size
1,705 SF
Slab to Slab
9 ft
Building FAR
0.85
Lot Size
0.23 AC
Parking
12 Spaces (1.41 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Raised Floor
  • EPC - C
  • Storage Space
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 2,322 SF
  • Office
  • Full Build-Out
  • Now
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Suites are available to let upon net effective full repairing and insuring leases for a term to be agreed. Guide rents and current service charges upon application.

  • 3rd Floor
  • 2,221 SF
  • Office
  • Full Build-Out
  • Now
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Suites are available to let upon net effective full repairing and insuring leases for a term to be agreed. Guide rents and current service charges upon application.

Space Size Space Use Condition Available
1st Floor 2,322 SF Office Full Build-Out Now
3rd Floor 2,221 SF Office Full Build-Out Now

1st Floor

Size
2,322 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Floor

Size
2,221 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

MAP

ADDITIONAL PHOTOS

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