Queens Rd E
Beeston NG9 2FE
Mecca Bingo & Home Bargains · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Nottingham has one of the largest student populations in the UK with over 60,000 students
- Let to national operators Home Bargains and Mecca Bingo, who have traded for 14 & 16 years respectively
- Close to the main campus of Nottingham University
EXECUTIVE SUMMARY
Seeking offers in excess of £4,230,000 (Four Million, Two Hundred and Thirty Thousand Pounds) subject to contract and exclusive of VAT. This reflects an attractive Net Initial Yield of 8.50% after allowing for purchasers costs of 6.55%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
40,038 SF
Building Class
B
Year Built
2009
Price
£4,230,000
Price Per SF
£105.65
Net Initial Yield
8.50%
NOI
£359,550
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
