Old Town Hall | Station Rd
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Old Town Hall Station Rd
13,249 SF 100% Leased Office Building Nottingham NG6 9AA £675,000 (£51/SF)
Investment Highlights
- Excellent town centre location with good access to J26 of the M1 Motorway via the A610
- The property occupies a prominent position fronting onto both Highbury Road and Station Road
- Revised planning application submitted for the conversion of second and third floors to 12 flats
Executive Summary
Let to four individual tenants providing an annual income of £44,222, with further potential scope to increase the rental return.
Part income producing Development Opportunity extending to approximately 13,249 sq ft
Part income producing Development Opportunity extending to approximately 13,249 sq ft
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
13,249 SF
Building Class
B
Year Built
1868
Price
£675,000
Price Per SF
£51
Percent Leased
100%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
3,312 SF
Slab to Slab
8 ft
Parking
6 Spaces (0.45 Spaces per 1,000 SF Leased)
Amenities
- EPC - E
- Demised WC facilities
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Old Town Hall | Station Rd
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