Property Information
Address:
8 – 10 Bridlesmith Gate And 21 St Peters Gate, Nottingham, NG1 2GS
, NG1 2GS
Price: Property no longer available.
Size: 3687 sq ft342 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH618509
Property Ref/Agent: 8-10-bridlesmith-gate-and-21-st-peters-gate
*Please use the agent ref when calling the agent directly.
Property description
8 – 10 Bridlesmith Gate and 21 St Peters Gate
Nottingham, NG1 2GS
Prime retail investment in the heart of Nottingham City
Upper floors - 342.52m² (3,687ft²)
£2,350,000
Let to well established retailers The Bodyshop and Molton Brown
New lease to The Bodyshop from April 2019
Molton Brown lease expires April 2020
Potential reversionary income of £160,000 per annum
Strong demand for student/PRS accommodation for the upper floors
Offers invited at £2,350,000 to show an initial yield of 8.18% and a reversionary yield of 6.39% net of costs at 6.8%
Reference No:
8988
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