Map & Location

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Description

• Status: Available
• Type: Commercial

• Ownership: Freehold
• Occupation: Tenanted

• Rateable Value: Search

SUBSTANTIAL SIZED retail premises in busy Town Centre location. IMMEDIATE RETURN ON INVESTMENT - £27,000 PER ANNUM.

READY LET COMMERCIAL INVESTMENT. Currently LET to Shoe Zone at £27,000 PER ANNUM on FRI Lease.

EXCELLENT TRADING LOCATION*** Nearby occupiers include B&M, Greggs, Iceland, Costa Coffee, Poundland and Admiral Casino.

SUPER SIZE AND LOCATION*** TENANTED INVESTMENT OPPORTUNITY***

HIGH VOLUMES OF PASSING TRAFFIC*** Bulwell is a market town in the Nottingham district, in the county of Nottinghamshire, England.

EXCELLENT TRADING LOCATION*** Nearby occupiers include B&M, Greggs, Iceland, Costa Coffee, Poundland and Admiral Casino.

Bulwell is a market town and former civil parish in the Nottingham district, in the county of Nottinghamshire, England. It is 3 miles south-west of Hucknall and 4.5 miles to the north-west of Nottingham. Bustling area of Nottingham known for its excellent transport links.

Full Address: 203 Main Street, Shoe Zone Investment, Bulwell, Nottingham, NG6 8EZ

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: until September 2025
Rent: £27,000 per year / £2,250 per month
Yield: 8% (approx)
Tenant: Company
Notes:

Document Downloads

Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £360,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

• 10% Deposit
• Standard Completion
• Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Auction Details

Date & Time: 14 November 2024, 10am-3pm
Type: Timed Online Auction

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