property
For Sale By Auction - Tuesday 17th December 2013
At Nottingham Racecourse, Colwick Park, Nottingham NG2 4BE
Commencing at 11.30 am
Mixed use commercial /residential investment property
Currently achieving £16,200 p.a. with scope to achieve over £30,000 p.a.
Rarely available opportunity in a prominent location
EPC Rating: tbc
A rarely available opportunity to acquire a large, mixed use investment property in a prominent City Centre location. The property currently generates an income of £16,200 p.a. but has the potential to achieve well in excess of £30,000 p.a. The property comprises two commercial units and four residential flats.
The accommodation in more detail:
3 Ilkeston Road:
Currently let to Inkland Tattoo Parlour at a rent of £500 pcm on a 12 month license. The tenants have requested a further 12 month license.
5 Ilkeston Road:
Split into four residential flats with a communal entrance.
Flat 1 - vacant.
Flat 2 - Let on a 6 month AST achieving £425 pcm
Flat 3 - Let on a 6 month AST achieving £425 pcm
Flat 4 - vacant.
7 & 9 Ilkeston Road:
A double fronted commercial unit with basement. Recently let as a caf
