25 Goose Gate - Storefront FOR SALE


Nottingham, NTT NG1 1FE
$400,000 USD
115-979-3491
25 Goose Gate, Nottingham, NTT for Sale
$400,000 USD
Storefront - FOR SALE
1/10
null | 7.2% Cap Rate

25 Goose Gate
Nottingham, NTT NG1 1FE


HIGHLIGHTS

  • Fully let to RO RO RI Limited trading as Pogo
  • Unexpired lease term of 3 years 10 months
  • Landlord owned Fixtures and Fittings

OVERVIEW

The property comprises a three storey, mid-terrace retail unit with pitched slate roof. The ground floor has been extended at the rear to create a larger sales area and the first and second floors being representative of the original building layout. The property is currently fully fitted as a Cocktail Bar with seating at ground and first floor level with associated back of house and staff facilities on the second floor. In the basement there is a cellar, storage and additional toilets. Quoting price of £400,000 reflects a net initial yield of 7.2% assuming Purchaser’s Costs of 4.18%

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$171 USD /SF

CAP RATE

7.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1911

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Will TorrHeb Surveyors (Nottingham) LLPMore Info
115-979-3491

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Will TorrHeb Surveyors (Nottingham) LLPMore Info
115-979-3491

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.