Retail property, Nottingham, Great Britain

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Retail property, Nottingham, Great Britain

24,100,000 £
1,358 £ /m²
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  • Total area
    17,743 m²
  • Yield
    6.0 %
  • Rental rate (m²/month)
    6 £
Details
Property parameters
  • 6-floor building
Financial performance
  • Annual income: 1,415,832 £

Retail premises in the six-storey building.

Description

Total area of the retail property is 17,743 m²

Property occupies four stories of the building, from the ground floor to the third floor.

Floors of the building are connected by escalators.

Type of ownership: Freehold.

Financial performance

Absolute annual income is 1,436,877 £.

The current yield of 6%.

Tenants

The tenant is large clothing store chain.

The lease agreement is valid through 2040.

The agreement stipulates the rental payment indexation by 3% annualy thorugh 2020 and subsequent revaluation every 5 years.

Location and nearby infrastructure

Property situated in the central part of Nottingham, on the shopping street with high pedestrian traffic. There are restaurants, a theatre, hotels and public transport stops located close to the building.

  • Property on the map
    Location right down to the building, street or city

More properties

If this property wasn’t for you, take a look at other retail space for sale in the United Kingdom.

You can see more retail space for sale in Nottingham elsewhere on our website.

Statistics in Nottingham

Price per m², £
2,170
Healthcare efficiency level
75
Index 75 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
56
Index 56 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, £
Apartment in the city centre, m² 2,170.0
Apartment in a bedroom community, m² 1,647.3
Transport Price, £
Public transport, 1 ride 2.14
Monthly travel card 52.27
Taxi, 1 km 1.74
Petrol, 1 l 1.19
Food Price, £
Water, 1.5 l 1.0
Milk, 1 l 0.83
White bread, 500 g 0.93
Eggs, a dozen 1.65
Chicken fillet, 1 kg 5.48
Education Price, £
Kindergarten, per month 855.33
International school, per year 12,354.75
Health care index
Staff competence 72.06
Medical equipment 91.67
Research accuracy and completeness 73.33
Attitude towards patients 84.38
Security index
Crime rate 50.89
The risk of being robbed 46.82
The risk of car theft 44.55
The risk of break-in and property damage 53.57

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

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