It is an office building in a commercial area of the city.
Description
The total area of the three-story building is 882 m².
The ground floor accomodates customer area and offices, the first floor accomodates offices, the second floor has auxillary rooms. The ground floor also has a large glass frontage.
The building has been refubrished in 2011, in is possible to change the interior planning.
Tenure: Freehold.
The property is fully leased out to major bank.
Absolute income is 210,000 £.
The current yield of 6,3%.
Purchaser's costs of 5,8%.
Tenant is one of the major British banks with an annual income of more than 25 £ million.
The lease agreement is signed for 15 years until 2026. All operating and insurance costs are borne by the tenant.
The property is situated on a pedestrian street in the commercial district.
There are many shopping malls, shops, restaurants and cafes around.
The bus stop is within the walking distance.
Nottingham is 21 km away, Birmingham is 56 km away, London is 206 km away.
