12 Toton Ln 2,664 SF 100% Leased Retail Building Nottingham NG9 7HA $373,070 ($140.04/SF) 3% Cap Rate

This highly visible landmark property in the centre of Stapleford offers a fantastic opportunity for investors and business owners alike. To the ground floor there is approximately 160sqm of internal space ran, until recently a successful bistro and coffee house and prior to that a bistro style restaurant with space for 50/60 covers and the benefit of an alcohol license. The ground floor offers a turn key restaurant or cafe business with a fully equipped commercial kitchen, as well as front of house counter.
The ground floor could also be put to other uses and enjoys a prominent street position in the centre of Stapleford.
To the first floor there is a self contained studio currently let out on a commercial lease at £700 PCM plus VAT until November 2024. The studio shares the customer toilets located on the first floor and has independent access at street level.
Whilst there is no designated car parking facility for the building, it is adjacent to a public car park and there is a larger car park on the opposite side of the road.
Situated on a highly visible position, just of the Roach traffic lights on the gateway into Stapleford town centre. Stapleford is an up and coming small town with a variety of national and independent retailers and recently having the benefit of a Government Levelling Up Grant of £21.1 million. The town sits between the neighbouring cities of Nottingham and Derby linked by the A52 (Brian Clough Way).

The property has been particularly well maintained and the ground floor is ready for immediate occupation. The freehold is for sale, subject to a tenancy agreement on the first floor and the purchase price is subject to VAT.