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342 Carlton Hl 285 SF Retail Building Nottingham NG4 1JD $345,228 ($1,211.32/SF) 7.98% Cap Rate
Investment Highlights
- Prominent position on Carlton Hill
- Good footfall
- High quality fit-out throughout
Executive Summary
The ground floor is a self-contained retail unit occupied and operated by ‘Project Pies‘, an established pie maker. The sales area boasts a modern high-quality fit-out with a complete bifolding frontage, the rear is fitted out to provide kitchen bakery and provides further ancillary stores and welfare facilities.
To the first floor, there is a modern, well maintained threebedroom flat spread over 2 storeys consisting of a living room/kitchen diner and a modern bathroom suite. The flat is currently rented out on an AST to private tenants.
To the first floor, there is a modern, well maintained threebedroom flat spread over 2 storeys consisting of a living room/kitchen diner and a modern bathroom suite. The flat is currently rented out on an AST to private tenants.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
285 SF
Building Class
C
Year Built
1990
Price
$345,228
Price Per SF
$1,211.32
Cap Rate
7.98%
NOI
$27,549
Tenancy
Single
Building Height
2 Stories
Frontage
8’ on Carlton Hill
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Nearby Major Retailers
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342 Carlton Hl
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