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Old Town Hall Station Rd 13,249 SF 100% Leased Office Building Nottingham NG6 9AA $632,937 ($47.77/SF)
Investment Highlights
- Freehold four-storey town hall with multi-let income and development potential
- Prime location near Bulwell Train Station and 5 minutes from M1 J26
- Full planning permission for 12 apartments across upper floors
Executive Summary
This substantial freehold property comprises a four-storey multi-let town hall extending to 13,249 sq ft, currently generating a total rent of £44,222 per annum. The building includes ground and first-floor commercial space and second and third floors with full planning permission for 12 apartments (Planning Ref: 23/00955/PFUL3). The property benefits from no Section 106 contributions, making it an attractive investment and development opportunity. Guide price: £474,000+.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Office
Tenure
Freehold
Building Size
13,249 SF
Building Class
C
Year Built
1868
Price
$632,937
Price Per SF
$47.77
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
3,312 SF
Slab To Slab
8’
Parking
6 Spaces (0.45 Spaces per 1,000 SF Leased)
Amenities
- Commuter Rail
- Energy Performance Rating - E
- Demised WC facilities
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Old Town Hall | Station Rd
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