GREAT INVESTMENT OPPORTUNITY...
This large shop, accompanied by two apartments above, is now available on the market offering great investment potential for investors and business owners alike. The vacant shop is expected to generate an annual rental income of an approximately £25,000. Additionally, both soon to be fully occupied apartments will achieve a monthly rental income of £650 per apartment producing an annual rental yield of approx 8%. The ground floor of the premises boasts a spacious retail unit with a prominent glazed frontage, perfect for showcasing products and attracting customers. Beyond the display room, you'll find a large open plan sales area, providing ample space for various business ventures. Additionally, the ground floor includes a partitioned office, W/C, and storage facilities to cater to your operational needs. There is also access to a cellar, divided into three sections, offering further storage options. The first floor of the property houses two separate one-bedroom apartments. Each apartment features a comfortable double bedroom, an open plan kitchen and living area, and a well-appointed bathroom suite. These apartments present a great opportunity for rental income or owner accommodation. Situated in a prime location on Arnold High Street, this property benefits from its proximity to the prime retail area and excellent transport links. Convenient bus links provide easy access in and out of the City Centre, ensuring high visibility and accessibility for potential customers and residents.
FOR SALE - COMPLETE BUILDING WITH GROUND FLOOR RENT ONLY AT £25,000 P.A
Entrance (2.73m x 1.02m)
The entrance hall has carpeted flooring, ceiling tiles with strip lights and double UPVC doors providing access into the shop and showroom
Front Showroom (7.48m max x 6.32m max)
The front showroom has carpeted flooring, full-height UPVC double-glazed windows to the front elevation, ceiling tiles with strip lights and two wall-mounted electric heaters
Office (4.58m x 2.25m)
The office has carpeted flooring, ceiling tiles with strip lights and access to the cellar
Kitchen (4.06m x 1.47m)
The kitchen has fitted wall units, space for a fridge, ceiling tiles and strip lights
Bin Store (2.35m x 1.03m)
This space has carpeted flooring
Back Showroom (8.65m x 14.35m)
The showroom has carpeted flooring, ceiling strip lights, exposed brick pillars and two wall-mounted electric heaters
W/C (1.74m x 0.91m)
This space has a low level flush W/C, a wall-mounted wash basin and an extractor fan
Warehouse (8.63m x 1.82m)
The warehouse has a panelled ceiling and double doors into the showroom
Cellar (3.08m x 1.99m)
Cellar (2.93m x 2.07m)
Cellar (2.63m x 2.07m)
Entrance to Flats
FLAT B ENTRANCE
The entrance to flat b has wood-effect flooring, a wall-mounted security intercom system and provides access into the accommodation
Kitchen Living Space (4.23m x 4.21m)
The open plan kitchen and living area has a range of fitted base and wall units with a worktop, a stainless steel sink with a mixer taps and drainer, space and plumbing for a washing machine, space for a fridge freezer, wood-effect flooring, tiled splashback, a wall-mounted electric heater, a TV point and a UPVC double-glazed window to the rear elevation
Bathroom (1.90m x 1.87m)
The bathroom has a low level flush W/C, a pedestal wash basin, a panelled bath with an overhead shower fixture, fully tiled walls, wood-effect flooring, an extractor fan and a UPVC double-glazed obscure window to the rear elevation
Bedroom (4.28m x 2.61m)
The bedroom has a UPVC double-glazed window to the rear elevation, wood-effect flooring, a TV point and a wall-mounted electric heater
FLAT A ENTRANCE
The entrance to flat a has carpeted flooring, a wall-mounted security intercom system and provides access into the accommodation
Kitchen Living Space (4.40m x 4.14m)
The open plan kitchen and living area has a range of fitted base and wall units with a worktop, a stainless steel sink with a mixer taps and drainer, space and plumbing for a washing machine, space for a fridge freezer, carpeted flooring, tiled splashback, a wall-mounted electric heater, a TV point and two UPVC double-glazed windows to the front elevation
Bathroom (2.26m x 1.70m)
The bathroom has a low level flush W/C, a pedestal wash basin, a panelled bath with an overhead shower fixture, fully tiled walls, wood-effect flooring, a heated towel rail, an extractor fan and a UPVC double-glazed obscure window to the front elevation
Bedroom (3.42m x 3.57m)
The bedroom has a UPVC double-glazed window to the front elevation, carpeted flooring, a TV point and a wall-mounted electric heater
Council Tax Band Rating - Gedling Borough Council - Band A
This information was obtained through the directgov website. HoldenCopley offer no guarantee as to the accuracy of this information, we advise you to make further checks to confirm you are satisfied before entering into any agreement to purchase.
The vendor has advised the following:
Property Tenure is Freehold
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