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Nottingham – 9/9A Carlton Road, Nottinghamshire NG3 2DG

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Nottingham – 9/9A Carlton Road, Nottinghamshire NG3 2DG Nottingham – 9/9A Carlton Road, Nottinghamshire NG3 2DG Freehold Shop and Residential Investment Nottingham – 9/9A Carlton Road, Nottinghamshire NG3 2DG Freehold Shop and Residential Investment Investment Consideration: . Purchase Price: £125,000 . Gross Initial Yield: 6.67% . Rental Income: £8,340 p.a. VAT is NOT applicable to this property . Occupying a prominent roadside location . Convenient location, close to city centre . Comprises ground floor shop and a self-contained three-bedroom flat on the first and second floor . In a growth location with new developments nearby . Occupiers nearby include Motorpoint Arena, Pistachio, amongst other local traders Tenancies and Accommodation: Property Accommodation Lessee & Trade Term Current Rent £ p.a. Notes No. 9 Shop: 72.06 sq m (776 sq ft) Pantila Thai 5 years from £3,600 Note 1: FRI (Ground Floor Shop) Massage 1 June 2019 Note 2: Rent review on 01.06.20 and 01.06.22 No. 9A Flat - Comprises 3 Bedrooms, Living Room, Ktichen Individual 12 months £4,740 Note 1: AST (First/Second Floor Flat) and Bathroom since 2015 Note 2: Holding over 73 sq m (786 sq ft) Total £8,340 Nottingham – 9/9A Carlton Road, Nottinghamshire NG3 2DG Freehold Shop and Residential Investment Property Description: The property is arranged as a ground floor shop and a self-contained three-bedroom flat on the first and second floor. The property provides the following accommodation and dimensions: No. 9 (Ground Floor Shop): 72.06 sq m (776 sq ft) No. 9A (First/Second Floor Flat): 73 sq m (786 sq ft) Tenancy: The shop is at present let to Pantila Thai Massage for a term of 5 years from 1st June 2019 at a current rent of £3,600 per annum and the lease contains full repairing and insuring covenants. The lease provides for a rent review on the 1st June 2020 and 1st June 2022. The first/second floor residential flat is at present let on an AST to an individual for a term of 12 months since 2015 (Holding Over) at a current rent of £4,740 per annum. Location: Nottingham is a city in Nottinghamshire, England and has a population of 321,500. Part of the East Midlands region, it is 128 miles (206 km) north of London and 45 miles (72 km) northeast of Birmingham. To the west lies Derby, separated by the M1 motorway. Nottingham – 9/9A Carlton Road, Nottinghamshire NG3 2DG Freehold Shop and Residential Investment Contacts: To view copies of the leases, information on the title, other information, please contact Joseph Bachman or Prash Jaitley. Joseph Bachman – COO Prash Jaitley – Managing Partner M: +44(0)77236 19270 M: +44(0)79618 53166 E: [email protected] E: [email protected] Address: Blue Alpine Partners Limited Trading Address: 83c Ashley Gardens, Thirleby Road, London, SW1P 1HG Registered Address: Suite 115, Devonshire House, Manor Way, Borehamwood, Hertfordshire, WD6 1QQ Disclaimer: Blue Alpine Partners prepares sales and letting particulars diligently and all reasonable steps are taken to ensure that they are correct. Neither a seller nor a landlord nor Blue Alpine Partners will, however, be under any liability to any purchaser or tenant or prospective purchaser or tenant in respect of them. If a property is unoccupied, Blue Alpine Partners may not have all the information required by a prospective purchaser or tenant in its possession, may not be able to obtain it and may not be able to verify all the information which it does hold. Prospective purchasers should make their own investigations before finalising any agreement to purchase or lease. .
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