Commercial property for sale in Catherine House, 12 Woolpack Lane, Nottingham NG1

Offers in region of £5,500,000
Interested in this property? Call +44 1664 518993 * or Request Details

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Commercial property for sale

Property description

Key Points

  • Income producing circa £370k
  • Student investment fully let for the 50 week 2024 - 2025 year
  • Guide price £5.5m
  • Finance available sts
  • Positioned in Nottingham Lace Market near to the thriving restaurant and Leisure social scene in Hockley
  • Description

    48 Bedrooms over 4 floors and comprising:-
    12 x 1 bed Self Contained Studio's Circa £170-£180 per week
    3 x 3 bed Apartments Circa £157/week/room
    3 x 4 bed Apartments Circa £150/week/room
    3 x 5 bed Apartments Circa £135/week/room

    Location

    Well positioned in the City Centre close to the main Market Square, the property has good pedestrian
    access being within walking distance to the main bus station at the Broad Marsh Centre and approximately
    a 5 minute walk from Nottingham Train station. Nottingham is well positioned within the Midlands, with an estimated population of circa 280,000, the City can be accessed from 3 exits from the M1 (J24 in the South Via the newly built dual carriageway A453, J25 via the A52 at Derby, and J26 Via the A610 to the North) The A453 junction to the South of
    the City leads to Kegworth and Castle Donington, ideal for Nottingham East Midlands airport and Donington Race track.

    Viewings

    Viewing is strictly by prior appointment with the agents P & F Commercial Tel: Or . Viewing will only be agreed once basic terms have been agreed and proof of funds have been supplied.

    Terms

    Offered for sale as a going concern with tenants in situ. A full list of the tenants rental schedule is available upon request.

    Property info

    Arrange Viewing

    For more information about this property, please contact
    P & F Commercial, LE15 on +44 1664 518993 * (local rate)

    Contact P & F Commercial about this property

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by P & F Commercial, and do not constitute property particulars. Please contact P & F Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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