Flat for sale in Nottingham NG9, 2 Bedroom

Investment property for sale: Ground floor retail unit let at £5,304 per annum. There is a two bedroom flat situated on first and second floors over, currently vacant and in need of full refurbishment. The property is situated on Chilwell High Road opposite to the Sid Standard cycle shop (Cycle Inn) on the corner of Hallcroft. This is an opportunity for an investor / developer looking for a mixed use investment in this popular independent retail location. To view of for more details, please contact cp Walker and Son.

Retail Unit
A ground floor retail unit providing 366 sq ft (34.0 sq. M) with basement storage area. There is an open sales area to the front with store to the rear and WC facilities. The floor plan attached shows the general arrangement.

The shop is let on a 3 years lease trading as The Beauty Lounge. The lease is let on internal repairing and insuring terms at a rent of £442 per calendar month.

Flat
There is a two bedroom flat situated above the retail unit on the first and second floors. Access to the flat is via a ground floor entrance off Hallcroft with staircase up to the first floor. There is a bathroom, kitchen and large living room on the first floor and two bedroom on the second floor.

The floor plan attached to these details show the general layout of the flat. The flat is currently vacant and in need of general cosmetic refurbishment to improvement the presentation.

Ground floor entrance to flat

Bathroom 2.02m (6'8) x 2.49m (8'2)

Kitchen 3.64m (11'11) x 3.14m (10'4)

Living room 3.96m (13') x 5.08m (16'8)

Bedroom 1 3.61m (11'10) x 3.16m (10'4)

Bedroom 2 3.95m (13') x 5.08m (16'8)

Double Glazing
The property was uPVC double glazed windows.

Heating
There is a gas fired central heating system

Tenancies
The retail unit is let on a 3 year lease on iri terms at a rent of £442 per calendar month.

The flat is currently vacant.

Terms
The investment is available to purchase at £155,000.

Further Information and Viewings
For more information or to view the property, contact Julie Sumner in our Commercial Property Department on Direct Line: Or by email at . Viewing is by prior arrangement.

EPC Rating
The EPC Rating of the shop is E: 107

The EPC Rating of the flat is F:23