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Gedling Road, Arnold, Nottingham

Guide Price
£180,000
For Sale
  • ionicons-v5-g 1
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Key Features

  • Check Retail Premises with Apartment Above

  • Check Situated on Gedling Road Arnold

  • Check Retail Unit with Use Class a1

  • Check Shop Ran as a Hairdressers

  • Check Potential Annual Rent Circa £16,200

  • Check Pay and Display Car Park Opposite

  • Check No Upward Chain

  • Check GUIDE PRICE - £180,000 - £200,000

Request Viewing

Property Details

SALES AREA (7.44 x 4.65)

Tiled flooring. Radiator. Single glazed windows and door to the shop front. Ceiling fans. Plumbing for a washing machine. Sink units. Door to hallway.

HALLWAY

Doors to W.C, Kitchen and cupboard.

W.C

Low level flush toilet. Wall mounted sink unit. Window to the rear.

KITCHEN (3.89 x 1.75)

Door and window to the side elevation. Wall mounted gas combination boiler. Sink unit.

FIRST FLOOR FLAT - KITCHEN (0.41 x 2.95)

Doors to two hallways. A range of base and wall units. Window to the side elevation.

HALLWAY

With large walk in cupboard housing gas combination boiler. Door to the Lounge.

LOUNGE (4.37 x 3.56)

Windows to the front and side elevation. Radiator.

HALLWAY

Door to the Shower Room. Stairs to the first floor.

SECOND FLOOR BEDROOM (3.15 x 4.01)

Window to the side elevation. Roof window to the rear. Radiator.

EXTERIOR

Rear yard.

TENURE

The property is available to purchase on a freehold basis subject to existing tenancies.
The ground floor retail unit is currently run as a hairdressers and barbers achieving £10,200 per annum.
The first floor apartment is let on assured shorthold tenancy on a statutory periodic basis. The tenant is currently paying £390 pcm (£4680) however with an update the apartment should be able to achieve £600 pcm (£7200)
Interested parties are advised to seek their own legal and professional advice.

RATES

The property is currently listed as a shop and premises and has a rateable value of £5,600. Subject to status the tenant might qualify for 100% rates relief. Source: VOA

Location

Floorplan

EPC

Property EPC