For Sale, 4 Bed Mixed Use 

Radford Road, Nottingham

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Features

  • Mixed use retail and residential
  • Income producing investment
  • Retail plus 2 x Residential units
  • Flat 356a rental income of £600 pcm
  • Sold with tenants in situ
  • Flat 358a rental income: TBC
  • Accommodation over three storeys
  • Freehold
  • Separate rear access to flats
  • Busy location on Radford Road

Quick Details

4 Bedrooms

Address

356/358 Radford RoadNottinghamNottinghamshireNG7 5GQ
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Property Details

•Mixed use retail and residential
•Double fronted retail unit & 2 x Residential units
•Separate rear access to flats
•Accommodation over ground and three upper floors.
•Income producing investment
•Flat 356a rental income of £600 pcm

A mixed use retail and residential investment opportunity, comprising of a double fronted retail unit with residential accommodation to the upper floors.

The property is arranged over ground, and three upper floors. Access to the flats is available to the rear of the property off Goodliffe Street.

The property occupies a busy position on Radford Road in Nottingham, approximately two miles to the north west of the city centre. Radford Road runs south towards Hyson Green, over Gregory Boulevard into Bentinck Road and in a northerly direction until it meets Western Boulevard (A6514).

Please be advised that we have not had access to the retail units or Flat 358a.

Description

The property comprises of a double fronted retail unit and two flats. The retail units front Radford Road and are occupied by one tenant. Both units have roller shutters to the front elevation.

Flat 356a is accessed via a set of stairs to the rear of the property at ground floor level. Stairs lead to the first floor, where upon entering the apartment there is a bathroom fitted with; a bath with electric over head shower, W.C and wash hand basin. Further along the corridor is the kitchen which is adjacent to the living room. The kitchen is fitted with base and eye level units, a free standing gas hob and oven and tiled splash backs. The living room over looks Radford Road and benefits from good natural light.

A set of stairs lead from the first floor living space to the second floor where there are two double bedrooms. There is third bedroom within the attic conversion.

There is gas central heating and double glazing. The property presents well internally and is neutrally decorated.

Tenure

Freehold

Floor Area - Retail Unit (356-358)

Net Internal Floor Area:
73.8 m2/ 795 sq2 (Taken from VOA)

Floor Area - Flat 356a

Gross Internal Floor Area:
85.5 m2/ 920 ft2

Floor Area - Flat 358a

Not measured.

Rental Income

Retail Unit 356-358 - TBC
Flat 356a - £600 pcm inclusive of council tax
Flat 358a - TBC

Business Rates

356-358 Radford Road - the current rateable value is £10,000

Council Tax

Flat 356a is within council tax band A
Flat 358a is within council tax band A

Viewings

Please contact a member of John Pye Property on [email protected] to arrange an appointment.

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