Marketed by
FHP
Nottingham
10 Oxford St, Nottingham NG1 5BH, UK
Available
1 of 5
£400,000
8 - 10 High Street, 8 - 10 High Street, Somercotes, Derbyshire, DE55 4HD
3903 sq. ft (362.6 m²)
Description
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- Detached automotive workshop premises with large yard area
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- Situated on a visible roadside position prominently on High Steet, Somercotes
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- Let to Easy Autocentres Ltd (a subsidiary of the Goodyear Tire & Rubber Company)
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- Let on a 10 year lease from October 2024 with a break clause in January 2029
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- Producing £25,500 per annum (£6.50 per ft²) below ERV of £9.00 per ft²
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- Price £400,000 reflecting a net initial yield of 6.14% & reversionary yield of 8.42%
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Reference: 92343
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Marketed by
FHP
Nottingham
10 Oxford St, Nottingham NG1 5BH, UK
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Available
- Photos available 2
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Guide Price
£310,000
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Marketed by
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Marketed by
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