Investment for sale

The Birkin Building, 8 Broadway, Nottingham, Nottinghamshire, NG1 1PS

Back to search results

Contact Agent

Call Agent 0115 924 3243

Marketed by

Innes England Nottingham

NG2 Business Park, 2 The Triangle, Nottingham NG2 1AE, UK

Properties for sale Properties to let

Available

The Birkin Building, 8 Broadway, Nottingham, Nottinghamshire, NG1 1PS

1 of 9

Guide Price

£1,850,000

The Birkin Building, 8 Broadway, Nottingham, Nottinghamshire, NG1 1PS

17014 sq. ft (1580.65 m²)

Contact Agent Call Agent 0115 924 3243

Key features

NIA: 17,014 sq ft GIA: 21,393 sq ft
Rental income of £154,840 pa providing a low average rent of £12.53 psf
Net initial yield of 7.88% and reversionary yield of 11.71%

Description

The property is five storeys high, brick constructed and dates back to the original Lace Market development, constructed in the mid-1800's.
This is broadly an L-shape as it follows the curve and realignment of Broadway as it runs down to Stoney Street. This element provides two impressive entrances constructed from stone with bays above and also within the eastern most element is a decorative archway. The building also
benefits from a passenger lift.
Internally the property provides a variety of good quality office accommodation benefitting from ample natural light, with most offices benefitting from more recent fit outs but generally include perimeter trunking, good quality lighting and heating, as well as toilet and kitchen facilities.

Reference: 8670_sales

Download Sales Details

All commercial properties for sale in Nottingham

Marketed by

Innes England Nottingham

NG2 Business Park, 2 The Triangle, Nottingham NG2 1AE, UK

Properties for sale Properties to let