2 Bedroom Mixed Use For Sale   |   Gedling Road, Arnold, Nottingham, NG5 6PD   |    £500,000

Summary

Freehold Investment Opportunity; Fully Tenanted Mixed-Use Property

An excellent opportunity to acquire a fully tenanted freehold investment comprising a modern ground floor commercial unit and a high-specification residential apartment above.

The ground floor is currently occupied by a well-established dance studio, generating an annual rental income of £14,000. The tenants are long-standing, and the property is maintained to an exceptional standard, reflecting the care and pride taken by the occupiers.

The first-floor apartment offers two spacious bedrooms, one modern bathroom, and a stunning open-plan kitchen, dining, and living area with vaulted ceilings. The apartment has been finished to a high specification and is occupied by reliable, long-standing tenants on a rental of £14,340 per annum, with one year remaining on the current lease.

Externally, the property benefits from a private garage, dedicated parking to the rear, and additional public parking to the front, where you"ll also find a variety of local shops and convenience stores, enhancing the appeal of the location for both tenants and investors.

This is a fantastic long-term investment opportunity offering immediate income and security from established tenants in both the commercial and residential elements.
Investment Summary:

Total Annual Income: £28,340

Tenure: Freehold

Tenants: Long-standing and reliable

Use: Mixed-use (commercial and residential)

Garages: a private garage plus parking

Energy Efficiency

Additional Information

For further information on this property please call 01157342000 or e-mail enquiries@lester-bingley.co.uk