Victorian investment block with independent flats, tenant income and nearby parking access.
Income-producing mixed-use building generating £37,420 PAX
A substantial Victorian mixed-use investment in a busy student‑focused area of Nottingham, arranged as ground-floor retail with two self-contained flats above. The block extends to about 1,795 sq ft and currently produces a combined rental income of £37,420 per annum; the retail unit is on a 10‑year lease from June 2018 and the two flats are let on assured shorthold tenancies.
The building benefits from independent rear access to each flat, off-street parking adjacent (note: parking area is not in the title), fast broadband and excellent mobile signal — useful for tenant retention and short-let demand from the nearby university population. Planning consent exists for the property’s current mixed use, and VAT is not applicable to the asking price.
Important considerations for investors: the retail lease runs to June 2028, both flats are ASTs (turnover risk), and the property sits in a deprived, higher‑crime neighbourhood classified for student occupancy, which may affect yields, void risk and management costs. The plot is small and there is no private garden. Interested parties should confirm services, energy performance, and current tenancy details before offer.
High street retail property for sale in 2 High Street & 3 Victoria Street, Nottingham, Nottinghamshire, NG1 — £3,250,000 • 15 bed • 1 bath • 2400 ft²
Land for sale in Mansfield Road, Nottingham, NG1 — £2,100,000 • 1 bed • 1 bath
High street retail property for sale in Derby Road, Nottingham, Nottinghamshire, NG1 — £250,000 • 1 bed • 1 bath • 2868 ft²
10 bedroom mixed use property for sale in Radford Road, Nottingham, Nottinghamshire, NG7 — £1,600,000 • 10 bed • 1 bath • 4184 ft²
14 bedroom mixed use property for sale in 96-98 Derby Road, Nottingham, Nottinghamshire, NG1 — POA • 14 bed • 1 bath • 15669 ft²
High street retail property for sale in 103 Ilkeston Road, Radford, Nottingham, Nottinghamshire, NG7 — £225,000 • 1 bed • 1 bath • 1410 ft²














































































