Summary - One Fletcher Gate, Nottingham, Nottinghamshire, NG1 2EX NG1 2EX
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime location in the bustling Lace Market area of Nottingham
- Strong rental income of £160,000 from established tenants
- Newly structured leases with LFR Leisure Ltd (Pizza Punks) and JP Holdings Midlands Ltd (Colombo Street)
- Notable 10.05% net initial yield (NIY)
- Proximity to major tram stops and extensive amenities
**Potential Concerns:**
- High crime rate in the local area
- Slow broadband speeds
- Urban setting might invite noise
This high street retail property at One Fletcher Gate, Nottingham, represents a lucrative investment opportunity in a vibrant, multicultural student neighborhood. Commanding a prominent position, this modern building showcases a striking red brick façade and expansive windows, ensuring excellent visibility and foot traffic for businesses on the ground floor. With an attractive rental income of £160,000, the newly signed leases with reputable tenants lend stability to this investment.
Situated close to essential transport links and a wealth of amenities, the property benefits from a youthful demographic, including approximately 75,000 students across two universities. While the urban setting adds energy and diversity, potential buyers should consider the area's higher crime rate and slower internet speeds. This property offers not just a chance to invest but also to enrich Nottingham's bustling retail landscape. Don't miss out on this exceptional opportunity—properties like this in such a lucrative location won’t last long!
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