Summary - UNIT 1, FINCH CLOSE NG7 2NN
1 bed 1 bath Warehouse
**Standout Features:**
- Large warehouse investment: 588 sq m (6,329 sq ft) on a 0.46-acre site.
- Currently leased to Sandicliffe Ltd with a rent passing of £55,000 per annum until March 2033.
- Single-tenant with an excellent credit rating and potential for long-term investment.
- Prominent location near well-known businesses such as BMW and Ferrari.
- Excellent access to the A52 and Nottingham city center.
**Potential Downsides:**
- Lease is long leasehold with only 81 years remaining, requiring timely renewal.
- Above average crime rate in the vicinity.
- Current planning is limited to industrial use, but there is newly approved flexibility for change of use.
**Summary Description:**
Presenting a strategically located motor trade warehouse investment in Nottingham, this sizeable property offers a unique opportunity for investors seeking steady rental income. The building boasts a modern design with significant internal space for various industrial operations, complemented by ample off-street parking and loading areas. Currently let to Sandicliffe Ltd until 2033, this asset promises security with the potential for future appreciation. Located in a bustling commercial area with major nearby tenants, it is ideally positioned to attract ongoing business, but it's important to consider the necessity for a lease renewal due to the limited remaining term. With a price tag of £750,000 reflecting a strong yield, this property stands out as a lucrative investment option in a desirable, yet competitive market. Don’t miss your chance to own this prime commercial asset—opportunities like this aren’t available for long!
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