Summary - Loft Self Storage, Portland Road, Hucknall, NG15 7SF NG15 7SF
1 bed 1 bath Light Industrial
**Standout Features:**
- **Size & Layout**: Expansive self-storage facility spanning 1,833 sq m (19,731 sq ft) on a massive 2.26-acre site.
- **Lease**: Secure 10-year lease with established tenant, Shredall (Loft Self Storage), generating £150,000 annual rent.
- **Investment Potential**: 6 years until tenant break clause; 9 years to lease expiry; potential for future development.
- **Construction**: Modern, well-maintained buildings with significant tenant investment in security and storage units.
- **Location**: Highly visible and accessible site on central Portland Road, just 8 miles from Nottingham.
**Potential Concerns:**
- **Current Use**: The property is solely a self-storage facility, which may limit versatility if alternative uses are desired.
- **Security**: While security measures are in place, the area's crime rate is noted as very high, which may concern some investors.
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This prominent self-storage facility in Hucknall is a lucrative investment opportunity for those seeking a stable income stream. Situated on a spacious 2.26-acre lot, the property includes four buildings that accommodate a diversified range of self-storage units, strategically leased to Shredall (Loft Self Storage) for the next decade. With an impressive annual rental income of £150,000, this investment reflects strong potential for appreciation and expansion, especially given its prime location near major retailers such as Aldi and Iceland.
The facilities, boasting modern enhancements and secure access, promise assurance for both personal and business storage needs. Buyers will appreciate the low site coverage of just 19%, indicating ample room for future development or additional features aligned with local demand. Hucknall's growing population and easy access to amenities further amplify its appeal.
This property is not just an investment; it's an opportunity to be part of a growing market with significant rental demand. With a proposal price of £2,100,000, now is the perfect time to secure this strategically located asset before it gains even more interest!
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