Summary - Chapel Court NG5 7DR
1 bed 1 bath Office
**Standout Features:**
- **Detached Multi-Let Office Building**: Total size of 234 sq m (2,525 sq ft).
- **Tenanted Spaces**: Main building leased to Transitions Housing Solutions C.I.C and NSL Ltd; Annex occupied by Studio Mae beauty salon.
- **Yield Potential**: Combined annual rent of £25,500, representing a solid investment opportunity with a yield of 7.02%.
- **Location**: Centrally located in Arnold, just four miles from Nottingham city center, surrounded by mixed-use commercial and residential properties.
**Summary:**
This detached multi-let office building, expertly situated in the vibrant heart of Arnold, offers an excellent investment opportunity with strong rental income. With two well-established tenants occupying the main building, and an appealing annex suited for beauty services, the property ensures steady cash flow. The total net internal area of 234 sq m encompasses functional office spaces conducive to various businesses, including shared kitchen and restroom facilities.
The location benefits from high foot traffic and nearby amenities, making it accessible for both employees and clients. Additionally, residents will appreciate the presence of major retailers and essential services in close proximity, including a dominant Asda food store and Arnold's prime shopping district.
While the property holds considerable merit, potential buyers should note the average EPC ratings and the need for a six-month rent deposit from the annex tenant, along with service charge allocations among the commercial leases. The freehold nature of the property offers future flexibility for possible renovations or extensions.
Don't miss out on this unique opportunity to secure a profitable commercial asset in a rapidly developing area.
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