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Commercial investment property with 3 let shops
Kirkby in Ashfield, NG17 - Get Access
Description
An excellent investment opportunity comprising three let commercial shops and further potential to develop the upper floor. 43 Station Street generates £4,950 per annum under a tenancy from 01/05/2024 to 30/04/2027. 45 Station Street generates £6,350 per annum under a tenancy from 15/08/2022 to 14/08/2028. 47 Station Street generates £7,000 per annum under a tenancy from 18/10/2024 to 17/10/2030. The property provides a total combined income of £18,300 per annum, representing an attractive yield of 13.07%, with plenty of scope to improve and increase returns. Station Street offers excellent footfall and ideal transport connections with easy access to the A38 and M1, making commuting to Nottingham, Mansfield, and Derby straightforward.