70-74 St. James’s Street

St. James's Street, Nottingham, NG1 6FJ

7,000 - 8,000 SqFt
For sale price: On Application
Buy Investment

Location:

The property is located at the west end of St James Street. St James Street runs off Maid Marion Way on the west edge of Nottingham city centre. The property is approximately 2 ½ miles from the University of Nottingham and approximately ½ mile from Nottingham Trent University.

Businesses close to the property include The Britannia Hotel, St James’s Hotel, Tesco Express and an NCP car park.

Description:

The property comprises of 3 neighbouring Grade II Listed Georgian buildings accommodating 47 No. student bedrooms with associated kitchens, bathrooms and communal areas. Floor plans are appended to the rear of these particulars.

Additional Land:

There is the possibility to also acquire through negotiation further land to the rear which the vendor believes has significant development potential.

  • Gross Income Year 2018/2019 is £213,913
  • Projected Income for 2019/2020 is £229,000
  • Fully Let for 2018/2019 academic year
  • 70% let for the 2019/2020 academic year
  • Business to be sold a as going concern
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