116 Wollaton Rd 259 SF 100% Leased Retail Building Beeston NG9 2PE $456,487 CAD ($1,762.50 CAD/SF) 9% Cap Rate

An interesting opportunity has arisen to purchase a freehold mixed used residential commercial investment property.
This prominent building, will be known locally by many as 'Keith's Hairdressers', situated on a prominent position on the main road leading into Beeston town centre.
With accommodation over three floors, the ground floor is currently let to a barbers, on a five year lease until 2028, with a current rent passing of £13,000 pa, rising to £14,000 pa in 2026/2027 and £15,000 pa in 20227/2028.
Over the first and second floor is a self-contained two-double bedroom duplex apartment, currently vacant with a potential income of £900 per calendar month.
Offering a potential gross yield of around 9% based on annual income of £25,000, this is a great opportunity for both seasoned property investors and those looking to start a portfolio, and for more information and to view, please contact our Beeston Sales Branch.