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Chapel Court Chapel Ln 2,525 SF Office Building Arnold NG5 7DR $415,219 CAD ($164.44 CAD/SF) 10.97% Cap Rate
Investment Highlights
- Detached multi let office building with annex
- The annex is let to an individual t/a Studio Mae
- Combined rent passing of £25,500 per annum
- Main building is let to Transitions Housing Solutions C.I.C and NSL Ltd
- NSL have not served their March 2026 Break Notice
Executive Summary
An opportunity to acquire a freehold detached three-storey office building & annex extending to a combined area of circa 2,525 sq ft located in the heart of Arnold town centre. Let to three tenants and producing a combined rent of £25,500 pa
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Office
Tenure
Freehold
Building Size
2,525 SF
Building Class
B
Year Built
1970
Price
$415,219 CAD
Price Per SF
$164.44 CAD
Cap Rate
10.97%
NOI
$45,550 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,263 SF
Parking
6 Spaces (2.38 Spaces per 1,000 SF Leased)
Amenities
- Courtyard
- Fenced Lot
- Accent Lighting
- Storage Space
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