£995,000
(£369.20/sq. ft)
Property for sale42, 44, 46 Middle Gate, Newark On Trent, Nottinghamshire NG24
2,695 sq. ft
Freehold
About this property
Total income of £101,300 (giy of 10.18%)
Ground floor split into 3 retails units producing a total of £42,500 per annum
First and second floors consist of an 8 bed HMO producing £58,800 per annum
Recently refurbished accommodation in excellent central location
He property consists of a substantial period building of Georgian architecture fronting onto Middle Gate. The building comprises of brick block elevations beneath a pitched slate covered roof. The property has undergone some extensive reconfiguration and refurbishment to provide three self-contained, ground floor, retail units together with an 8-bedroom HMO over the first and second floors.
Access to the residential element is via a designated central doorway on Middle Gate. The HMO flat has the benefit of a communal fully fitted kitchen on the first floor. The individual rooms benefit from electric heating. Each room is separately metered. Some rooms have the benefit of ensuite facilities and kitchen facilities.
Access to the residential element is via a designated central doorway on Middle Gate. The HMO flat has the benefit of a communal fully fitted kitchen on the first floor. The individual rooms benefit from electric heating. Each room is separately metered. Some rooms have the benefit of ensuite facilities and kitchen facilities.
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