Rare Mixed Use Building For Sale, Houseman Gardens

The property is situated on the edge of Nottingham city centre in The Meadows area. It is accessed from Houseman Gardens and fronts Queens Walk, the Queens Drive Recreation Ground and tram stop straight into Nottingham city centre. The immediate area is

predominantly a residential location with the Bridgeway Centre shopping precinct also close by. The property has a westerly orientation giving it a pleasant outlook with full evening sun overlooking the recreation ground. There is footfall to the Queens Walk elevation with people walking to and from Nottingham city centre and tram passengers. Nottingham Train Station is situated

just 0.5 miles away to the north along with the new HMRC regional HQ and several new PBSA buildings.

This is a unique property which has undergone full refurbishment by the sellers. It comprises a vacant ground floor commercial unit that has been part fitted as a café/bar but could be suited to alternative uses (STP). The upper floors consist of 2 high specification apartments both providing quality accommodation with open plan kitchen/dining/living areas and 4 double bedrooms. Both apartments benefit from westerly facing balconies overlooking Queens Drive Recreation Ground. The property is situated behind electric gates accessed from Houseman Gardens, with 3 demised parking spaces.

The ground floor commercial unit fronts Queens Walk and overlooks Queens Drive Recreation Ground. It has been part fitted as a bar/café/restaurant and would be well suited to this use - either to be let or owner occupied. It would be suitable for a variety of other uses including retail, office or community uses (STP). FHP estimate the rental value to be in the region of £20,000 - £25,000 per annum exclusive.

The upper floors have been converted into 2x high specification apartments over the first and second floor. Both apartments are fitted to a high standard with westerly facing balconies overlooking the Recreation Ground. The individual marketing value of the apartments has been assessed by FHP Living at £280,000 - £300,000 each, with rental values in the region of £1,200 - £1,300 

These sales particulars have been prepared by FHP Living on the instruction of the vendor. Services, equipment and fittings mentioned in these particulars have NOT been tested, and as such, no warranties can be given. Prospective purchasers are advised to make their own enquiries regarding such matters. These sales particulars are produced in good faith and are not intended to form part of a contract. Whilst FHP Living have taken care in obtaining internal measurements, they should only be regarded as approximate.

Purchaser information - Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, FHP Living require any successful purchasers proceeding with a purchase to provide two forms of identification i.e. passport or photocard driving license and a recent utility bill. This evidence will be required prior to FHP Living instructing solicitors in the purchase or the sale of a property.