Office, Storage Room & 2 Parking Spaces, St. Marys Court, 21 St. Marys Gate, Nottingham, NG1 1AY

Description

A rare opportunity to acquire an office, separate storage facility & 2 secure parking spaces all located within St Mary's Court apartment scheme & the NCP multi-storey car park in the heart of Nottingham City Centre. A rare opportunity to acquire an office, separate storage facility & 2 secure parking spaces

Accommodation / Key Property Details

• Situated in a prominent position on St Mary's Gate in the heart of Nottingham City Centre
• Ideal for owner operators & investors A rare opportunity to acquire an office, separate storage facility & 2 secure parking spaces all located within St Mary's Court apartment scheme & the NCP multi-storey car park in the heart of Nottingham City Centre.
• Located in the heart of Nottingham City Centre
• Situated in a prominent position on St Mary's Gate
• Within easy reach of the Lace Market Tram Stop
• Walking distance to a variety of City Centre amenities
• 10-minute walk to Nottingham Train Station
• Close to the Motorpoint Arena & National Ice Centre
• 0.5 miles from Nottingham Trent University campus

Location

Office, Storage Room & 2 Parking Spaces, St. Marys Court, 21 St. Marys Gate, Nottingham, NG1 1AY

Tenure

Leasehold; verify title, lease terms, rights, covenants, easements and special conditions in the legal pack.

Auction Information

Investment Analysis

Investment Snapshot

Market Comparables

The auction particulars are the primary factual source for this sheet. HB value screens are desktop estimates only. Before bidding, verify recent Land Registry sales or specialist commercial/land transactions matching the same micro-location, tenure, size, condition and use.

Proposed Works

HB desktop allowance: £9,000. Confirm scope through inspection, survey and contractor/QS pricing.

Rental Value

No passing/ERV figure extracted from source particulars. No unsupported market rent has been presented as achieved income.

Low / Base / High Investment Scenario

BTL Analysis

Obtain genuine local rental comparables before relying on a BTL appraisal; no achieved rent is invented here.

BRRR Analysis

At the HB base value screen of £90,000, a 75% refinance is approximately £67,500 before lender criteria. Compare against the full project cost, not guide price alone.

Flip Analysis

Base value screen less guide, HB works allowance and buyer premium leaves approximately £4,200 before SDLT, legal, finance, holding, professional, selling costs and tax. This is not net profit.

Maximum Bid Indicator

Deduct works, buyer premium, legal/professional fees, finance, holding, contingency, selling costs and required profit/return from a verified end value. SDLT is buyer-specific and excluded from this desktop screen.

Strategy Recommendation

BTL, BRRR or refurbishment/resale depending on verified rent, end value, survey and legal-pack findings.

Strategy Rating

BTL: ★★★☆☆ | BRRR: ★★★☆☆ | Flip: ★★★☆☆

Key Risks

Lease length, ground rent, service charge and lender acceptability; Property is recorded as Sold Prior; Legal-pack special conditions and seller fees; Physical condition and valuation/finance risk.

Analysis Confidence

High for facts directly reproduced from the Auction Estates particulars; medium/low for HB desktop works/value assumptions until direct comparable research, inspection, survey, legal-pack review and contractor/QS pricing are completed.