Self Catering/Flats for sale in Hucknall

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 Thanks to your email alerts I found & have recently completed on the purchase of a Hotel in Scotland 

Ian McGregor (Nov 2013)
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Freehold Price: £950,000
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Business Description
Asking offers £950,000

Freehold as one offers £950k – 10.5% return.

A freehold investment of some significance set in a prominent elevated position opposite a bus stop and a short walk from the Hucknall to Nottingham tram service and the centre of the town. The property has been specifically adapted from a former care home to create 4 self contained flats between them with 19 en suite rooms and 5 studios producing an annual rent of £126,880 before expenses (net £101,000 after all costs).

or Flat 1 offers £255k @8% return, Flat 2 offers £185k @ 8% return, Flat 3 offers £225k @ 8% and Flat 4 offers £440k @8% return – all leasehold 999 yrs.
Tenure: Freehold

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Listed by: Alexanders
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