Investment Properties for sale in Nottingham

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Ian McGregor (Nov 2013)
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Freehold Price: £235,000 Turnover: £75,000 Gross Profit: £35,000
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Business Description
Hilton Smythe is delighted to welcome to the market this former motor garage/investment property in Carlton, Nottingham. The property has been in our client`s careful ownership since 2000. The partially equipped property only is for sale. Only now is the property being offered to the market due to our client`s wish to re-locate his garage business to another property. The property is a former ambulance station and would ideally be used as garage workshop as it is partially equipped with ramps designed for the purpose.

There is huge scope for the property to be converted for residential use, subject to the relevant permissions being granted.  We are informed our client has had a verbal acknowledgement that redevelopment of the site into residential flats would be considered as this is a residential area.  We feel this is an excellent opportunity for a new owner to acquire a substantial property in an ideal location; therefore early viewing must come highly recommended.

This investment property is ideally located in Carlton, Nottingham. The area benefits from free parking to the front of the premises as well as on-street parking. The property is surrounded by densely populated residential properties, from which the former garage business got much of its trade. There is a selection of shops and businesses within the area with further amenities in the city centre just a short drive away. Nottingham is a large city, which boasts a wide range of amenities and attractions.

The area of the property is well served by the public transport system with several bus stops within easy walking distance. The nearest railway station is less than half a mile away. The area is also well served by the A-road system with the A612 just a short drive away, which links to the vast A-road and motorway networks. Nottingham city centre is approximately 4 miles away and Mansfield is 16 miles away.

Former ambulance station equipped as a garage workshop, briefly comprising:

Substantial workshop with:

1 x four post ramp.

1 x two post ramp.



Separate room to side currently used as a motorcycle workshop (no formal agreement).

Office area.

WC with wash hand basin.

External with large forecourt with parking for approximately 12 vehicles.

We are advised Freehold.

Tenure: Freehold

Listed by: Hilton Smythe
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