177-187 & 177a-187a Carlton Road, Nottingham, NG3 2FX

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Guide price

£400,000+

Property Type

Mixed Use

Reception Rooms

Bedrooms

Bathrooms

Key Features

A unique opportunity to acquire a freehold mixed-use property comprising five ground floor retail units and six two-bedroom flats on the upper floors
Located in a prominent position on Carlton Road (B686)
The property is part let, currently producing an income of £7,250 pa

Part of the 20 August 2026 auction
Nottingham Racecourse at 2.30PM

A unique opportunity to acquire a freehold mixed-use property comprising five ground floor retail units and six two-bedroom flats on the upper floors, prominently positioned on Carlton Road. The property is part let, currently producing an income of £7,250 pa

Freehold mixed-use investment opportunity
Located in a prominent position on Carlton Road (B686)
One of the main arterial routes into the City Centre
High levels of passing vehicular and pedestrian traffic
Occupying an established roadside commercial area
10 minute walk to Motorpoint Arena & Hockley amenities
Excellent access to the A612, A60 and Nottingham Ring Road
1 mile from Nottingham Train Station & Tram
Close to bus stop going to City Centre & surrounds
A short walk into Nottingham City Centre
Comprising five retail units on ground floor
Retail units benefit from independent street-level access
2 of the 5 are let and producing £4,250 pa (under market rent)
177 - Let on a 10 year lease dated 14.02.2014 (Holding Over) at a rent of £4,250 pa (388 sq ft VOA)
179 - Let on a 3 year lease dated 01.11.2008 (Holding Over) at a rent of £3,000 pa (355 sq ft VOA)
181/183 - Vacant (788 sq ft VOA)
185 - Vacant (434 sq ft VOA)
187 - Vacant (488 sq ft VOA)
Upper floors comprising 6 x 2 bedroom flats
Flats are let on a lease expiring on 26th August 2026
Self-contained access to the rear for the flats
Highly reversionary acquisition

Contact Auction Estates on 0115 7844 600

Fees

A buyer's premium of £1,800 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold subject to the existing tenancies, part let and producing an income of £7,250 pa

Refer to Legal Pack

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