8,159 sq ft retail unit hits the market
A 8,159 sq ft unit at Commodore Court on Nuthall Road in Nottingham has been brought to market.
The retail investment is currently let to Community Health and Eyecare on a ten year lease.
The prominent corner unit, situated on the ground floor of the building, is being marketed by Birmingham-based Bond Wolfe.
The company is seeking offers of £1.3m plus VAT for the long leasehold interest, which would reflect a net initial yield of 6.51%.
The wider Commodore Court scheme comprises 15,039 sq ft of space.
James Mattin, managing director – agency at Bond Wolfe, said: “Community Health and Eyecare Ltd is an NHS provider and Unit 1 is the predominant unit of the wider 15,039 sq ft Commodore Court scheme, with other neighbouring occupiers including Barnardo’s.”
