Rare Mixed Use Investment

BOX Property are delighted to bring to the market Halifax House which has undergone an extensive, high-quality redevelopment and is now on the market as a freehold investment.

The former Art Deco bank on Milton Street in Nottingham City Centre is let to national coffee operator 200 Degrees on the ground floor with the upper floors providing 3 cluster flats of 8 bedrooms, all completed to a high and modern standard. The come fully furnished, including WIFI and gas central heating. They are fully let for the academic year 2022/23 with an income of £156,000 per annum and it is anticipated that the rooms will let for more in the academic year 2023/24, increasing the income to £240,000 per annum.

This impressive opportunity sits in a prime location within walking distance to Nottingham Trent University and in the heart of the city with shopping, leisure and food and drink on the doorstep; from The Victoria Shopping Centre through to Market Square and onto the independent and thriving Hockley, the property and Nottingham has everything needed to make this rare mixed use investment a fantastic venture.

BOX Property director, Ben, comments “This is an excellent investment opportunity for an individual or property fund. A great tenant on the ground floor and reliable solid income from the student flats above”

For further information, please contact Ben Tebbutt ben@boxprop.co.uk 07930 406 608 or Frankie Labbate frankie@boxprop.co.uk 07930 406 727