BTG Eddisons · 28 Oct 2026 · in 9 days
Substantial Freehold Carpark extending circa 27,000 sq ft
Car park to the North of Bestwood Park Drive West, Nottingham NG5 5DF · East Midlands
LiveOtherFreeholdLet
- Guide
- £185,000
- Rent a year
- £2,629
- Yield on the guide
- 1.4%
- Payback
- 71 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- Not published
- Size
- 27,000 sq ft£0.10 rent per sq ft
What it costs to own
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The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
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From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
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BTG Eddisons hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.
How it compares
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Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
BTG Eddisons' record
BTG Eddisons' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold commercial lot in Nottingham. Producing £2,629 a year, a 1.4% gross yield at the guide.
Lot 264, Parking. Substantial Freehold Carpark extending circa 27,000 sq ft. Income from communications mast: Currently £2,629.40 per annum on a long lease. Scope for implementing parking charges. A freehold car park comprising approximately sixty spaces along with a telecommunications installation. The vendors have been advised by a major parking operator an income of circa £223,000pa could be derived from parking on site. Telecommunications installation: We have had sight of a signed agreement for a period of 10 years commencing August 2026 at £2,629.40pa. Please see the legal pack for more information. Rights benefiting adjoining units: The registered title contains certain rights benefiting the adjoining commercial units, including rights of access and rights to park in spaces designated by the freeholder. Please see the legal pack for more information. We feel that in addition to the potential income from implementing parking charges there is scope for development subject to planning. The car park is situated to the north of Bestwood Park Drive West, NG5 5DF, within the established residential area of Bestwood Park, Nottingham. The site adjacent to a range of local shops, convenience stores and everyday amenities, providing useful facilities for residents and visitors within the surrounding neighbourhood. Occupancy: Part Let Part Vacant. Tenure: Freehold Occupancy: Part Let Part Vacant General: Draft Sales Particulars These sales details are awaiting vendor approval Address: Car park to the North of Bestwood Park Drive West, Nottingham NG5 5DF
Figures come from BTG Eddisons' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.