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Investment

Investment For Sale Derby

PROPERTY ID: 126724

PROPERTY TYPE

Investment

STATUS

Under Offer

SIZE

1,332 sq.ft

Key Features

Ground floor retail premises with a two-bedroom flat above.
Retail Net Internal Area of 81.02sq.m / 872sq.ft.
Residential Net Internal Area of 42.77sq.m / 460sq.ft.
Income producing investment let at £18,000p.a.x.
Let by way of an FRI lease expiring in May 2029.
Potential to increase rent upon review.

Property Details

The Subject Is A Two-storey Mixed Use (retail And Residential) Property Of Masonry Construction With Painted Render Lower Elevations, Inclusive Of Double Glazed Windows And Surmounted By A Pitched Tile Roof. Internally, The Ground Floor Retail Premises Is Fitted Out As A Barber's Shop And Provided In Three Sections - A Primary Retail Area To The Front Which Includes Access Down To A Useful Basement Office, A Secondary Retail Area Broadly In The Centre Of The Building And An Office/kitchen With Toilet Facilities Located To The Utmost Rear. At First Floor Level, The Property Comprises A Well Appointed Two-bedroom Flat With Spacious Living Room As Well As A Modern Kitchen And Bathroom. Externally, To The Rear Of The Property, There Is A Covered Lean-to Storage Area Together With An Enclosed And Partially Covered Yard Area That Allows For External Storage And Loading.

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About the Agent

Salloway Property Consultants Ltd

See Agent's Other Properties

Investment Unit

£230,000 Freehold

769 London Road, Derby, DE24 8UU
Investment - Under Offer
1,332 sq ft
124 sqm
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