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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.

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
Show phone number

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