Investment For Sale, Derby
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POA
29 Chapel Street, Derby, DE21 7JP
Type
Investment
Status
Available
Size
549 sq ft
Key Features
- • Located in an established neighbourhood shopping centre
- • Public shopper’s car parking in adjacent parade
- • Attractive and characterful ground floor sales/salon premises
- • Well presented first floor flat let and incoming producing
- • Of interest to investors or owner occupiers
Property Details
Location
The premises are located in the popular residential suburb of Spondon, some 3.5 miles east of Derby‘s City Centre.
The subject property occupies a prominent position, flush fronted to the pavement and immediately adjacent Chapel Side, a purpose built parade of ‘shop‘ units set back from Chapel Street by virtue of a free forecourt shopper‘s car park.
The Premises
The property comprises a detached two storey building believed to be of single skin brickwork, having been insulated and rendered externally, beneath a hipped and pitched tiled roof.
The current owners acquired the property in 1997 and have carried out significant works of renovation and refurbishment to provide an attractive and characterful split level hairdressing salon with ancillary WC and kitchen/staffroom/laundry to the rear.
An external steel staircase provides access to a well presented self- contained one bedroom flat at first floor level.
The flat has the benefit of gas fired central heating and UPVC double glazing
Accommodation
The premises have been measured on a Net Internal Area (NIA) basis in accordance with the RICS Code of Measuring Practice 6th Edition.
Ground Floor
Sales Area                  420 sq ft (39sq m)
Staffroom/Laundry    129 sq ft (12sq m)
First Floor
Entrance Hall
Lounge                       12‘1&rdquo x 10‘8&rdquo (3.68 x 3.24m)
Kitchen                         8‘11&rdquo x 7‘7&rdquo (2.72 x 2.31m
Bathroom                   
Bedroom                     12‘1&rdquo x 10‘3&rdquo (3.67 x 3.12m)
Measurements and floor areas are provided for guidance only and should not be relied upon by interested parties.
Services
All mains services are available and connected.
Non-Domestic Rates
We have established from the Valuation Office website that the premises are assessed for Non Domestic Rates as follows
Shop and Premises         Rateable value £12,250
The current multiplier is  0.499.
You may qualify for Non-Domestic Rates Relief.
All rating information should be verified with the Rating Department at Derby City Council who can be reached on 01332 293111.
Town & Country Planning
We believe that the premises have the benefit of a permitted use falling within Class E of the Town & Country (Use Classes) Order 2020.
However, interested parties should make their own enquiries of Derby City Council Planning Department to verify that this is the current position.
Terms
The ground floor premises are currently vacant as the owner of the property has now retired.
The first floor flat is let and currently producing £550 per calendar month.
Price
£195,000 for the freehold property.
Value Added Tax
All figures are quoted net of VAT.
Identity checks
In order to comply with anti-money laundering legislation, the successful tenant will be required to provide certain identification documents.
The premises are located in the popular residential suburb of Spondon, some 3.5 miles east of Derby‘s City Centre.
The subject property occupies a prominent position, flush fronted to the pavement and immediately adjacent Chapel Side, a purpose built parade of ‘shop‘ units set back from Chapel Street by virtue of a free forecourt shopper‘s car park.
The Premises
The property comprises a detached two storey building believed to be of single skin brickwork, having been insulated and rendered externally, beneath a hipped and pitched tiled roof.
The current owners acquired the property in 1997 and have carried out significant works of renovation and refurbishment to provide an attractive and characterful split level hairdressing salon with ancillary WC and kitchen/staffroom/laundry to the rear.
An external steel staircase provides access to a well presented self- contained one bedroom flat at first floor level.
The flat has the benefit of gas fired central heating and UPVC double glazing
Accommodation
The premises have been measured on a Net Internal Area (NIA) basis in accordance with the RICS Code of Measuring Practice 6th Edition.
Ground Floor
Sales Area                  420 sq ft (39sq m)
Staffroom/Laundry    129 sq ft (12sq m)
First Floor
Entrance Hall
Lounge                       12‘1&rdquo x 10‘8&rdquo (3.68 x 3.24m)
Kitchen                         8‘11&rdquo x 7‘7&rdquo (2.72 x 2.31m
Bathroom                   
Bedroom                     12‘1&rdquo x 10‘3&rdquo (3.67 x 3.12m)
Measurements and floor areas are provided for guidance only and should not be relied upon by interested parties.
Services
All mains services are available and connected.
Non-Domestic Rates
We have established from the Valuation Office website that the premises are assessed for Non Domestic Rates as follows
Shop and Premises         Rateable value £12,250
The current multiplier is  0.499.
You may qualify for Non-Domestic Rates Relief.
All rating information should be verified with the Rating Department at Derby City Council who can be reached on 01332 293111.
Town & Country Planning
We believe that the premises have the benefit of a permitted use falling within Class E of the Town & Country (Use Classes) Order 2020.
However, interested parties should make their own enquiries of Derby City Council Planning Department to verify that this is the current position.
Terms
The ground floor premises are currently vacant as the owner of the property has now retired.
The first floor flat is let and currently producing £550 per calendar month.
Price
£195,000 for the freehold property.
Value Added Tax
All figures are quoted net of VAT.
Identity checks
In order to comply with anti-money laundering legislation, the successful tenant will be required to provide certain identification documents.
Location
Raybould and Sons
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Investment For Sale, Derby
POA
29 Chapel Street, Derby, DE21 7JP
Property ID: 130102
Raybould and Sons
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Raybould and Sons