Investment Properties for sale in Derbyshire

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Investment Property in Derbyshire

Derbyshire, England

  • Freehold Price: £725,000
Seller Reference: NB-M5004
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Business Description
 
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Seller Reference: NB-M5004
Request Details
Business Description
Nationwide welcomes to the market this FREEHOLD INVESTMENT. Unopposed trading position, residential area DERBYSHIRE.

Forecourt to GROUND FLOOR. 3 SHOPS.

1. Operated by the vendor as a Newsagents which we understand has potential to be let to provide a rental income of approximately £600 per month.

Shop No. 2. Currently let on a renewable lease having approximately 3½ years unexpired & providing a rental income of £525 per month.

Shop No. 3. Currently let on a lease having approximately 3 years unexpired at & providing a rental income of £520 per month.

OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY in the region of £725,000 subject to contract. WE FURTHER UNDERSTAND THE VENDOR WILL ALSO CONSIDER SENSIBLE OFFERS FOR EARLY SALE.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Freehold : £725,000 (M5004)

www.NationwideBusinesses.co.uk

Tenure:
Freehold
Is accommodation included?:
First Floor.

Flat 2 comprising:
1 Bedroom
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

We understand let & providing a rental income of £93 per week.

Flat No. 3 comprising:
1 Bedroom
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Let & providing a rental income of £95 per week

Flat No. 4 comprising:
2 Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Let & providing a rental income of £110 p.w.

To the rear of the ground floor newsagents is Flat No. 5 comprising Studio Flat:
Livingroom/Bedroom
Bathroom with bath, w.c. & wash hand basin

This is currently not let, however we understand could provide a rental income of £95 per week

Flat No. 1 comprising:
Large livingroom/bedroom
Bathroom with bath, w.c. & wash hand basin
Kitchen

We understand this provides a rental income of £120 per week

First Floor
Flat No. 6 comprising:
2 Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Let & providing a rental income of £110 per week

Flat No. 6A which does require refurbishment & is currently not used comprises:
2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen
Listed by:
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