Empty Shop plus Investment Property in Derby, Derbyshire

Nationwide brings to the market this FREEHOLD INVESTMENT PREMISES including shop, plus 2 flats. Residential area DERBYSHIRE.

Forecourt area with parking for 4 cars

LARGE SHOP currently let on 5 years lease from November, 2022 at a rent of £10,000 p.a. up to November, 2024, increasing at that time to £12,000 p.a.

Separate staircase to first floor:

Flat No. 1, at present let on a shorthold tenancy and providing a rental income of £500 per month. This flat is fully double glazed and has full gas fired central heating and comprises:

3 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Large Fitted Kitchen

Flat No. 2 also situated on the first floor is also double glazed and has full gas fired central heating and is at present let on a shorthold tenancy and provides a rental income of £450 per month. This flat comprises:

1 Double Bedroom with en suite shower room with shower w.c. and wash hand basin
Large Lounge with fitted kitchen area

Ground Floor electric shutters to large rear yard. 1 small garage/workshop, let on a yearly agreement at £175 per calendar month.

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY £415,000 subject to contract
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 : £415,000 (M5106)

www.NationwideBusinesses.co.uk