Freehold Investment Property in Derby, Derbyshire

Nationwide brings to the market this FREEHOLD INVESTMENT. Residential area DERBYSHIRE.

SPACIOUS RETAIL SHOP in the region of 1,500 sq. ft. sales area. At present operated for the sale of carpets, let on a renewable lease, the present lease expiring in July, 2025 & provides a rental income of £12,500 p.a.

Included in the investment are 2 self contained flats.

Flat No. 1. Let on a shorthold yearly agreement & providing a rental income of £475 per month. The flat with full gas fired central heating, comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Flat No. 2. Is at present let on a shorthold yearly agreement & also provides a rental income of £475 per month. The flat has full gas fired central heating & comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath,, w.c. & wash hand basin
Lounge with fitted kitchen area

To the ground floor is a 3rd Self Contained Flat, also let on a shorthold yearly tenancy & provides a further rental income of £450 per month. The ground floor flat also has full gas fired cental heating & comprises:

1 Double Bedroom
Bathroom with bath, w.c. & wash hand basin
Lounge with open plan kitchen area

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY £380,000 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 : £380,000 (M5107)

www.NationwideBusinesses.co.uk