Franchise Street Stockbrook, Derby

£104,950
Property type: Commercial Property

Description

SEMI-COMMERCIAL INVESTMENT* A fantastic opportunity to purchase a semi-commercial unit, comprising of a ground floor shop with a first floor flat. Each with separate access, this property is situated in Stockbrook and is within close proximity to the Derby City Centre.

 

Semi-commercial property with corner prominence. Both the shop and flat have their own separate access with separate meters.

Combined rental of £7800 per annum (consisting of £375 per month for the flat and £275 per month for the shop).

Consisting of:

A ground floor shop which is let on a long lease and is already well established within the area.

– 5 year lease
– Expiring 2024 (however, leaseholder for the commercial shop wishes to remain longer)
– Shop is let on a lease at £3300 per annum (£275 per month)
– Shop is currently being used as a sandwich shop
– Shop has A3 commercial use

Ground Floor commercial area consists of:

Shop/serving area
3.7m x 3.47m (12’45 x 11’40)

Kitchen
3.4m x3.35m (11’42 x 11’01)

Storage area
3.36m x 2.1m (12.02 x 7’09)

First floor 1 bed flat

– Currently let at £375 per month on a periodic tenancy (tenant happy to renew and wants to stay long term)
– Comprising of 1 double bedroom, open plan kitchen/lounge, bathroom
– Double glazed windows with modern electric heating
– Let as fully furnished

First floor flat consists of:

Stairs leading to flat (accessible via ground floor door)

Carpet landing giving access to bedroom and kitchen.

Bedroom
12′ x 11’73 (3.6m x 3.35m)
With carpeted flooring and 2 double glazed windows to the front and side elevations.

Kitchen/Lounge
13′ x 14′ (3.9m x 4.2m)
With a fitted kitchen, appliances and two double glazed windows to the side elevation.

Bathroom
With wc, bath with shower and hand wash basin.

EPC RATING TBC FOR BOTH THE FLAT AND COMMERCIAL UNIT.

SALES DISCLAIMER

PROPERTY MEASUREMENTS
OUR MEASUREMENTS ARE ONLY INTENDED TO BE A GUIDE ONLY AND ARE NOT EXACT DIMENSIONS. YOU CAN NOT RELY ON THEM TO MAKE DECISIONS ABOUT YOUR FURNITURE.

SERVICES
WE ARE NOT QUALIFIED TO TEST THESE AND REQUEST THAT YOU SEEK PROFESSIONAL CHECKS AND SERVICE REPORTS VIA YOUR CONVEYANCER.

PARTICULARS
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MONEY LAUNDERING REGULATIONS.
AS A PURCHASER MAKING AN OFFER WE WILL REQUIRE ID DOCUMENTS AND YOUR COOPERATION WITH THIS REQUEST AND PROOF OF DEPOSITS AND IF APPLYING FOR A MORTGAGE, DETAILS OF THIS VIA YOUR BROKERS.

STREETS AHEAD ESTATES