Property Description
* An active lease of 19 years commencing in January 2008 which includes a rent review every 3 years. * Fantastic investment opportunity within Spondon reflecting a gross yield of 7%. * Offers in excess of £150,000 for the Freehold
Specification and floor areas
| Measurement | imperial | metric |
|---|
| Ground Floor | 480 sq.ft | 45 sq.m |
| Total Floor Area |
480 sq.ft |
45 sq.m |
Financials
For sale: (subject to contract)
- Price £150,000 equating to £313 psf
Agent's Disclaimer
BB&J Commercial can confirm the following: 1 These marketing particulars are prepared for guidance purposes only and do not constitute part of an offer or a contract whatsoever or a statement of representation upon which any reliance can be placed. 2 All measurements, areas and distances are approximate and all descriptions, condition, permissions for use and occupation should not be relied on and any interested party should must statisfy themselves on these matters by inspection, independant advice or otherwise. 3 Neither BB&J Commerical or any of its employees or agents has any authority to make or give representation or warranty whatsoever in relation to the property. 4 BB&J Commercial have not tested any apparatus, equipment, chattel, services etc and therefore can give no warranty as to their availablility condtion or service ability. 5 All prices rents service charges etc are quoted exclusive of VAT unless stated otherwise.
There are no plans available to view for this property. Contact the agent for further information.
Property Location
Spondon is a popular residential suburb located approximately 3.5 miles to the east of Derby City Centre. The subject property is located in a prominent position within the Chapel Side precinct fronting Chapel Street (one of Spondon's main high streets) and is located just 0.5 miles from the A52 providing direct access to junction 25 of the M1 motorway.
7 Chapel Side forms part of parade of small shops which includes 'Lewis Interiors' and 'Peking House Takeaway' with retail giant the cooperative nearby by.
Map
