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COMMERCIAL

Kedleston Road, Derby - Investment

Offers in Region of
£575,000
Platinum Estates, Derby
PROPERTY TYPE

Commercial Property

BATHROOMS

2

SIZE

5,000 sq ft

465 sq m

Key features

  • FREEHOLD PROPERTY
  • LEASE WITH SAINSBURYS SUPERMARKETS LTD
  • 5+ YEAR TENANCY IN PLACE
  • 5% YIELD
  • HMO PROPERTY

Description

Platinum Estates offer this fantastic investment opportunity for sale. The property is classed as mixed use with commercial use on the ground floor and residential use on the upper two floors. The premises are located on busy thoroughfare and close to the University in this East Midlands city, situated in a row of shops in a well-regarded suburb with on street parking directly outside.

The commercial space on the ground floor is approximately 2000sqft and is made up of the shop floor and storage facilities in the back area. There is a 5 bedroom flat across the upper two floors which measures at approximately 3000sqft

Investment Information :
There is a commercial lease in place with Sainsburys Supermarket Ltd until October 2030. The current rent is £16560 with an upwards only rent review due in October 2025
The residential accommodation is on a long term lease until April 2029. The rent is £14400 per annum. This property has a HMO license in place.
The total annual income is £30960 creating a healthy yield of 5% ROI

Energy Performance Certificates

EPC 1

Kedleston Road, Derby - Investment

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Derby Station1.6 miles
  • Peartree Station2.4 miles
  • Spondon Station3.6 miles

About the agent

Platinum Estates, Derby

York House, 3 George Street, Derby, DE1 1EH

Platinum Estates, Derby

Platinum Estates are an award-winning luxury property management firm covering sales & lettings as well as providing investment advisory services.

Having been in business for almost two decades, we hold a strong reputation as an established and trusted independent agency, managing a varied portfolio of properties from luxury apartments to country houses covering Derby and Nottingham.

We seek to occupy our properties with professionals and hold exclusive direct contracts with some

More properties from this agent

Industry affiliations

Property Redress Scheme

Notes

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Disclaimer - Property reference Kedleston12560. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Platinum Estates, Derby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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