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Retail Property (high street) for sale

22 High Street, Chellaston, Derby, DE73

Removed 1,500 sq. ft. | £230,000

Property Description

Commercial information

  • 1,500 sq ft (139 sq m)

Key features

  • Existing A1 (retail) and A2 (Financial and Professional) use
  • Located within Chellaston district centre
  • Forecourt car parking for approximately seven vehicles
  • Current income from adjoining retail unit 300 pcm inclusive
  • Current income from four bedroom living accommodation 650 pcm exclusive
  • FOR SALE
  • Offers in the region of 230,000 subject to the existing tenancies.

Full description

Tenure: Freehold

The property comprises a detached former dwelling of a (presumed) solid brick construction beneath a pitched clay tiled roof. The property has since been converted to provide two self-contained lock-up shops with four bedroomed living accommodation to the rear and above.

The elevations have a white painted render and incorporate some double glazed upvc fenestration. The property has been extended at some point to provide a flat roof single storey retail frontage facing High Street.

Generally the retail accommodation would benefit from some refurbishment and modernisation however the flat was well presented.

Location

Chellaston is a popular suburb located approximately 5 miles (8 km) south of Derby city centre.

The premises is situated just inside the designated Neighbourhood Centre just 25m from the High Street / Derby Road junction.

Derby Road (A514) provides direct access into Derby city centre to the north and links with the A50 just 1 mile (1.6 km) to the south.

According to the 2011 Office of National Statistics Census the resident population of Chellaston is 15,198. This population is supported by an excellent range of amenities including supermarket, post office, chemist, range of high street retailers but only one bookmaker which is offered here for sale.

Accommodation

The accommodation has been measured in accordance with the RICS Code of Measuring Practice to extend:-

22 High Street - c446 sq ft (42.6 sq m). This benefits from a single WC and administration office.

Adjacent shop - c254 sq ft (23.6 sq m).

Flat - ground floor kitchen, lounge and conservatory with four well appointed bedrooms at first floor.

Planning

We understand that the premises has the benefit of planning consent for the following uses:-

22 High Street - A1 (Shops) and A2 (Financial & Professional).
Retail Shop adjacent 22 High Street - A1 (Shops)
Flat - C3 (Residential).

As at 30th May 2013 there is new permitted development legislation for a period of two years allowing flexible use within use classes A1, A2 and A3 (Restaurants & Cafes).

Services

We understand that the premises benefits from mains gas, electric and drainage connections. We believe that there is a single metered supply going to the site.

Service Charge



Rates

The property is currently listed on the Valuation Office website as having the following Rateable Values:-

22 High Street - £3,500
Adj 22 High Street - £1,325
Flat - Council Tax Band C

Legal Costs

Each party to be responsible for their own legal costs incurred within the transaction.

VAT

All figures are quoted exclusive of VAT. We understand the premises has not been registered for VAT and that VAT will therefore not be payable on the purchase price.

Viewing

Strictly by prior appointment with BB&J.


More information from this agent

Energy Performance Certificates (EPCs)

Map & Street View

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