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Commercial Property for sale

North Parade, Matlock Bath, Derbyshire, DE4

Offers in Region of 700 sq. ft. | £250,000

Property Description

Commercial information

  • 700 sq ft (65 sq m)

Key features

  • Freehold investment opportunity
  • Ground floor lock-up restaurant/retail unit - approx 700 sq ft
  • Two spacious first and second floor apartments
  • Good tourist and local catchment
  • Established trading location

Full description

Tenure: Freehold

Location
In a prominent trading position, centrally located on the main parade at Matlock Bath. Matlock Bath is a busy tourist resort attracting good trade through spring to autumn with a highlight of the trading year being the annual illuminations in the early autumn.

2 North Parade - Ground Floor
Currently let, 5 year term - £8,000 per annum.
A prominent lock-up restaurant/retail unit on the main parade in picturesque Matlock Bath, fronting one of the main arterial routes leading to the Peak District and with good visitor and local trade potential. The premises have a long history of occupancy as a restaurant or café and latterly a pizzeria/takeaway.

Accommodation
The floor area extends to approximately 700 sq ft and comprises:

Private side entrance hall
Broad glazed double frontage
Open plan retail/restaurant area
Kitchen area - steel lined with extraction grills to one side
Side lobby
Ladies and gents WC's
Utility room

Outside there is a private side entrance to a rear yard and utility store.

4 North Parade - First Floor
Let on an ASTA, current rent £4,500 per annum.
Self contained characterful two bedroom apartment including stairs from ground floor.

6 North Parade - Second Floor
Let on an ASTA, current rent £3,600 per annum.
Self contained two bedroom apartment, accessed via external rear stairway.

Potential Income/Yield
Current total income £16,000 per annum. This equates to a yield of 6.4% for an investment of £250,000.

Energy Performance Certificate (EPC's)
EPC's are available for download.

Asking Price
£250,000

Viewing and Further Information
All enquiries to: fidlertaylor

01629 580228
commercial@fidler-taylor.co.uk


Nearest stations

  • Matlock Bath (0.1 mi)
  • Cromford (0.8 mi)
  • Matlock (1.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fidler Taylor, Matlock

Archway Estate Office Crown Square Matlock DE4 3AT

01629 358000 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Fidler Taylor, Matlock

Archway Estate Office Crown Square Matlock DE4 3AT

01629 358000 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Matlock Bath (0.1 mi)
  • Cromford (0.8 mi)
  • Matlock (1.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fidler Taylor, Matlock

Archway Estate Office Crown Square Matlock DE4 3AT

01629 358000 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference FTM88241. 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 Fidler Taylor, Matlock. 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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