Shop for sale

10 Crown Square, Matlock, DE4 3AT

Offers in Region of £285,000

Property Description

Key features

  • Opportunity to acquire a freehold, part vacant investment
  • Prominently located premises
  • Vacant at ground floor; Established tenancy at first floor
  • Busy, prosperous town location

Full description

Tenure: Freehold

A rare opportunity arises to acquire a freehold part vacant investment within the heart of Matlock town centre. These prominently located premises stand fronting Crown Square and are only now available due to retirement of the long established traders who operated business from the Ground Floor premises. The premises are vacant to the Ground Floor but have an established tenancy at First Floor level. The Second Floor is used for ancillary storage.

Matlock is a busy and prosperous town with good local catchment and an increasing visitor trade. Nearby traders include M & S Food, Specsavers, Boots, Nationwide Building Society, Wilko and a variety of long established local businesses. The retail frontage has a deep pavement to the front and a nearby weekly open market is held on the park head together with a popular Victorian Market at Christmas and other similar events throughout the year.

Matlock sits at the entry to the Peak District National Park within the heart of the Derbyshire Dales. The town is home to the Derbyshire Dales District Council and Derbyshire County Council together with the National office for the YHA.

Potential exists to refurbish the Ground Floor to suit a number of retail uses whilst benefitting from ongoing income from the first floor. With cooperation from the First Floor tenant, potential exists to develop the Second Floor.

Accommodation
The Ground Floor comprises a retail frontage with back stock and preparation areas, extending in total to approximately 48.80m (525ft). To the rear is a small enclosed yard. The upper parts are approached off a shared stairway.

Accommodation at First Floor level is occupied by a salon who has traded from the premises for a number of years. The tenancy includes all First Floor accommodation. The Second Floor is used for ancillary storage and is not part of the tenancy and comprises three rooms, one of which overflies the adjacent property. Total First and Second Floor area approximately 78.28m (842ft).
EPC Rating (non-domestic): E

Planning Authority: Derbyshire Dales District Council.

Services: Mains services are available to the property, both units of accommodation being separately metered.

Tenure: Freehold subject to the business tenancy at First Floor level. The current rent passing is 7,440 per annum, last increased in 2010. The tenant is responsible for internal repair and rates.
Note: One room at Second Floor level over flies the adjacent property (No. 12).

Directions: Matlock Town Centre

Matlock office 01629 580228 ext. 1.

Price Guide: 250,000 to 285,000.

Nearest stations

  • Matlock (0.1 mi)
  • Matlock Bath (1.1 mi)
  • Cromford (1.8 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.

Map & Street View

Nearest stations

  • Matlock (0.1 mi)
  • Matlock Bath (1.1 mi)
  • Cromford (1.8 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.

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