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9,10,11 Hayfield Close, Belper, Derbyshire, DE56

Fixed Price
£325,000

£160.34 per sq ft

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE

2,027 sq ft

188 sq m

SECTOR

Commercial property for sale

USE CLASSUse class orders: C3 Dwelling Houses and Class E

C3, E

Description

Investment Consideration:
Gross Initial Yield: 7.76%
Rental Income: £25,220 p.a.
VAT is NOT applicable to this property
Comprises retail parade of 3 ground floor shops and 2 flats above (sold-off)
Situated in predominantly residential area within 1 mile from Belper Town Centre

Property Description:
The property comprises retail parade of 3 ground floor shops and 2 residential flats above (sold-off), providing the following accommodation and dimensions:
Ground Floor: 188.39 sq m (2,027 sq ft)
Shop No.9: 46.40 sq m (499 sq ft)
Shop No.10: 46.40 sq m (499 sq ft)
Shop No.11: 95.59 sq m (1,029 sq ft) double fronted
First Floor: 2 Flats (sold-off)

Tenancy:
Shop No. 9 is at present let to an Individual for a term of 10 Years from 1st March 2017 at a current rent of £7,200 p.a. and the lease contains full repairing and insuring covenants. Rent review on 1st March 2026. Break clause in 2022 NOT exercised. Tenant in occupation since 1999.
Shop No. 10 is at present let to an Individual for a term of 5 Years from 14th September 2022 at a current rent of £7,250 p.a. and the lease contains full repairing and insuring covenants. Rent review on 14th September 2025 to a higher of open market value or RPI linked (uncapped).
Shop No. 11 is at present let to Five Lamps Interiors Limited for a term of 5 Years from 1st March 2021 at a current rent of £10,750 p.a. and the lease contains full repairing and insuring covenants.
Flat 1 has been sold-off on long leasehold for a term of 150 Years from 11th October 1985 at a ground rent of £10 per annum. Reversion 2135.
Flat 2 has been sold-off on long leasehold for a term of 125 Years from 7th January 2000 at a ground rent of £10 per annum. Reversion 2125.

Location:
The market town of Belper lies 9 miles north of Derby, on the edge of the Peak District. The town is located on the A6 and is some 15 miles west of Junction 26 of the M1 Motorway. The property is situated in a predominantly residential area on the east side of Hayfield Close, at its junction with Ladywood Avenue.

Brochures

9,10,11 Hayfield Close, Belper, Derbyshire, DE56

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Belper Station0.7 miles
  • Ambergate Station2.2 miles
  • Duffield Station3.0 miles

About Blue Alpine, London

54 Welbeck Street, London W1G 9XS

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

Notes

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Disclaimer - Property reference belper91011. 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 Blue Alpine, London. 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.

Map data ©OpenStreetMap contributors.

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