Bondgate, Castle Donington, Derbyshire, DE74

Property Ref: 12677

For sale is a freehold commercial property that consists of 2 large buildings located in Castle Donnington Derby

1)White building is steel structure with wooden cladding (fully renovated)

2)Brick building (Derelict)

Currently in white building 4 offices are rented out at £550 per month bringing in £2200 per month,

So total rent for white building £2200 per month.

White building has just been renovated top to bottom, new roof new windows and doors, new floors and walls, new cladding. Everything renovated top to bottom

Each office is self contained with own kitchenette and own toilet. (So easy to rent out)

Car park fully tarmacked recently

The 4000 square foot size is the size of all floors of both buildings. The car park size is on top of this.

Orange brick building derelict and needs full renovation. Has planning for 4 more offices (see attached photos for drawings and full granted planning permission) that will bring in another £2200 per month rent

Planning reference 21/00939/FUL North West Leicestershire District council

Any builders buying this property approx cost for orange brick building will be £50,000 to repair, i.e renovate into four offices to bring in £2200

Any non builder buying this property approx cost for orange brick building will be £100,000 to repair and renovate into four offices to bring in £2200..

So when both buildings are let out this property will bring about 9 to 10 % return on investment which is normally the highest rate in rental income….....

For viewing arrangement, please get in touch with 99home.



If calling, please quote reference: 12677


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*Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering any household goods, carpets or any built-in furniture.
*General: While we endeavor to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact 99home and we will be pleased to check the detailing for you, especially if you are contemplating traveling some distance to view the property.
*99home is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.