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UNDER OFFER

121 Bath Street, Ilkeston, Derbyshire DE7 8AP

Offers in Region of
£275,000

£224.31 per sq ft

Business rates & charges may apply

Salloway Property Consultants, Derby
SIZE AVAILABLE

1,226 sq ft

114 sq m

SECTOR

Commercial property for sale

Key features

  • Ground floor retail premises with two separately accessed 2-bedroom flats above.
  • Retail Net Internal Area of 113.88sq.m. / 1,226sq.ft.
  • Fully let investment currently generating £23,100p.a.x., rising to £24,300p.a.x. in June 2025.
  • New 5-year renewal lease agreed for the commercial element, to expire in June 2030.
  • Opportunity to potentially increase rent upon tenancy renewal/re-letting of 121a Bath Street.
  • Prominent corner position within established retail pitch.

Description

The subject is a three-storey mixed-use (retail and residential) property of masonry construction with facing brick elevations and a series of pitched and mono-pitched tile roofs.
Internally, the ground floor retail premises (121 Bath Street) is occupied by a tanning shop operator and fitted out for this use, with staff facilities to the rear and a large cellar providing useful subterranean storage accommodation.
At first floor level, the property comprises a separately accessed and well appointed two-bedroom flat (121a Bath Street) with spacious living room, as well as a modern kitchen and shower room.
At second floor level, there is an additional two-bedroom flat (121b Bath Street) which is also separately accessed and benefits from a modern kitchen/living room and shower room.
Externally, to the rear of the property, there is a small enclosed yard area together with an adjacent block paved car parking area providing off-street parking for each of the property's component parts (three parking spaces in total).

Brochures

121 Bath Street, Ilkeston, Derbyshire DE7 8AP

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ilkeston Station0.7 miles
  • Langley Mill Station3.1 miles
  • Toton Lane Tram Stop4.3 miles

About Salloway Property Consultants, Derby

Royal Scot Road, Pride Park, Derby, DE24 8AJ

25 years of commercial property knowledge Salloway Property Consultants are recognised as a leading commercial property agency in the East Midlands. A team of Chartered Surveyors committed to a dynamic, cost-effective and results orientated service to both private and public sector clients. Providing solutions in all aspects of commercial and industrial property agency including disposals, acquisitions, investments, land and development. Offering dedicated professional services in valuation, lease negotiations, compensation and property audit.

Agency Disposal Services

Innovative and pro-active marketing combined with lateral thinking are key to the success of Salloway's agency services, supporting clients through the disposal or acquisition of single properties or multiple sites.

Agency Acquisition Services

Salloway understands that businesses evolve over time and that the properties they occupy need to be fit for purpose to ensure operating costs are effectively managed. The process of acquiring property, either through leasing or buying, can be challenging and time-consuming.

Professional Valuation Services

Providing a wealth of valuation experience and expertise underpinned by active involvement in agency markets across the East Midlands.

Professional / Advisory Services

Delivering the highest standards of professional advice on a wide range of property-related issues - a level of service that can only be achieved through market intelligence, negotiating ability and technical know-how.

Consultancy Development

Working closely with developers to maximise opportunities. With in-depth market knowledge, Salloway play an important role in identifying potential projects, assisting with schematic layouts, lining-up potential tenants and helping with funding requirements.

Consultancy Land

The sale or acquisition of land for residential or commercial development has become increasingly complex and expert advice is essential if a site is to realise its full potential.

Property Audit

Many businesses fail to recognise the full asset value of the property they occupy. Salloway is committed to ensuring clients achieve maximum return from their property and, at the same time, reduce unnecessary costs.

Investment Appraisal

With low rates of interest available from traditional banking investment methods, commercial property investments are offering increasing attractive rates of return.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 14817FH. 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 Salloway Property Consultants, Derby. 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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