Mill Street, Clowne, S43

22 & 22a Mill Street

Situated in a highly prominent position on Mill Street at its junction with Mill Green Way, the property offers an excellent opportunity to acquire freehold premises providing an excellent investment opportunity. The property has been well looked after by the current owners and tenant, including replacement of the roof together with some general refurbishment.

To the ground floor is an excellent beauty studio space which is occupied by long established and very well-respected Jo Chapman Aesthetics.

To the first floor is a one-bedroom studio flat with accommodation over two floors.

The premises provide an excellent investment opportunity, with the potential to provide a yield of circa 9%.

 A viewing is essential to appreciate the scope of the accommodation on offer.

Ground Floor

To the ground floor the premises provide an excellent beauty studio unit in a highly prominent position, with frontage and a large display window to Mill Street and Mill Green Way.

The clinic was established in 2022 and has been fitted out to an excellent specification, providing a high-quality facility that has a very well-respected reputation.

The current 4-year lease expires in January 2028, and is currently set at a rent of £525 per calendar month.

To the first floor is a comfortable one bedroom studio flat, accessed from the side with its own separate access.

Upper Floors

An entrance door opens into a small entrance hall off which stairs rise to the first-floor landing. Off the first-floor landing is an entrance hall, off which stairs rise to the second-floor bedroom suite, and a door opens into the kitchen/diner.

Stairs rise form the entrance hall to the bedroom/ living area which is within the roof space, providing a spacious bedroom with a contemporary loft feel.

Off the bedroom is a contemporary en-suite shower-room.

The property is currently let to a connect party, but one-bedroom flats within the vicinity have achieved circa £450-£500 per calendar month depending on quality and condition.

Material Information

- Conventional masonry construction contained below a pitched roof.

- The property appears connected to mains gas, electricity, water and drainage services.

- Ground Floor – 21.3 Sq.M/  228 Sq.Ft

- First Floor – 19.8 Sq.M/  212 Sq.Ft together with 16 Sq.M/  171 Sq.Ft to the second floor – total flat 52 Sq.M/  560 Sq.Ft

- Total – 57 Sq.M/  613 Sq.Ft approx. – please note all measurements are approximate.

- Upon website enquiry we believe the property is entered in the current rating list at £2,125 Rateable Value under the description shop and premises.

- Upon website enquiry we believe the property is entered in the current council tax list as Band A as 22a Mill Street.

- The property is situated within the Bolsover District Council’s administrative area.

- EPC Rating Ground Floor – Band C

- EPC Rating First Floor – Band D

- Freehold Tenure under Title reference DY183893

Yard

There is a yard area to the rear of the property.

Parking - On street

There is a variety of on street parking in the vicinity.