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Property details
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Commercial property for sale in 121 And 121A Nottingham Road, 121 Nottingham Road, Derby

Investment

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Commercial property for sale

Property description

Investment

Multi-use income producing commercial investment in Derby City Centre with residential conversion opportunity

Prominent position on Nottingham Road just off the A52 and 0.5 miles from Derby City Centre

Ground floor unit let to Chill @ Chives producing Â£13,500 per annum on a term expiring September 2029

First floor let to Major Oak Construction Ltd at a rent of Â£6,000 per annum by way of licence

The property has development potential and would suit residential conversion

Price - Â£250,000 reflecting gross initial yield of 7.8%

Property info

Brochure

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by FHP, and do not constitute property particulars. Please contact FHP for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.