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67 & 67A Friar Gate, Derby DE1 1DJ

From
£400,000

£308.40 per sq ft

Business rates & charges may apply

Salloway Property Consultants, Derby
SIZE AVAILABLE

1,297-2,870 sq ft

120-267 sq m

SECTOR

Commercial property for sale

Key features

  • Freehold Investment opportunity consisting of a newly let laundrette and a 3-bed fully let house.
  • Combined income of £35,472 per annum.
  • Highly visible city-gateway location.
  • High-density residential area including large student population.
  • Net Initial Yield of 8.51%.
  • No VAT payable.

Description

The premises comprise a mixed-use brick and slate-built period building with display windows to the ground floor laundrette and timber framed windows to the remaining accommodation.
Internally, the building provides a laundrette to the left-hand corner (67 Friar Gate) of the building with a 3-bed house to the ground and first floor of the right-hand section of the property (67A Friar Gate).
67 Friar Gate, provides a single storey, corner position, retail unit benefitting from single glazed display windows fronting both Brick Street and Friar Gate.
The ground floor of the building is currently utilised as a laundrette with useful fitted basement below.
67A Friar Gate, comprises a two-storey, 3-bed house which benefits from a separate living area and kitchen on the ground floor.
The first floor comprises 3 bedrooms, one having an en-suite, a family bathroom and separate WC.
Externally, the dwelling benefits from a small courtyard/garden located to the rear of the property, accessed via the kitchen.

Brochures

67 & 67A Friar Gate, Derby DE1 1DJ

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Derby Station1.3 miles
  • Peartree Station2.0 miles
  • Spondon Station3.4 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 14855FH. 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.

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