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21A Market Pl 1,588 SF Retail Building Codnor DE5 9QA $303,247 ($190.96/SF) 5.60% Cap Rate
Investment Highlights
- Mixed-use investment opportunity
- Prominent end-of-parade position
- Ground floor salon with treatment rooms
Executive Summary
A substantial end-of-parade mixed-use investment property situated in a popular village location. The property comprises a ground floor hair and beauty salon with treatment rooms, ancillary storage, kitchen/staff facilities and WC accommodation, together with a self-contained two-bedroom first floor flat generating rental income.
Externally, the property benefits from off-road parking, a detached single garage and a brick-built former slaughterhouse with loft space offering additional storage or future potential (subject to the necessary consents).
The property provides an established investment opportunity with diversified residential and commercial income streams.
Externally, the property benefits from off-road parking, a detached single garage and a brick-built former slaughterhouse with loft space offering additional storage or future potential (subject to the necessary consents).
The property provides an established investment opportunity with diversified residential and commercial income streams.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
1,588 SF
Building Class
B
Year Built
1940
Price
$303,247
Price Per SF
$190.96
Cap Rate
5.60%
NOI
$16,982
Tenancy
Single
Building Height
2 Stories
Frontage
25’ on Market Place
Amenities
- Security System
- Signage
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Nearby Major Retailers
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21A Market Pl
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