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25-27 Nottingham Rd 644 SF Retail Condo Unit Offered at $236,907 in Derby DE72 3LR
INVESTMENT HIGHLIGHTS
- Two immediately adjoining, interconnecting, ground floor retail units
- The property is situated off Nottingham Road within the centre of Borrowash
- Prominent position, adjacent to Nottingham Road, in the centre of Borrowash
EXECUTIVE SUMMARY
The property is situated off Nottingham Road within the centre of Borrowash. The position is convenient for a neighbourhood shopping parade at the adjoining Victoria Avenue, where occupiers include; a Co-Op, BJ Wilson Chemists, and Birds the Bakers.
PROPERTY FACTS
| Total Building Size | 644 SF | Typical Floor Size | 644 SF |
| Property Type | Retail (Condo) | Year Built | 2018 |
| Property Subtype | Storefront | Lot Size | 0.03 AC |
| Floors | 1 |
| Total Building Size | 644 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Floors | 1 |
| Typical Floor Size | 644 SF |
| Year Built | 2018 |
| Lot Size | 0.03 AC |
1 UNIT AVAILABLE
Unit 25-27
| Unit Size | 644 SF | Sale Type | Investment |
| Price | $236,907 | Tenure | Long Leasehold |
| Price Per SF | $367.87 | Cap Rate | 3.83% |
| Condo Use | Retail | NOI | $9,075.86 |
| Unit Size | 644 SF |
| Price | $236,907 |
| Price Per SF | $367.87 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Cap Rate | 3.83% |
| NOI | $9,075.86 |
DESCRIPTION
The premises comprise two ground-floor retail units, which
are interconnecting, and are well-appointed. Currently used
as a barbers and hairdressing salon, having the benefit of
powder-coated aluminium-framed shop fronts, laminate
flooring, LED lighting, kitchen areas, and accessible WCs to
the rear.
SALE NOTES
The property is situated off Nottingham Road within the
centre of Borrowash. The position is convenient for a
neighbourhood shopping parade at the adjoining Victoria
Avenue, where occupiers include; a Co-Op, BJ Wilson
Chemists, and Birds the Bakers.
Presented by
25-27 Nottingham Rd
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