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31 Derby St 498 SF Vacant Retail Building Burton On Trent DE14 2LD $299,788 ($601.98/SF)

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INVESTMENT HIGHLIGHTS

Retail premises with upper floor residential accommodation.
Ground floor is currently vacant and is available to let at a rent of £9,000 per annum exclusive.

Prominent location close to the town centre / railway station with one parking space at front of premises or alternatively can be used for tables and

EXECUTIVE SUMMARY

Offers are invited in the region of £225,000. In addition, takeaway fixtures and fittings are available by separate negotiation. Alternatively the ground floor retail premises are available to let on a full repairing and insuring lease for a flexible term at a rent of £9,000 per annum exclusive which is to be payable quarterly in advance by standing order/direct debit. The rent will be subject to upward only reviews at three yearly intervals.

PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Retail

Tenure

Freehold

Property Subtype

Storefront

Building Size

498 SF

Building Class

Year Built

1983

Price

$299,788

Price Per SF

$601.98

Percent Leased

Vacant

Tenancy

Multiple

Building Height

2 Stories

Storage Space

Smoke Detector

SPACE AVAILABILITY

SPACE
SIZE
SPACE USE
POSITION
AVAILABLE

Ground
325 SF
Retail
-
Now

The ground floor is currently vacant and is available to let at a rent of £9000 per annum exclusive. The first floor apartment is let at a rent of £650.00 pcm (£7,800 per annum exclusive on an Assured Shorthold Tenancy Agreement).