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84-88 Bath St 5,957 SF Retail Condo Unit Offered at $336,116 in Ilkeston DE7 8FE
Investment Highlights
- Situated in a prominent position on Bath Street
- Benefits from rear loading or parking for up to two vehicles
- Good visibility and steady footfall
- Spacious open-plan accommodation set over two floors
- Ample ancillary stores
Executive Summary
The property is situated on Bath Street, Ilkeston’s principal retail thoroughfare, which forms the main commercial focus of the town. Bath Street benefits from a steady flow of pedestrian traffic and a mix of national and independent occupiers, providing strong retail presence and visibility. Ilkeston itself is a well-established market town located between Derby and Nottingham, with good transport links via the A610 and M1 motorway, as well as nearby rail connections, ensuring good accessibility.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Sale Type | Investment |
| Tenure | Freehold |
Description
The ground floor provides a large open-plan sales area with dual frontage and access at the rear which provides a choice of rear loading and/or off-street parking for 2 vehicles. The first floor offers further open-plan accommodation with the added benefit of a separate office, staff break out, separate disabled WC and staff welfare facilities. Leading from the first floor is a mezzanine providing ancillary stores with rear access.
Sale Notes
Freehold, subject to and with the benefit of the occupational lease to United Carpets (Property) Limited on the following terms:
Term: The lease term has expired; the tenant is
currently holding over
Lease Start Date: 4th June 2014
Experian Score: 56 (below average risk) – credit limit £29,000
Annual Rent: £12,000 per annum exclusive
Term: The lease term has expired; the tenant is
currently holding over
Lease Start Date: 4th June 2014
Experian Score: 56 (below average risk) – credit limit £29,000
Annual Rent: £12,000 per annum exclusive
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 88 | 5,957 SF | Retail | $336,116 ($56.42/SF) | - |
Unit 88
| Unit Size |
| 5,957 SF |
| Condo Use |
| Retail |
| Price |
| $336,116 ($56.42/SF) |
| NOI |
| - |
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Unit 88
| Unit Size | 5,957 SF |
| Condo Use | Retail |
| Price | $336,116 ($56.42/SF) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Freehold |
| Description | |
| The ground floor provides a large open-plan sales area with dual frontage and access at the rear which provides a choice of rear loading and/or off-street parking for 2 vehicles. The first floor offers further open-plan accommodation with the added benefit of a separate office, staff break out, separate disabled WC and staff welfare facilities. Leading from the first floor is a mezzanine providing ancillary stores with rear access.</li></ul> | |
| Sale Notes | |
| Freehold, subject to and with the benefit of the occupational lease to United Carpets (Property) Limited on the following terms:<br> Term: The lease term has expired; the tenant is<br> currently holding over<br> Lease Start Date: 4th June 2014<br> Experian Score: 56 (below average risk) – credit limit £29,000<br> Annual Rent: £12,000 per annum exclusive</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 7,680 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 3,840 SF |
| Property Subtype | Storefront | Year Built | 1951 |
| Building Class | B | Lot Size | 0.11 AC |
| Total Building Size | 7,680 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 3,840 SF |
| Year Built | 1951 |
| Lot Size | 0.11 AC |
Amenities
- Bus Line
- Energy Performance Rating - E
- Storage Space
1 1
Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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84-88 Bath St
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