COMMERCIAL INVESTMENT OPPORTUNITY

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FOR SALE

COMMERCIAL INVESTMENT OPPORTUNITY On the instructions of the Joint LPA Receivers

8 BRIDGE STREET, BELPER, DERBYSHIRE, DE56 1AX £225,000 \ Producing a gross annual income of £21,280. \ Prominent location within busy town centre.

AVAILABLE SPACE 180.32m² (1,941sq ft)

LOCATION

RATEABLE VALUE

The property is located on Bridge Street (A6) within the main shopping area of Belper town centre.

Description / Hairdressing Salon and Premises

Belper is situated in the Amber Valley district of Derbyshire, Derby itself is located approximately 8 miles to the south. Junction 26 of the M1 motorway lies 4 miles to the east.

Rateable value / £6,400

VAT Prices and rental are exclusive of VAT if chargeable.

DESCRIPTION The property comprises a three storey mid terrace commercial unit with a ground floor retail unit and offices to the first and second floors. A proportion of the offices are located above Wellington Court, a single vehicle width highway. The property is of traditional brick construction, beneath a pitched slate roof with timber frame sash windows to the upper floors and retail glass frontage to the ground floor unit. The property is fully occupied and let to two separate businesses. The ground floor unit is occupied by Katie Weeds Hairdressing at an annual rent of £10,740 on a 3 year internal and repairing lease dated from November 2014. The offices are occupied by Talk Staff until December 2015 at an annual rent of £10,540 p.a. albeit the Receivers have not had sight of a lease.

TERMS Offers are invited in the region of £225,000 for the freehold interest.

LEGAL COSTS Each party to be responsible for their own legal costs incurred in the transaction.

VIEWING By prior arrangement with the agents: Eddisons Tel / 0161 831 1696 Email / [email protected] Email / [email protected]

Approximate Net Internal Area is as follows:UNIT Ground floor First floor Second floor Basement Total

0161 831 1690

2

M 38.55 57.51 59.36 24.90 180.32

SQ FT 415 619 639 268 1,941

JULY 2015 SUBJECT TO CONTRACT FILE REF / 704.2300A