Property Description

***Superb freehold mixed use opportunity*** Offered for sale at a very attractive guide price, is a vacant, two storey, mixed use semi-detached property, occupying a strong trading position located at the end of Blagreaves Lane, situated within the the highly sought after suburb of Littleover. Interestingly the large ground floor retail unit has undergone some improvements and is now offered for sale with vacant possession and ready to be re-let. The property was previously fully let with a combined gross income of £29,100 per annum and basing the former income against the current guide price, that would have represented an impressive 12.9% return. The first floor flat was let on AST producing £7,500 per annum. The main ground floor retail area offers 813sq ft of accommodation. In addition, there are several ancillary areas including storerooms, staff kitchen, staff toilets, staff office and boarding rooms for both birds and reptiles. To the rear of the premises are further rooms providing sawdust, firewood and a large wood store. There is an enclosed yard beyond. In our opinion there is scope for an extension, subject to obtaining the necessary planning consents. The residential accommodation is accessed separately from the left of the shop front, leading to a stairwell to the first floor. The stairs lead to a first-floor landing, off which is a bedroom, bathroom, second smaller room used as a bedroom, kitchen and living room.

Accommodation Ground Floor Retail

Comprising -

Main Retail Area:

75.56m2 (813sq ft)

Store One:

14.4m2 (155sq ft)

Store Two:

2.61m2 (28sq ft)

Staff Kitchen:

6m2 (65sq ft)

Staff Office:

6.86m2 (74sq ft)

Boarding Room One:

10.7m2 (115sq ft)

Boarding Room Two:

6.6m2 (71sq ft)

Sawdust Room:

10m2 (108sq ft)

Kindling Room:

15.5m2 (167sq ft)

Workshop:

16.7m2 (180sq ft)

Store:

6.3m2 (68sq ft)

Covered Wood Store:

50.4m2 (543sq ft)

First Floor Accommodation

Comprising -

Bedroom One:

2.85m x 2.4m with rear facing window and electric radiator.

Bedroom Two:

2.5m x 1.9m currently used for storage.

Living Room:

3.95 x 3.4m with front facing window and electric radiator.

Bathroom:

2.2m x 1.55m with WC, wash hand basin and shower.

Kitchen:

3.9m x 1.9m fully fitted with wall and base storage units, oven/hob, sink unit and rear facing window.

Outside Area:

Rear yard extending to 50m2 (538sq ft)

Flood Risk

Rivers and Seas - No Risk. Surface Water - Very Low.

Building Construction

TBC

Broadband (estimated speeds)

Standard 11 mbps, Superfast 80 mbps and Ultrafast 1000 mbps show as available in this location

Mobile Signal

EE, O2, Vodaphone and Three show as available in this location.

Satellite and Cable TV Availability

Sky and BT show as available in this location.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure

Freehold

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