Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding mixed-use investment with evident asset management potential.
Arranged as a ground floor retail unit with a separately accessed 2/3 bedroom maisonette to the upper parts, the property is fully let to two tenants producing a total rent of £9,840 per annum.
The ground floor is let to private individuals trading as a pet shop on a lease producing £3,900 per annum.
The upper parts are let to a private individual on an AST producing £5,940 per annum.
We consider the property offers evident asset management potential, and we understand rents have not been reviewed at the property for several years. We therefore consider the property represents an opportunity to renew leases and improve rents.
The property occupies a prominent pitch fronting Market Street, connecting directly to the High Street and forming part of the principal retail amenity within Heanor.
Tenure
Freehold
Rent