Prominent town centre retail investment on Bath Street, Ilkeston is now available to purchase.
The property is situated on Bath Street, Ilkeston just off the A6007 and lies within close proximity to nearby Retailers Tesco, Dunelm and Aldi. Comprising a two-storey mid-terraced building and being within 10 miles of Derby and 7.5 miles of Nottingham, the property boasts fantastic transport links to the M1 motorway and the recently opened Ilkeston train station. The property also benefits from planning consent for the alteration of the existing first floor accommodation to create a two-bedroom apartment.
BB&J Surveyor Cameron Godfrey who is dealing with the sale commented ‘This is a highly anticipated opportunity to acquire a valuable investment within one of Derbyshire’s largest market towns. With long-standing occupants ‘Premier Community Mobility’ committing to a new 10-year lease on the 16th July 2023 at £16,000 per annum, we anticipate a high level of demand from investors/developers alike’.
The property is competitively priced at offers in excess of £250,000, representing a gross yield of 6.4%.
For further details, download our brochure or alternatively contact us on 01332 292825 or email email@example.com