BB&J Commercial, in partnership with SDL Property Auctions, successfully completed the sale of 125 Blenheim Drive, Allestree, Derby.
This mixed-use investment opportunity, comprising a vacant ground-floor retail unit and two self-contained first-floor apartments, attracted significant interest from buyers due to its prime location in the popular Derby suburb.
The property, situated within a parade of mixed-use premises, offers a unique investment opportunity with its combined commercial and residential elements. The retail unit provides a spacious, modern front shop area, storage, a kitchen, and WC facilities, while the first-floor apartments are both rented on AST agreements, generating a combined rental income of £10,560 per annum.
New Leasing Opportunity with BB&J Commercial
Following the successful sale, BB&J Commercial has been instructed by the new owners to lease the ground-floor retail unit, offering an exciting opportunity for businesses looking to establish themselves in Allestree. The retail space, available for immediate occupation, is being offered at £18,500 per annum exclusive.
The property boasts a prominent location on Blenheim Drive, with excellent accessibility to local amenities, dedicated parking, and a spacious, versatile layout suitable for various retail uses.
Cameron Godfrey, Agency Surveyor at BB&J Commercial, said: “We’re really pleased with how the sale went in partnership with SDL. The demand for mixed-use commercial premises is strong, and this result reflects that.
Now that the deal is done, we’ve been instructed by the new owners to obtain the right tenant for the vacant ground-floor retail space. I would advise local businesses to get in touch so as to not miss out.”
For further details or to arrange a viewing of the retail space, contact Cameron Godfrey at BB&J Commercial on 01332 292825 or via email at c.godfrey@bbandj.co.uk.
