6,074 sq ft(564.29 sq m)
Excess of £475,000

1219 - 1221 London RoadAlvaston, Derby

  • Under offer

Key features

  • Ground floor retail let to Burton upon Trent & District YMCA.
  • Self contained two bedroom first floor flat.
  • Large self contained site with off street parking.

Retail / Residential Investment situated in an excellent high profile neighbourhood centre location.

About this property

  • The property comprises a detached retail unit and warehouse arranged over ground floor with first floor two bedroom flat occupying a self contained site. It is of a brick construction under a series of interlocking pitched roofs incorporating full length glazed elevations to the ground floor incorporating independent access to the first floor flat. The property benefits from forecourt parking for six vehicles together with independent gated access running alongside the property to a rear yard and loading area. The building is of a traditional brick construction having part tiled and rendered elevations with fair faced brick to the side elevations. Internally, the accommodation is configured to provide an open plan sales area, incorporating staff welfare facilities, together with extensive warehouse storage facility to the rear.

Local information

  • Alvaston is located to the east of Derby City Centre, south of Raynesway (A6) thereby providing excellent road connectivity to the National motorway network via the Derby Southern Bypass and the M1.
  • The property occupies a prominent position fronting London Road (A6) and forming part of an established neighbourhood centre serving the wider and significant residential catchment area.

Additional information

  • The ground floor of the property is let in its entirety to Burton upon Trent & District YMCA under the terms of the lease expiring 30 April 2021 at a rental of £38,000 per annum.
  • In addition, the first floor flat is let on an Assured Tenancy Agreement (AST) at a rental of £5,160 per annum (£430 pcm).

Energy performance

C60

Available space

FloorSq FtSq M
Retail3,493324.542
Rear Store42439.401
Rear Warehouse2,157200.373
TOTAL6,074564.316