101 Bath Street, Ilkeston, Derbyshire

Description

This is a fantastic opportunity to acquire a rarely available investment property generating a valuable income stream.

The ground and first floor accommodation have recently been refurbished with the 'Coffee Spaniel Company' signing a new 5 year full repairing and insuring lease at a passing rent of £15,000 per annum in 2022.

The retail space to the ground floor currently trading as 'Mad Dog Coffee Bar' has been well fitted out with wooden panel flooring, painted plaster walls and ceilings with new shop signage. To the rear, the property also includes additional store room and WC facilities.

Additionally there is a shared rear yard with access to the first floor apartment which is held under the same 5 year lease and includes a kitchen / lounge area, bathroom and two bedrooms fitted to a modern standard.

Key features

• High yield commercial investment property
• Impressive 10% return based on the guide price
• Auction Date: Thursday 30th May 2024 at 9.00am
• Potential to create separately accessed ground floor lock up shop with independent first floor accommodation.
• All Enquiries
• Guide Price £138,000+ plus fees