Agent Details

BB&J Commercial

109-111 Highfield Road, Newbold Chesterfield, Derbyshire

4269 SqFt

Freehold


Freehold £650,000

Description

The property comprises a valuable mixed use investment as has been constructed of traditional masonry. Forming a mixed use parade of lock up retail units with two additional residential dwellings directly above, the property also benefits from forecourt parking and a rear yard.

The ground retail unit currently occupied by One Stop, comprises an open retail area with an a partitioned managers office, additional storage room to the rear with the added benefit of an enclosed yard to the exterior.

The adjacent unit currently occupied by Highfield Fish and Chips, comprises a front retail area fitted with a payment counter and fully functioning kitchen with two storage rooms, a prep room and WC to the rear. Access to both first floor accommodation can be gained via the forecourt and rear yard respectively.

Additionally the property had planning consent for the alteration and extension of the existing building to create 5 additional flats, however this has now lapsed. For further details of the scheme, use the reference CHE/14/00782/OUT.


Key features

  • Busy ground floor One Stop let at £17,300 per annum until February 2037.
  • Additional takeaway let at £10,500 per annum until 2024.
  • Two first floor apartments both on AST's with a combined rent of £9,600 per annum.
  • Total rent roll of £37,400 per annum.
  • Offers in excess of £650,000

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