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84-88 Wiltshire Rd
Derby DE21 6EZ

Retail Property For Sale

Storefront Properties Derbyshire Derby 84-88 Wiltshire Rd, Derby, DBY DE21 6EZ

Investment Highlights

  • Retail investment in the busy Derby suburb of Chaddesden
  • Rental income of £51,140 per annum
  • Redevelopment potential – planning permission granted for first floor change of use to 11 apartments
  • Nearby operators include Heron Foods, Coral, Wilsons Pharmacy and others

Executive Summary

The property is freehold subject to existing occupational tenancies. It should be noted that Nos 80 & 82 Wiltshire Road are not included within the Title.
The property appears to have been constructed in the 1950s and was originally a supermarket. The property is of concrete construction with the ground floor subdivided into 3 retail units and ancillary with first floor accommodation to the rear, utilised by Derby Braids & Trimming.
The property benefits from significant forecourt with customer parking, with yard area and servicing to the rear.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
11,042 SF
Building Class
C
Year Built
1950
Price
$1,004,041
Price Per SF
$91
Cap Rate
6.45%
NOI
$64,713
Tenancy
Single
Building Height
2 Stories
Frontage
19 FT on Wiltshire Rd

Amenities

  • Security System
  • Energy Performance Rating - C
  • Automatic Blinds
 

  • Listing ID: 29616131

  • Date on Market: 9/25/2023

  • Last Updated:

  • Address: 84-88 Wiltshire Rd, Derby DE21 6EZ

The Retail Property at 84-88 Wiltshire Rd, Derby, DE21 6EZ is currently available for sale. Contact FHP Property Consultants for more information.

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