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9-11 Hayfield Close

1,029 SF Retail Condo Unit Offered at $167,103 in Belper DE56 1FA

Investment Highlights

  • Double fronted entrance
  • Situated in predominantly residential area within 1 mile from Belper Town Centre
  • Unit comes with ground floor shop space suitable for bathroom/kitchen retailers

Executive Summary

The market town of Belper lies 9 miles north of Derby, on the edge of the Peak District. The town is located on the A6 and is some 15 miles west of Junction 26 of the M1 Motorway. The property is situated in a predominantly residential area on the east side of Hayfield Close, at its junction with Ladywood Avenue.

Property Facts

Price $167,103
Unit Size 1,029 SF
No. Units 1
Total Building Size 2,027 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Residential
Sale Type Investment
Building Class B
Floors 2
Typical Floor Size 1,014 SF
Year Built 1971
Lot Size 0.19 AC

1 Unit Available

Unit 11

Unit Size 1,029 SF
Price $167,103
Price Per SF $162.39
Condo Use Retail
Sale Type Investment
Tenure Long Leasehold
Cap Rate 7.99%
NOI $13,355.80
Description

Comprises double fronted ground floor shop t/a bathroom & kitchen retailer, which forms part of an established retail parade and provides the following accommodation and dimensions:
Retail Shop: 95.59 sq m (1,029 sq ft) Open plan retail, Kitchenette, WC, Storage

Sale Notes

Long leasehold. To be held on a 999 year lease from
completion at a ground rent of peppercorn.

Amenities

  • Storage Space

Nearby Major Retailers

Co-operative Food
ALDI
Iceland
Barclays
Costa Coffee
Lloyds Bank
  • Listing ID: 29145199

  • Date on Market: 7/31/2023

  • Last Updated:

  • Address: 9-11 Hayfield Close, Belper DE56 1FA

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