Sadler Gate
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Sadler Gate
1,987 SF 100% Leased Retail Building Derby DE1 3NL $822,774 ($414/SF)
Investment Highlights
- Prominent position on Sadler Gate in Derby City Centre
- Recently renovated in 2020
- Fully let and income producing for the next academic year up to July 2025
- Rental increase of 18% over the past three years
Executive Summary
Income producing student accommodation and office investment in City Centre location.
The property is available at a price of: £650,000 to show a gross initial yield of 10.00%.
Total rental income £65,115 per annum.
The property is available at a price of: £650,000 to show a gross initial yield of 10.00%.
Total rental income £65,115 per annum.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,987 SF
Building Class
B
Year Built/Renovated
1900/2020
Price
$822,774
Price Per SF
$414
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.06
Land Acres
0.02 AC
Frontage
28 FT on Sadler Gate
Amenities
- Signage
- Energy Performance Rating - C
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Nearby Major Retailers
-
Darran Severn -
FHP Property Consultants
Learn More About Investing in Retail Properties
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Sadler Gate
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