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Vernon Street Portfolio

4 Properties Offered at $1,849,979 in Derby

Office Space Derbyshire Derby Vernon Street Portfolio

Investment Highlights

  • Immediate ‘exchange of contracts’ available Sold via ‘Secure Sale’
  • Fully let and Managed
  • Gross rental income £160,000 from the 6 separate properties

Executive Summary

Derby City Centre mixed investment for sale. Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £1,500,000
1 Vernon street - 5 serviced offices - income £19,585
2 Vernon Street - 4 serviced offices - income £27,300
Vernon House - 9 serviced offices - income £56,748
The Courtyard - Public House - Lease expiry - 13th April 2032 - passing rent £22,500 per annum
Betfred - Lease expiry - 18th September 2026 - passing rent - £21,000 per annum
71 Friar Gate - 2 bedroom student house - Let 24/25 - £13,668 per annum

Attachments

Brochure

Property Facts

Price $1,849,979 Status Active
Price / SF $204.17 / SF Number of Properties 4
Sale Conditions Auction Sale Individually For Sale 0
Cap Rate 10.67% Total Building Size 9,061 SF
Sale Type Investment Total Land Area 0.87 AC
Price $1,849,979
Price / SF $204.17 / SF
Sale Conditions Auction Sale
Cap Rate 10.67%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 9,061 SF
Total Land Area 0.87 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Vernon House
Vernon St, Derby DE1 1FR 		Office 2,687 SF 1970 -
Betfred
70 Friar Gate, Derby DE1 1FP 		Retail 993 SF 1930 -
1-2 Vernon St, Derby DE1 1FR Office 3,381 SF 1900 -
71 Friar Gate, Derby DE1 1FP Multifamily 2,000 SF 1970 -
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+44 1332 215655

Contact

  • Listing ID: 32813778

  • Date on Market: 8/15/2024

  • Last Updated:

  • Address: Vernon Street Portfolio, Derby, DBY

PROPERTIES IN NEARBY NEIGHBORHOODS

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Vernon Street Portfolio portfolio of 4 properties for sale on LoopNet.com Primary Photo- Image 1 of 4
70 Friar Gate
Vernon Street Portfolio portfolio of 4 properties for sale on LoopNet.com Primary Photo- Image 2 of 4
1-2 Vernon St
Vernon Street Portfolio portfolio of 4 properties for sale on LoopNet.com Primary Photo- Image 3 of 4
Vernon St

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Vernon Street Portfolio
+44 1332 215655 x

Vernon Street Portfolio

Ben Freckingham

+44 1332 215655

+44 1332 215655

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