769 London Road, Derby

Description

The subject is a two-storey mixed use (retail and residential) property of masonry construction with painted render lower elevations, inclusive of double glazed windows and surmounted by a pitched tile roof.
Internally, the ground floor retail premises is fitted out as a barber's shop and provided in three sections - a primary retail area to the front which includes access down to a useful basement office, a secondary retail area broadly in the centre of the building and an office/kitchen with toilet facilities located to the utmost rear.
At first floor level, the property comprises a well appointed two-bedroom flat with spacious living room as well as a modern kitchen and bathroom.
Externally, to the rear of the property, there is a covered lean-to storage area together with an enclosed and partially covered yard area that allows for external storage and loading.

Key features

• Ground floor retail premises with a two-bedroom flat above.
• Retail Net Internal Area of 81.02sq.m / 872sq.ft.
• Residential Net Internal Area of 42.77sq.m / 460sq.ft.
• Income producing investment let at £18,000p.a.x.
• Let by way of an FRI lease expiring in May 2029.
• Potential to increase rent upon review.