Acquired
Old Whittington – 2 Shops & 1 Flat
66C/66D Station Lane, Old Whittington, Derbyshire S41 9NSFreehold Retail & Residential Investment
Investment Consideration
- Comprises two ground floor shops and residential flat at first floor
- Flat benefits from off-street parking and rear garden
- Located in predominantly residential area with occupiers nearby including Nisa Local and Station Lane Industrial Estate
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
The property comprises two ground floor shops and first floor self-contained flat accessed from the rear. The flat benefits from off-street parking to the side and a rear garden.
The property provides the following accommodation and dimensions:
Ground Floor: 57 sq m (614 sq ft)
No. 66c – Retail Shop (Vacant)
No. 66d - Beauty Studio
First Floor: Not Inspected
No. 66d - Residential Flat: 3 Rooms, Kitchen, Bathroom/WC
The property provides the following accommodation and dimensions:
Ground Floor: 57 sq m (614 sq ft)
No. 66c – Retail Shop (Vacant)
No. 66d - Beauty Studio
First Floor: Not Inspected
No. 66d - Residential Flat: 3 Rooms, Kitchen, Bathroom/WC
Tenancy Description
The No. 66C Ground Floor Shop is at present vacant.The No. 66D Ground Floor Shop is at present let to Individual for a term of 12 Months from 21st June 2007 at a current rent of £1,560 per annum and the lease contains full repairing and insuring covenants. Rent review every 12 months on anniversary date (21 June). The No. 66D First Floor Flat is at present let on AST to an Individual for a term of 12 Months from 19 September 2016 (Holding Over) at a current rent of £4,800 per annum. Deposit held of £445.
Tenancies & Accommodation
Location Description
Old Whittington is a village in Derbyshire and 2 miles (3.2 km) north (and a suburb) of Chesterfield and is 10 miles (16 km) south-east of Sheffield. Bus service is run by Stagecoach. Route 25 links to New Whittington and Holymoorside whilst routes 50 and 50a link to Chesterfield and Eckington and Sheffield. Stagecoach also operates bus services 43 and 44, linking Old Whittington and Sheffield via Dronfield. The property is located in predominantly residential area with occupiers nearby including Nisa Local and Station Lane Industrial Estate.
