Commercial property for sale in Derby, England

Property Overview: A fantastic investment opportunity offering a fully let, mixed-use property located just off the main high street in Alvaston, Derby, close to Tesco and other local amenities. The property comprises a ground floor self-contained commercial unit and a first-floor one-bedroom apartment, both producing immediate rental income. Key Features: - Ground floor self-contained commercial unit - Newly let to a well-established and popular local takeaway - Current commercial rental income: £600 per calendar month - First-floor one-bedroom apartment let on an AST to a long-term tenant - Current residential rental income: £650 per calendar month - Combined annual rental income: £15,000 per annum - Net yield: circa 8.6% based on a purchase price of £175,000 - Additional large freestanding unit at the rear, offering further letting potential (storage, workshop, or office use) - High demand location for both commercial and residential lettings Income and Yield: - Commercial rent: £7,200 per annum - Residential rent: £7,800 per annum - Total current income: £15,000 per annum - Net yield: Approximately 8.6% (purchase price £175,000) - Opportunity to further enhance income by letting the rear unit separately Development Potential: The freestanding rear unit offers scope for additional income generation, subject to tenant demand and minor adaptations, making this an even stronger investment over time. Summary: A cash-generating investment property in a highly sought-after area of Derby, offering immediate income and future growth potential. The strong rental demand for both commercial and residential properties in Alvaston makes this a solid addition to any property portfolio.

Commercial property for sale in Derby, England

1 bedroom mixed use for sale

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