84-88 Wiltshire Rd | Derby DE21 6EZ
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84-88 Wiltshire Rd
Derby DE21 6EZ
Retail Property For Sale
Investment Highlights
- Retail investment in the busy Derby suburb of Chaddesden
- Rental income of £51,140 per annum
- Redevelopment potential – planning permission granted for first floor change of use to 11 apartments
- Nearby operators include Heron Foods, Coral, Wilsons Pharmacy and others
Executive Summary
The property is freehold subject to existing occupational tenancies. It should be noted that Nos 80 & 82 Wiltshire Road are not included within the Title.
The property appears to have been constructed in the 1950s and was originally a supermarket. The property is of concrete construction with the ground floor subdivided into 3 retail units and ancillary with first floor accommodation to the rear, utilised by Derby Braids & Trimming.
The property benefits from significant forecourt with customer parking, with yard area and servicing to the rear.
The property appears to have been constructed in the 1950s and was originally a supermarket. The property is of concrete construction with the ground floor subdivided into 3 retail units and ancillary with first floor accommodation to the rear, utilised by Derby Braids & Trimming.
The property benefits from significant forecourt with customer parking, with yard area and servicing to the rear.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
11,042 SF
Building Class
C
Year Built
1950
Price
$1,427,877 CAD
Price Per SF
$129 CAD
Cap Rate
6.45%
NOI
$92,031 CAD
Tenancy
Single
Building Height
2 Stories
Frontage
19 ft on Wiltshire Rd
Amenities
- Security System
- Energy Performance Rating - C
- Automatic Blinds
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