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Sadler Gate

1,987 SF 100% Leased Retail Building Derby DE1 3NL $1,155,735 CAD ($582 CAD/SF)

Investment Highlights

  • Prominent position on Sadler Gate in Derby City Centre
  • Recently renovated in 2020
  • Fully let and income producing for the next academic year up to July 2025
  • Rental increase of 18% over the past three years

Executive Summary

Income producing student accommodation and office investment in City Centre location.
The property is available at a price of: £650,000 to show a gross initial yield of 10.00%.
Total rental income £65,115 per annum.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,987 SF
Building Class
B
Year Built/Renovated
1900/2020
Price
$1,155,735 CAD
Price Per SF
$582 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.06
Land Acres
0.02 AC
Frontage
28 ft on Sadler Gate

Amenities

  • Signage
  • Energy Performance Rating - C

Nearby Major Retailers

Loungers
HSBC
Farmfoods
Cosy Club
Caffe Nero
Turtle Bay
Santander
Natwest
Nando's
Slug & Lettuce
  • Listing ID: 33109519

  • Date on Market: 2024-09-09

  • Last Updated:

  • Address: Sadler Gate, Derby DE1 3NL

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