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3 Shardlow Rd
Derby DE24 0JH
Morley House · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Current passing rent £11,000 pax.
  • Upward only rent review at the 5th year.
  • EPC - D77

EXECUTIVE SUMMARY

The property forms part of ‘Morley House’ which consists of a terrace of five two-storey retail units. The subject property occupies an end of terrace position and benefits from a ground floor display window and facing brickwork elevations set beneath a flat asphalt roof. Internally the ground floor retail area provides a width of 17’2” and a depth of 39’ albeit this is of trapezoidal shape, tapering toward the rear, where there are male and female toilets. The first floor is of similar configuration but provides ancillary storage space together with a small kitchenette. The property has recently been subject to a scheme of redecoration and refurbishment in keeping with the current tenants fit out requirement. To the rear and accessed via a shared yard there is additional surface storage, together with separate ground and first floor staff entrance points. The property is situated within the Alvaston District Retail Centre, a busy suburb of Derby located approximately two miles South East of Derby City Centre via London Road (A60). The location provides good road communications for retail customers with the A52/A50/A5111 Outer Ring Road all lying within close proximity. The property is situated in a prominent position on Shardlow Road (A6) being located close to a number of national occupiers including Dominos, Bet Fred, Birds Bakery and Subway.

PROPERTY FACTS

Property Type Retail
Property Subtype Shopfront
Costar Property Class B
Total Plot Size 0.03 ac
Net Internal Area (NIA) 3,661 sq ft
No. Floors 2
Year Built 1960
APN / Parcel ID DY138180

AMENITIES

  • Security System
  • EPC - C
  • Storage Space
  • Listing ID: 25149036

  • Date on Market: 01/03/2022

  • Last Updated:

  • Address: 3 Shardlow Rd, Derby DE24 0JH

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