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1-5 Chapel Walk 2,509 sq ft 100% Let Retail Property Alfreton DE55 7BJ £725,000 (£288.96/sq ft)



INVESTMENT HIGHLIGHTS
- Fully Tenanted With Long Standing Tenants
- Total Income of £65,796 Per Annum
- Five Retail Units
- Producing A Strong 9% Yield
- Five Two Bedroomed Apartments
- Ten Parking Spaces
EXECUTIVE SUMMARY
Leaders are delighted to offer this outstanding opportunity to acquire a fully-let, mixed-use freehold investment producing a strong 9% yield, with a total annual income of £65,796. The property comprises five well-located retail units and five spacious two-bedroom residential apartments, each fully self-contained and individually metered, with tenants responsible for their own utilities
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,509 sq ft
Costar Property Class
B
Year Built
1980
Price
£725,000
Price per sq ft
£288.96
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
1.25
Total Plot Size
0.05 ac
AMENITIES
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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1-5 Chapel Walk
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