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14A Godfrey St 2,861 sq ft Retail Property Heanor DE75 7GD £400,000 (£139.81/sq ft)



Investment Highlights
- Huge investment opportunity with strong upside potential
- Multiple access points enabling subdivision
- Opportunity to redevelop or convert (subject to planning)
- Wide plot offering flexible configuration
- Suitable for multi-income strategies
Executive Summary
This is a rare opportunity to acquire a substantial, centrally located freehold property in Heanor town centre offering approximately 2,861 sq ft across two floors. The asset presents strong value-add potential through refurbishment or full reconfiguration, with scope to create multiple income streams from a multi-let or mixed-use scheme (subject to planning). Its wide plot and multiple access points facilitate flexible redevelopment options, making it attractive for investors or developers seeking to maximise returns in a well-positioned town centre location. Partial occupancy of the ground floor provides an opportunity for interim income while redevelopment plans are progressed.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Office
Property Size
2,861 sq ft
Costar Property Class
C
Year Built
1910
Price
£400,000
Price per sq ft
£139.81
Tenancy
Single
Number of Floors
2
Plot ratio
0.38
Total Plot Size
0.17 ac
Frontage
66 ft on Godfrey Street
Amenities
- Corner Lot
- Security System
- Signage
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Nearby Major Retailers
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14A Godfrey St
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