This Retail Property is no longer advertised on LoopNet.co.uk.

21-23 Friar Gate
Derby DE1 1BX
Retail Property For Sale

Investment Highlights

  • Opposite University College of Law & New Business.
  • 8.5% Net Initial Yield after 5.75% purchaser costs.
  • 7 resi units on AST's were producing £75,840 p.a. Gross.
  • Tenants unaffected.
  • Previously Let @ £124,540 p.a. (c£100,000 net).
  • Pub on effective FRI lease to 2039 @ £47,500 p.a.
  • 3 cluster rooms recently vacated, if not let vendor will underwrite rent 3x months.

Property Facts

Property Type
Retail
Property Subtype
Bar
Property Size
6,323 sq ft
Costar Property Class
B
Year Built
1902
Tenancy
Single
Number of Floors
1

Amenities

  • 24 Hour Access
  • Bus Route
  • EPC - D
  • Listing ID: 35328695

  • Date on Market: 01/04/2025

  • Last Updated:

  • Address: 21-23 Friar Gate, Derby DE1 1BX

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