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21A Market Pl 1,588 sq ft Retail Property Codnor DE5 9QA £225,000 (£141.69/sq ft) 5.60% Net Initial Yield
Investment Highlights
- Mixed-use investment opportunity
- Prominent end-of-parade position
- Ground floor salon with treatment rooms
Executive Summary
A substantial end-of-parade mixed-use investment property situated in a popular village location. The property comprises a ground floor hair and beauty salon with treatment rooms, ancillary storage, kitchen/staff facilities and WC accommodation, together with a self-contained two-bedroom first floor flat generating rental income.
Externally, the property benefits from off-road parking, a detached single garage and a brick-built former slaughterhouse with loft space offering additional storage or future potential (subject to the necessary consents).
The property provides an established investment opportunity with diversified residential and commercial income streams.
Externally, the property benefits from off-road parking, a detached single garage and a brick-built former slaughterhouse with loft space offering additional storage or future potential (subject to the necessary consents).
The property provides an established investment opportunity with diversified residential and commercial income streams.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,588 sq ft
Costar Property Class
B
Year Built
1940
Price
£225,000
Price per sq ft
£141.69
Yield
5.60%
NOI
£12,600
Tenancy
Single
Number of Floors
2
Frontage
25 ft on Market Place
Amenities
- Security System
- Signage
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Nearby Major Retailers
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Photos
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21A Market Pl
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