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9-11 Hayfield Close 499 - 1,029 sq ft Retail Units Offered at £109,500 - £135,000 Per Unit in Belper DE56 1FA
3 Units Available
Unit 9
| Unit Size | 499 sq ft | Sale Type | Investment |
| Price | £109,500 | Tenure | Long Leasehold |
| Price Per sq ft | £219.44 | Net Initial Yield | 7.01% |
| Unit Use | Retail | NOI | £7,680 |
| Unit Size | 499 sq ft |
| Price | £109,500 |
| Price Per sq ft | £219.44 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Net Initial Yield | 7.01% |
| NOI | £7,680 |
Description
Property Description:
Comprises ground floor shop t/a hair salon, which forms part of an established retail parade and provides the following accommodation and dimensions:
Retail Shop: 46.40 sq m (499 sq ft)
Open plan retail, Kitchenette, WC, Storage
Location:
The market town of Belper lies 9 miles north of Derby, on the edge of the Peak District. The town is located on the A6 and is some 15 miles west of Junction 26 of the M1 Motorway. The property is situated in a predominantly residential area on the east side of Hayfield Close, at its junction with Ladywood Avenue.
Sale Notes
Investment Consideration:
VAT is NOT applicable to this property
Comprises ground floor retail shop t/a hair salon
Situated in predominantly residential area within 1 mile from Belper Town Centre.
Tenancy:
The property is at present let to an Individual for a term of 10 Years from 1st March 2017 at a current rent of £7,680 p.a. and the lease contains full repairing and insuring covenants. Break clause in 2022 NOT exercised. Tenant in occupation since 1999.
Tenure:
Long leasehold. To be held on a 999 year lease from completion at a ground rent of peppercorn.
No.9 main picture
, 10 & 11 Hayfield Close, Belper, Derbyshire, DE56 1FA 7
, 10 & 11 Hayfield Close, Belper, Derbyshire, DE56 1FA 8
, 10 & 11 Hayfield Close, Belper, Derbyshire, DE56 1FA 9
No.9 plot
Unit 10
| Unit Size | 499 sq ft | Sale Type | Investment |
| Price | £110,000 | Tenure | Long Leasehold |
| Price Per sq ft | £220.44 | Net Initial Yield | 7.45% |
| Unit Use | Retail | NOI | £8,200 |
| Unit Size | 499 sq ft |
| Price | £110,000 |
| Price Per sq ft | £220.44 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Net Initial Yield | 7.45% |
| NOI | £8,200 |
Description
Property Description:
Comprises ground floor shop t/a beauty salon, which forms part of an established retail parade and provides the following accommodation and dimensions:
Retail Shop: 46.40 sq m (499 sq ft)
Open plan retail, Kitchenette, WC, Storage
Location:
The market town of Belper lies 9 miles north of Derby, on the edge of the Peak District. The town is located on the A6 and is some 15 miles west of Junction 26 of the M1 Motorway. The property is situated in a predominantly residential area on the east side of Hayfield Close, at its junction with Ladywood Avenue.
Sale Notes
Investment Consideration:
VAT is NOT applicable to this property
Comprises ground floor retail shop t/a beauty salon
Situated in predominantly residential area within 1 mile from Belper Town Centre.
Tenancy:
The property is at present let to an Individual for a term of 5 Years from 14th September 2022 at a current rent of £8,200 p.a. and the lease contains full repairing and insuring covenants.
Tenure:
Long leasehold. To be held on a 999 year lease from completion at a ground rent of peppercorn.
+1 More
No.10 main picture
, 10 & 11 Hayfield Close, Belper, Derbyshire, DE56 1FA 13
, 10 & 11 Hayfield Close, Belper, Derbyshire, DE56 1FA 14
, 10 & 11 Hayfield Close, Belper, Derbyshire, DE56 1FA 15
No.10 plot
9, 10 & 11 Hayfield Close, Belper, Derbyshire, DE56 1FA location
Unit 11
| Unit Size | 1,029 sq ft | Sale Type | Investment |
| Price | £135,000 | Tenure | Long Leasehold |
| Price Per sq ft | £131.20 | Net Initial Yield | 8.70% |
| Unit Use | Retail | NOI | £11,750 |
| Unit Size | 1,029 sq ft |
| Price | £135,000 |
| Price Per sq ft | £131.20 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Net Initial Yield | 8.70% |
| NOI | £11,750 |
Description
Comprises double fronted ground floor shop t/a bathroom & kitchen retailer, which forms part of an established retail parade and provides the following accommodation and dimensions:
Retail Shop: 95.59 sq m (1,029 sq ft) Open plan retail, Kitchenette, WC, Storage
Location:
The market town of Belper lies 9 miles north of Derby, on the edge of the Peak District. The town is located on the A6 and is some 15 miles west of Junction 26 of the M1 Motorway. The property is situated in a predominantly residential area on the east side of Hayfield Close, at its junction with Ladywood Avenue.
Sale Notes
Investment Consideration:
VAT is NOT applicable to this property
Comprises double fronted ground floor shop t/a bathroom & kitchen retailer
Situated in predominantly residential area within 1 mile from Belper Town Centre
Tenancy:
The property is at present let to Five Lamps Interiors Limited for a term of 5 Years from 1st March 2026 at a current rent of £11,750 p.a. and the lease contains full repairing and insuring covenants. Tenant in occupation since 2021.
Tenure:
Long leasehold. To be held on a 999 year lease from completion at a ground rent of peppercorn.
No.11 main picture
11 Hayfield Close, Belper, Derbyshire, DE56 1FA 3
11 Hayfield Close, Belper, Derbyshire, DE56 1FA 2
9, 10 & 11 Hayfield Close, Belper, Derbyshire, DE56 1FA location
Property Facts
| Total Property Size | 2,027 sq ft | Floors | 2 |
| Property Type | Retail | Typical Floor Size | 1,014 sq ft |
| Property Subtype | Shopfront Retail / Residential | Year Built | 1971 |
| Costar Property Class | B | Total Plot Size | 0.19 ac |
| Total Property Size | 2,027 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 1,014 sq ft |
| Year Built | 1971 |
| Total Plot Size | 0.19 ac |
Amenities
- Storage Space
Major Tenant Information Click Here to Access
| TENANT | sq ft Occupied | LEASE END DATE |
|---|---|---|
| Five Lamps Interiors Ltd |
-
|
Jan 0000
|
| Baobab Tree Beauty |
-
|
Jan 0000
|
| Head Masters |
-
|
Jan 0000
|
Nearby Major Retailers
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9-11 Hayfield Close
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