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Vernon Street Portfolio 4 Properties Offered at £1,400,000 in Derby
Investment Highlights
- Immediate ‘exchange of contracts’ available Sold via ‘Secure Sale’
- Fully let and Managed
- Gross rental income £160,000 from the 6 separate properties
Executive Summary
Derby City Centre mixed investment for sale. Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £1,500,000
1 Vernon street - 5 serviced offices - income £19,585
2 Vernon Street - 4 serviced offices - income £27,300
Vernon House - 9 serviced offices - income £56,748
The Courtyard - Public House - Lease expiry - 13th April 2032 - passing rent £22,500 per annum
Betfred - Lease expiry - 18th September 2026 - passing rent - £21,000 per annum
71 Friar Gate - 2 bedroom student house - Let 24/25 - £13,668 per annum
1 Vernon street - 5 serviced offices - income £19,585
2 Vernon Street - 4 serviced offices - income £27,300
Vernon House - 9 serviced offices - income £56,748
The Courtyard - Public House - Lease expiry - 13th April 2032 - passing rent £22,500 per annum
Betfred - Lease expiry - 18th September 2026 - passing rent - £21,000 per annum
71 Friar Gate - 2 bedroom student house - Let 24/25 - £13,668 per annum
Property Facts
| Price | £1,400,000 | Number of Properties | 4 |
| Price psf | £154.51 / sq ft | Individually For Sale | 0 |
| Sale Condition | Auction Sale | Total Property Size | 9,061 sq ft |
| Sale Type | Investment | Total Land Area | 0.87 ac |
| Status | Active |
| Price | £1,400,000 |
| Price psf | £154.51 / sq ft |
| Sale Condition | Auction Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Property Size | 9,061 sq ft |
| Total Land Area | 0.87 ac |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 71 Friar Gate, Derby DE1 1FP | Build-to-Rent | 2,000 sq ft | 1970 | - |
| 1-2 Vernon St, Derby DE1 1FR | Office | 3,381 sq ft | 1900 | - |
|
Vernon House
Vernon St, Derby DE1 1FR |
Office | 2,687 sq ft | 1970 | - |
|
Betfred
70 Friar Gate, Derby DE1 1FP |
Retail | 993 sq ft | 1930 | - |
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