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Retail/Shop

Retail/Shop For Sale Swadlincote

PROPERTY ID: 113692

PROPERTY TYPE

Retail/Shop

STATUS

Under Offer

SIZE

2,250 sq.ft

Key Features

Town Centre commercial/residential property investment.
Two self-contained ground floor retail units.
two self-contained first floor flats.
Prime location on established Swadlincote High Street.
Fully let with a current passing rent £30,975 P.A.X.
Guide price reflects a yield of approximately 9.3%.

Property Details

Swadlincote is a relatively large industrial town

having a population of over 42,000 situated within

the district of South Derbyshire, close to the

border with Staffordshire. The town relied

historically upon the coal mining industry for

employment, but since the decline of mining in the

area has attracted a more diverse industrial

employment base, with the expansion of industrial

estates on the periphery of the town.

The property is situated prominently on

Swadlincote High Street. The Subject is located on

the south side of High Street nearby occupiers

include Birds Bakery, William Hill, Boots, Greggs

and Papa Johns.

The property comprises a mixed-use commercial

and residential property having two self-contained

ground floor retail units and two self-contained

first floor flats. The building is mid-terrace being of

solid brick construction beneath a pitched slate

roof.

Internally 20 High Street comprises a retail shop

having a sales area and a rear store, kitchen and

WC. 18 High Street is an opticians having a retail

sales area, two offices, a kitchenette, WC and

ancillary storage to the rear.

Both the ground floor units benefit from a rear

yard. The units benefit from a traditional

specification having carpeted floors, painted

plaster walls, suspended ceilings category 2

lighting and attractive traditional glazed retail

frontages to High Street.

The first-floor flats are accessed from a private

entrance door and staircase to the right of the

shop front. The flats have a traditional layout

having a bedroom, living area, bathroom and

kitchen. The flats benefit from carpeted floors,

painted plaster walls, fluorescent light bulbs and

gas fired central heating.

Externally the property benefits from a private car

park to rear which is accessed via Ernest Hall Way.

Open map Street View

About the Agent

David Brown Commercial

See Agent's Other Properties

Property Investment

£335,000 Freehold

18 High Street, Swadlincote, DE11 8HY
Retail/Shop - Under Offer
2,250 sq ft
209 sqm
Show phone number

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