Retail/Shop For Sale Ilkeston
PROPERTY ID: 115348
PROPERTY TYPE
Retail/Shop
STATUS
Available
SIZE
1,754 sq.ft
Key Features
Property Details
Ilkeston is a Derbyshire market town situated approximately 10 miles to the north east of Derby city centre and just 7.5 miles to the west of Nottingham. The town boasts good transport links with the M1 motorway close by and the recent opening of Ilkeston train station improving the towns connectivity. The subject property is located on Bath Street which serves as the town's primary high street. Other well known retailers and businesses on the high street include Lloyds Bank, William Hill and Timpson's.
148 Bath Street Comprises A Two-storey Mid-terraced Retail Property With The Current Occupants 'premier Community Mobility' Committing To A New 10 Year Internal Repairing And Insuring Lease (with The Exception Of The Roof) From The 16th July 2023 At A Passing Rent Of £16,000 Per Annum Which Includes A Break On The 5th Anniversary. Currently, The Property Provides A Large Main Retail Area To The Front, Additional Retail / Storage On The Rear Which Includes A Small Partitioned Office And Access To Further Storage To The First Floor. The Property Also Benefits From Two Dedicated Parking Spaces. With The Tenants Committing To A Further 10 Years, This Property Provides A Strong Return On The Investment Available Which Is Rarely Seen Within The Area. Additionally The Property Currently Has Secured Planning Consent For The Alteration And Of The Existing First Floor Accommodation To Create A Two-bedroom Apartment. For Further Detail Of The Scheme, Use The Reference 0418/0018 On The Erewash Borough Council Planning Register.