>
Derby Road, Stapleford NG9 2 bed detached house for sale
Derby Road, Stapleford NG9
£300,000
Derby Road, Stapleford NG9
£300,000
Our Summary
- There is lapsed planning permission for two apartments to be built on the back of this building and so a precedent has been set
- Also planning permission is granted to convert the back work spaces into a separate 1-bedroom apartment and still retain the front retail space
Description
This mixed-use property in Stapleford town centre offers a unique opportunity to own a commercial retail and office space with a two-bedroom residential apartment above. The ground floor retail space, currently tenanted, has a prominent high street position and features a Victorian frontage, air conditioning, and gas central heating. The space is approximately 80 sq.m. and has potential for various retail and professional services. The rear of the retail space has two open-plan offices, a private office, kitchenette, and WC. There is also lapsed planning permission for two apartments to be built on the back of the building and planning permission to convert the back workspaces into a separate one-bedroom apartment. The first-floor apartment is currently tenanted and features an open-plan kitchen and living room, two double bedrooms, and a generous bathroom. The property has a great return on investment, with the ground floor commercial space leased for £12,000 per annum and the residential apartment leased for £9,600 per annum.