A substantial freehold investment opportunity with attractive period residential house converted into two self contained spacious flats with VP, large commercial garage/workshop 1600 SQ Ft, currently let. Town centre location. Great potential.
An interesting opportunity has arisen to purchase this substantial mixed used development close to the town centre of Ilkeston.
To the front is an instantly attractive double fronted period house currently divided into two self contained flats, one to the ground floor and one to the first floor with independent access and services.
To the rear of the residential building and fronting Durham Street is a single storey commercial garage/work shop which is approx 150 SQM (1600 square feet ) of overall usable space and is currently let on a 12 month rolling commercial lease*.
Completing the freehold opportunity is detached bricked built tandem double length residential garage attached to the side of the property fronting Stamford street which is currently let on an informal basis*
The residential element of this freehold offers great potential and could be re purposed into commercial premises such as consultancy rooms, hairdressers/beautician or offices etc (subject to change of use) or alternatively subject to some cosmetic refurbishment offer a ready made residential investment as two self contained flats or alternatively bedsits (subject to the necessary consents).
Located just off Bath Street near the town centre of Ilkeston a busy market town with a variety of national and independent retailers and local services all close by and Ilkeston now boasts a recently opened train station linking it to nearby towns and cities.
Equally suited to a property investor, speculator or those looking to run their business whilst having an income at the same time, only on viewing the premises can the potential be fully appreciated.
9a Stamford Street (Ground Floor Flat)
A large two bedroom flat with gas central heating.
5.22 x 2.1 (17'1" x 6'10")
Front Reception Room
3.95 x 3.93 (12'11" x 12'10")
The entrance lobby and lounge has previously provided for an open plan kitchen area, living and dining room, though is currently set up as a salon.
3.7 x 3.64 (12'1" x 11'11")
Aspect to the front.
3.96 x 3.96 (12'11" x 12'11")
Aspect to the rear and door to:-
2.51 x 2.11 (8'2" x 6'11")
A four piece suite comprising wash hand basin, low flush WC, bath and shower cubicle.
9b Stamford Street (First Floor Flat)
Separate access is provided from a front door on Durham Street which has a staircase leading to an enclosed substantial landing area and an additional front door leading to the flat itself. Which is centrally heated.
5.23 x 2.12 (17'1" x 6'11")
Doors to all rooms.
6.17 x 3.96 (20'2" x 12'11")
Windows and aspect over the front.
3.98 x 3.96 (13'0" x 12'11")
Windows to the front and side.
3.97 x 3.95 (13'0" x 12'11")
Internal window to the rear lobby.
2.48 x 2.83 (8'1" x 9'3")
Basic range of units, sink, plumbing for washing machine and window to the rear.
2.67 x 1.34 (8'9" x 4'4")
Bath and wash hand basin.
Housing a low flush WC.
The ground floor has an additional side lobby which provides for a kitchen or store and measures approx 5.61m x 2.22m.
14.66 x 12.79 (48'1" x 41'11")
(Maximum overall measurements, plus separate office and staff toilet) An L shaped self-contained workshop approx 150 SQM (1600 SQFt) with concertina doors facing Durham Street. Constructed from a steel truss frame with insulated roof, three phase electricity and gas fired blower heater. This unit is currently let for vehicle repairs on a 12 month commercial lease.
12.19 x 4.57 (39'11" x 14'11")
Attached to the side of the property and fronts Stamford Street, currently let on an informal arrangement
To the rear is a small covered yard area which accessed from the side garage.
From Nottingham proceed towards Ilkeston on the A6007 arriving at the first main island at the top of Ilkeston take the third exit following the A6007 descending Chalons Way. At the next traffic island continue straight on following the A6007 unit you reach what is known as the Tesco Island with the Stanton Rail Truck in the centre. At this point turn left and left again onto Bath. Stamford Street is the second turning on the left, where the property can be found on corner of Stamford Street and Durham Street.
* Rental income
For further information contact the selling agent.
A substantial freehold investment opportunity with attractive period residential house converted into two self contained spacious flats with VP, large commercial garage/workshop 1600 square feet, currently let. Town centre location. Great potential.