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5, Station Road, Ilkeston, DE7 5LD

An excellent opportunity to acquire the commercial investment of a ground floor retail premises leased to a national chain of bett...
Location: 5 Station Road, DE7 5LD
Property type: Other, Other Property Types & Opportunities
Tenure type: For Sale Leasehold
Tenancy type: Investment
Auction Venue
The Pedigree Suite, Pride Park Stadium, Derby, DE24 8XL
Date : 11th April 2019
Time : 11:30 am
Guide Price : £68,000+

An excellent opportunity to acquire the commercial investment of a ground floor retail premises leased to a national chain of betting shops.

Property Description
The property sits within a modern parade of shops and is well located within the heart of the main retail area of Ilkeston town centre. The sale is for the ground floor retail space only, the first-floor accommodation is used as offices and is not included in the sale. The premises are let to Megabet with the current lease expiring Nov 2021. Megabet have indicated that they are happy with the performance of the Ilkeston shop and have no plans to vacate at the end of their current term. The shop is of brick construction with glazed frontage under a pitched and tiled roof. The retail area offers 560 sq.ft. of accommodation with staff office and wc. There is a separate store/staff room to the rear of the property extending to a further 95 sq.ft. There is a fire escape leading from the store room to a shared outdoor yard/loading area to the rear of the premises.

Retail area: 52m2 (560sq ft)
Store Room: 8.8m2 (95sq ft)
WC
Outside
Shared rear yard, accessed via fire escape from store room.

Tenure
Leasehold. Subject to tenancy.

Viewings Details
Viewings can be booked online (under the Lot Information section on this page) or by contacting the auctioneers on 01332 242880.
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