Mixed Use Property
22 Town Street, Duffield, Belper, Derbyshire DE56 4EH
£475,000
31 July 2025
GUIDE PRICE
AUCTION DATE
Well located in the heart of Duffield Village, is a large mixed use property with ground floor retail unit and two first floor luxury fitted two bedroomed apartments, all offered for sale with immediate vacant possession.
In our opinion, the retail unit would let for circa £35,000 per annum. The two apartments we would expect a rental income of £950 per calendar month per unit. The potential combined gross rental income when fully let will be in the region of £57,800 per annum. This represents an impressive 12.1% return based on the guide price.
The two-storey building is of traditional brick construction under a pitched tiled roof. The ground floor features an attractive period style wooden frame retail frontage which has been painted blue. The first floor is rendered in white with grey painted attractive sash window frames.
The property comprises a ground floor retail/restaurant premises which has been extended and renovated in part. Externally there is access to a small, shared courtyard. The property is currently in a shell condition.
In our opinion, the retail unit would let for circa £35,000 per annum. The two apartments we would expect a rental income of £950 per calendar month per unit. The potential combined gross rental income when fully let will be in the region of £57,800 per annum. This represents an impressive 12.1% return based on the guide price.
The two-storey building is of traditional brick construction under a pitched tiled roof. The ground floor features an attractive period style wooden frame retail frontage which has been painted blue. The first floor is rendered in white with grey painted attractive sash window frames.
The property comprises a ground floor retail/restaurant premises which has been extended and renovated in part. Externally there is access to a small, shared courtyard. The property is currently in a shell condition.
22 Town St, Duffield, DE56 4EH
Guide Price
£475,000
Auction Date
31 Jul 2025
Time
09:00
Auctioneer
SDL Auctions
SDL Auctions
17 Regan Way, Chetwynd Business Park, Chilwell, Nottingham, NG9 6RZ
0800 046 5454
About SDL Auctions
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