121 and 121a Nottingham Road, Derby, DE1 3QR

Property Information

• Prominent position on Nottingham Road just off the A52 and 0.5 miles from Derby City Centre
• Ground floor unit let to Chill @ Chives producing £13,500 per annum on a term expiring September 2029
• First floor let to Major Oak Construction Ltd at a rent of £6,000 per annum by way of licence
• The property has development potential and would suit residential conversion
• Price – £250,000 reflecting gross initial yield of 7.8%

Reference No: 10874