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Retail investment property in town centre
Heanor, DE75 - Get Access
Description
An opportunity to acquire a retail investment property let to The Hub Coffee Shop, located in the heart of Ilkeston town centre with a current rent reserved of £18,000 per annum. The property occupies a prominent corner position within an imposing building, situated within an established retail parade directly opposite Ilkeston Market Place. Nearby notable occupiers include Snap Fitness, Lloyds, and Hogarths. The location benefits from being close to multiple town centre pay-and-display car parks and adjacent to a bus stop serving surrounding areas. The accommodation comprises a ground floor coffee shop unit providing an open plan sales area, staff kitchen, staff and customer toilets, and a stock room. The unit benefits from double-glazed frontages onto South Street. Offered for sale on a new 999-year long leasehold (virtual freehold), the property is let on a 5-year lease from 4th August 2026 with a current rent reserved of £18,000 per annum, making this an ideal high-yielding opportunity for investors.
Comparable sales
No comparables available.