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Commercial Investment/Retail Unit

Matlock, DE4 - Get Access

Description

A modern ground floor retail unit previously let as an Osteopath for £6,750 per annum. The shop, studio or office consists of retail accommodation, a store room area, kitchen and staff toilets totalling about 57.8 sq m (622 sq ft). It is in good decorative order with plenty of natural light and ready for occupation. Matlock is a historic market and former spa town located in Derbyshire. It serves as the county town of Derbyshire and is situated along the River Derwent on the southeastern edge of the Peak District National Park, roughly 9 miles south-west of Chesterfield and 19 miles north of Derby. Smedley Street is split locally into Smedley Street West and Smedley Street East, and has transformed into a bustling, up-and-coming commercial and residential hub known for its independent character, artisan retailers, local salons, traditional stone cottages, popular local eateries such as the Blue Pig Deli, and friendly micropubs. The property is located on the north side of Smedley Street, just east of its junction with Wellington Street in a mixed-use area. Tenure: Leasehold - 999 year lease from 21/05/2010 at a peppercorn ground rent. Additional details: Ground floor shop - retail (44.9 sq m / 483 sq ft), Store (6.6 sq m / 71 sq ft), Kitchen (0.8 sq m / 9 sq ft), Toilets (5.5 sq m / 59 sq ft). All areas have been provided by the vendor. Planning enquiries can be directed to Derbyshire Dales District Council.
Comparable sales
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Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 622 sq ft (Listing)

Valuing this ground floor commercial retail unit in Matlock involves examining local small-scale commercial property values per square foot. The unit benefits from a modern layout spanning 622 sq ft with traditional stonework and good natural light. Current condition is generally good with minor cosmetic updates needed to carpets and lighting.

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