The subject property is located on the northern side of Salisbury Street in the busy town of Long Eaton, Derbyshire.
Long Eaton is a market town located just 7.5 miles south west of Nottingham and 10 miles east of Derby, both reached within a 20 minute drive, however a regular bus service links the two cities and Long Eaton is a major terminus for this.
In the immediate vicinity there are large superstores including Tesco and Asda along with a wide range of local and national retailers.
The M1 motorway is located just 2.5 miles from the subject property and links the north to the south.
Built in 1908 this Edwardian detached property is currently being utilised as offices for as firm of accountants.
The property is accessed via the side entrance which leads to the reception area with bay window to the front elevation. The hallways leads to two further offices, one small one to the front elevation and one large one to the west elevation. Further downstairs rooms include a small storage room and separate male and female toilets with washbasins. Upstairs there is a large galleried landing, four further offices and a staff kitchen / filing area. Outside of the property there is ample parking for up to 5 vehicles and a rear courtyard.
First Floor 77m2 829ft2
Second Floor 76m2 818ft2
Total 143m2 1647ft2
Approx. gross internal floor area.
We understand the property has connections to mains gas, electricity, water and drainage.
The property is freehold
The premises have a current rateable value of £7,500.
It is envisaged that should the property be let out as an office block an anual rental income of £12,000 could be achieved, this represents a gross yield of 9.6%.
Should the property be converted to a residential dwelling (STP) there is substantial scope to add value
To view this property, please contact John Pye Property – firstname.lastname@example.org – 0115 970 6060
10 Salisbury Street
✓ Substantial detached period property
✓ Close to town centre
✓ Secure parking for 4/5 vehicles
✓ Close to amenities
✓ Large Rooms
✓ High Ceilings
✓ Kitchen facilities
✓ Washroom facilities
✓ Rear courtyard
✓ Double glazed throughout
✓ Gas central heating
Phone: 0115 970 6060
Our Ref: PR267