Old Whittington – 66C/66D Station Lane, S41 9NS Freehold Retail & Residential Investment Old Whittington – 66C/66D Station Lane, Derbyshire S41 9NS Freehold Retail & Residential Investment

Investment Consideration: ▪ Purchase Price: £160,000 ▪ Rental Income: £6,360 p.a. ▪ ERV: ~£11,310 GIY: 7.07% ▪ VAT is NOT applicable to this property ▪ Comprises two ground floor shops and residential flat at first floor ▪ Flat benefits from off-street parking and rear garden ▪ Located in predominantly residential area with occupiers nearby including Nisa Local and Station Lane Industrial Estate

Tenancies and Accommodation: Old Whittington – 66C/66D Station Lane, Derbyshire S41 9NS Freehold Retail & Residential Investment

Property Description: The property comprises two ground floor shops and first floor self- contained flat accessed from the rear. The flat benefits from off-street parking to the side and a rear garden. The property provides the following accommodation and dimensions: Ground Floor: 57 sq m (614 sq ft) No. 66c – Retail Shop (Vacant) No. 66d - Beauty Studio First Floor: Not Inspected No. 66d - Residential Flat: 3 Rooms, Kitchen, Bathroom/WC

Tenancy: The No. 66C Ground Floor Shop is at present vacant. The No. 66D Ground Floor Shop is at present let to Individual for a term of 12 Months from 21st June 2007 at a current rent of £1,560 per annum and the lease contains full repairing and insuring covenants. Rent review every 12 months on anniversary date (21 June) The No. 66D First Floor Flat is at present let on AST to an Individual for a term of 12 Months from 19 September 2016 (Holding Over) at a current rent of £4,800 per annum. Deposit held of £445. Old Whittington – 66C/66D Station Lane, Derbyshire S41 9NS Freehold Retail & Residential Investment

Location: Old Whittington is a village in Derbyshire and 2 miles (3.2 km) north (and a suburb) of Chesterfield and is 10 miles (16 km) south-east of . Bus service is run by Stagecoach. Route 25 links to and whilst routes 50 and 50a link to Chesterfield and Eckington and Sheffield. Stagecoach also operates bus services 43 and 44, linking Old Whittington and Sheffield via . The property is located in predominantly residential area with occupiers nearby including Nisa Local and Station Lane Industrial Estate. Old Whittington – 66C/66D Station Lane, Derbyshire S41 9NS Freehold Retail & Residential Investment

Contacts: To view copies of the leases, information on the title, other information, please contact Joseph Bachman or Prash Jaitley.

Joseph Bachman – COO Prash Jaitley – Managing Partner M: +44(0)77236 19270 M: +44(0)79618 53166 E: [email protected] E: [email protected]

Address:

Blue Alpine Partners Limited Trading Address: 83c Ashley Gardens, Thirleby Road, London, SW1P 1HG Registered Address: Suite 115, Devonshire House, Manor Way, Borehamwood, Hertfordshire, WD6 1QQ

Disclaimer: Blue Alpine Partners prepares sales and letting particulars diligently and all reasonable steps are taken to ensure that they are correct. Neither a seller nor a landlord nor Blue Alpine Partners will, however, be under any liability to any purchaser or tenant or prospective purchaser or tenant in respect of them. If a property is unoccupied, Blue Alpine Partners may not have all the information required by a prospective purchaser or tenant in its possession, may not be able to obtain it and may not be able to verify all the information which it does hold. Prospective purchasers should make their own investigations before finalising any agreement to purchase or lease.