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Investment Highlights

  • Huge investment opportunity with strong upside potential
  • Multiple access points enabling subdivision
  • Opportunity to redevelop or convert (subject to planning)
  • Wide plot offering flexible configuration
  • Suitable for multi-income strategies

Executive Summary

This is a rare opportunity to acquire a substantial, centrally located freehold property in Heanor town centre offering approximately 2,861 sq ft across two floors. The asset presents strong value-add potential through refurbishment or full reconfiguration, with scope to create multiple income streams from a multi-let or mixed-use scheme (subject to planning). Its wide plot and multiple access points facilitate flexible redevelopment options, making it attractive for investors or developers seeking to maximise returns in a well-positioned town centre location. Partial occupancy of the ground floor provides an opportunity for interim income while redevelopment plans are progressed.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
6,458 SF
Building Class
C
Year Built
1910
Price
$756,812 CAD
Price Per SF
$117.19 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.85
Lot Size
0.17 AC
Frontage
66’ on Godfrey Street

Amenities

  • Corner Lot
  • Security System
  • Signage

Nearby Major Retailers

Costcutter
Tesco Superstore
Lloyds Bank
Londis
Co-op
SPAR
  • Listing ID: 41330255

  • Date on Market: 2026-07-17

  • Last Updated:

  • Address: 14A Godfrey St, Heanor DE75 7GD

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