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Vernon Street Portfolio 4 Properties Offered at $2,789,869 CAD in Derby

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INVESTMENT HIGHLIGHTS

  • Immediate ‘exchange of contracts’ available Sold via ‘Secure Sale’
  • Fully let and Managed
  • Gross rental income £160,000 from the 6 separate properties

EXECUTIVE SUMMARY

Derby City Centre mixed investment for sale. Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £1,500,000
1 Vernon street - 5 serviced offices - income £19,585
2 Vernon Street - 4 serviced offices - income £27,300
Vernon House - 9 serviced offices - income £56,748
The Courtyard - Public House - Lease expiry - 13th April 2032 - passing rent £22,500 per annum
Betfred - Lease expiry - 18th September 2026 - passing rent - £21,000 per annum
71 Friar Gate - 2 bedroom student house - Let 24/25 - £13,668 per annum

PROPERTY FACTS

Price $2,789,869 CAD
Price / SF $307.90 CAD / SF
Sale Condition Auction Sale
Cap Rate 10.67%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 9,061 SF
Total Land Area 0.87 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
71 Friar Gate, Derby DE1 1FP Multifamily 2,000 SF 1970 -
1-2 Vernon St, Derby DE1 1FR Office 3,381 SF 1900 -
Vernon House
Vernon St, Derby DE1 1FR
Office 2,687 SF 1970 -
Betfred
70 Friar Gate, Derby DE1 1FP
Retail 993 SF 1930 -
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  • Listing ID: 32813778

  • Date on Market: 2024-08-15

  • Last Updated:

  • Address: Vernon Street Portfolio, Derby, DBY

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