0 Bedrooms Parking/garage for sale in Holt Drive, Matlock DE4 | £ 40,000

Overview

Price: £ 40,000
Contract type: For Sale
Type: Parking/garage
County: Derbyshire
Town: Matlock
Postcode: DE4
Address: Holt Drive, Matlock DE4
Bathrooms: 0
Bedrooms: 0

Property Description

Location
Matlock is a historic spa and county town of Derbyshire, situated on the south eastern edge of the Peak District and within the Derbyshire Dales, which has a parish population of 9,543 (2011 census) and an urban catchment of 30,000.

The town, intersected by the River Derwent, is overlooked by Derbyshire countryside and the famous Riber Castle. The centre contains a broad range of retail outlets serving the resident population and tourist visitors and is subject to ongoing investment, most recently M & S Food Hall. The town also hosts the Derbyshire County Council headquarters.

Located south west of Chesterfield, the town has good road & rail links to the cities of Derby (19 miles), Sheffield (20 miles) and is broadly 30 miles equidistant from Nottingham & Manchester.

Description
Four lock up garages standing within a courtyard of similar garages situated off Holt Drive, Hooleys Estate, on the outskirts of Matlock. The garages offer an investment opportunity yielding a good rate of return against capital. Each garage has been yielding £45 per calendar month, making a potential total gross return under full occupancy of £2,160. This provides a healthy 5.4% return for an investment at the asking price.

Business Rates
Not applicable.

Energy Performance Certificate (EPC)
An EPC is not required.

Tenure & Asking Price
Freehold, subject to the existing tenancies.
Price: £40,000

Money Laundering
In accordance with Anti-Money Laundering Regulations, two forms of id and confirmation of the source of funding will be required from the successful purchaser / tenant.

Legal Costs
Each party to bear their own costs.


VAT


No VAT chargeable.

Viewing and Further Information
All enquiries to:

Fidler taylor


Property Location

Property Marketed by Fidler Taylor



Phone:
Address: Archway Estate Office, 16 Crown Square, Matlock

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