Property photos
Freehold
Offers in region of
£430,000
(£107.50/sq. ft)
Office for sale
Bondgate, Castle Donington, Derbyshire DE748 baths
4,000 sq. ft
Local area information
Property location
Nearby amenities
- Orchard Community Primary School 0.2 miles
- St Edwards Church of England Primary School 0.2 miles
- East Midlands Parkway 3.4 miles
- Long Eaton 3.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
Property Ref: 12677
For sale is a freehold commercial property that consists of 2 large buildings located in Castle Donnington Derby
1)White building is steel structure with wooden cladding (fully renovated)
2)Brick building (Derelict)
Currently in white building 4 offices are rented out at £550 per month bringing in £2200 per month,
So total rent for white building £2200 per month.
White building has just been renovated top to bottom, new roof new windows and doors, new floors and walls, new cladding. Everything renovated top to bottom
Each office is self contained with own kitchenette and own toilet. (So easy to rent out)
Car park fully tarmacked recently
The 4000 square foot size is the size of all floors of both buildings. The car park size is on top of this.
Orange brick building derelict and needs full renovation. Has planning for 4 more offices (see attached photos for drawings and full granted planning permission) that will bring in another £2200 per month rent
Planning reference 21/00939/ful North West Leicestershire District council
Any builders buying this property approx cost for orange brick building will be £50,000 to repair, i.e renovate into four offices to bring in £2200
Any non builder buying this property approx cost for orange brick building will be £100,000 to repair and renovate into four offices to bring in £2200..
So when both buildings are let out this property will bring about 9 to 10 % return on investment which is normally the highest rate in rental income….....
For viewing arrangement, please get in touch with 99home.
If calling, please quote reference: 12677
gdpr Applying for the above property means you are giving us permission to pass your details to the vendor or landlord for further communication related to viewing arrangement or more property-related information.
*Virtual viewings: Some or all information pertaining to this property may have been provided solely by the vendor/landlord, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you choose to make an offer based solely on a virtual viewing, then 99Home Ltd does not accept any liability for errors in the information provided, including but not limited to, measurements, photography and video content.
Aml: To comply with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, , who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £20 per buyer, payable direct to AMLTeam . Please note, we are unable to issue a memorandum of sale until the checks are complete.
Referral fees We may suggest reputable providers of supplementary services, such as Conveyancing, Financial Services, Insurance, and Surveying. If you choose to utilize their services based on our recommendation, we may receive a commission payment or another form of benefit, referred to as a referral fee. It's important to note that you are not obligated to engage with the services of the recommended provider.
*Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering any household goods, carpets or any built-in furniture.
*General: While we endeavor to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact 99home and we will be pleased to check the detailing for you, especially if you are contemplating traveling some distance to view the property.
*99home is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
For sale is a freehold commercial property that consists of 2 large buildings located in Castle Donnington Derby
1)White building is steel structure with wooden cladding (fully renovated)
2)Brick building (Derelict)
Currently in white building 4 offices are rented out at £550 per month bringing in £2200 per month,
So total rent for white building £2200 per month.
White building has just been renovated top to bottom, new roof new windows and doors, new floors and walls, new cladding. Everything renovated top to bottom
Each office is self contained with own kitchenette and own toilet. (So easy to rent out)
Car park fully tarmacked recently
The 4000 square foot size is the size of all floors of both buildings. The car park size is on top of this.
Orange brick building derelict and needs full renovation. Has planning for 4 more offices (see attached photos for drawings and full granted planning permission) that will bring in another £2200 per month rent
Planning reference 21/00939/ful North West Leicestershire District council
Any builders buying this property approx cost for orange brick building will be £50,000 to repair, i.e renovate into four offices to bring in £2200
Any non builder buying this property approx cost for orange brick building will be £100,000 to repair and renovate into four offices to bring in £2200..
So when both buildings are let out this property will bring about 9 to 10 % return on investment which is normally the highest rate in rental income….....
For viewing arrangement, please get in touch with 99home.
If calling, please quote reference: 12677
gdpr Applying for the above property means you are giving us permission to pass your details to the vendor or landlord for further communication related to viewing arrangement or more property-related information.
*Virtual viewings: Some or all information pertaining to this property may have been provided solely by the vendor/landlord, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you choose to make an offer based solely on a virtual viewing, then 99Home Ltd does not accept any liability for errors in the information provided, including but not limited to, measurements, photography and video content.
Aml: To comply with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, , who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £20 per buyer, payable direct to AMLTeam . Please note, we are unable to issue a memorandum of sale until the checks are complete.
Referral fees We may suggest reputable providers of supplementary services, such as Conveyancing, Financial Services, Insurance, and Surveying. If you choose to utilize their services based on our recommendation, we may receive a commission payment or another form of benefit, referred to as a referral fee. It's important to note that you are not obligated to engage with the services of the recommended provider.
*Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering any household goods, carpets or any built-in furniture.
*General: While we endeavor to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact 99home and we will be pleased to check the detailing for you, especially if you are contemplating traveling some distance to view the property.
*99home is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Floor plans and tours
Floor plans (1)
More information
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Property descriptions and related information displayed on this page are marketing materials provided by - 99Home Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact 99Home Ltd for full details and further information.