31 and 35 East Street

Location

31 and 35 East Street
Derby
Derbyshire
DE1 2AL

Size

8995 sq ft (835.66 sq m)

Price

Purchase price £1,990,000. This reflects a net initial yield of 8.39% based on the current income of £177,500 per annum.

The investment comprises two retail units let to Co-op Bank PLC and Sportswift t/a Card Factory. The Co-op Bank is the only representation the bank has in the immediate area, the closest branches being in Nottingham, Leicester and Chesterfield respectively. The Co-op Bank have been in occupation since 2001 and Card Factory 2008.

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