About

The property comprises a mixed-use investment building of traditional masonry construction with pitched tiled roofs. It includes rear storage areas, a secure yard, and off-road parking.

The ground floor consists of three interconnecting retail units with glazed frontages, roller shutter entrances, and well-presented interiors featuring LED lighting, gas-fired heating, and modern WC and kitchen facilities.

To the rear, a single-storey outbuilding offers warehouse/storage space, accessed via roller shutter door and benefitting from the secure yard.
Residential flats above 303 and 305 are accessed from the rear via Osmaston Road and include two two-bedroom flats, one one-bedroom flat, and two second-floor bedsits.

Flats above 299 and 301 are accessed via a front pedestrian entrance and comprise four two-bedroom flats. All residential units are let on assured shorthold tenancies, generating a combined annual rental income of £71,940.

The flats above 299 Northfield Road are held on long leasehold expiring on 25 December 2102 at a peppercorn ground rent .Nos. 301, 303, and 305 Northfield Road are offered freehold, subject to existing tenancies.

The ground floor retail and warehouse space is expected to be sold with vacant possession, presenting an asset management opportunity to subdivide it into three smaller retail units and a separate storage unit, creating four distinct lettable elements.