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Vincent Street, Derby £485,000

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• Freehold Guest House – prime city location

• Well presented & well equipped throughout

• Currently run as council family housing

• Lucrative contract with Local Authority

• Genuine reason for sale

• Sale price includes all fixtures and fittings

• 8 bedrooms – all ensuite

• T/O £100,000, high G/P/ returns

Location

This well presented guest house is ideally located, on the outskirts of the city, just off the main access road, surrounded by businesses, retailers and residential housing.  Just one and half miles to the city centre, there is excellent ‘A’ access to nearby towns, villages and the motorway network.

Business

Chaplin Bond are delighted to be able to offer Derby Guest House for sale, well established by our client 8 years ago and only being sold due to other business commitments.  Currently run as emergency housing for the City Council, the premises offers 8 bedrooms, all ensuite, 3 kitchens, dining room and large secure car park.  The guest house has a lucrative contract with the Local Authority, which has been in place for 6 years and has helped maintain a 90% occupancy.  This would make an ideal investment and lifestyle change opportunity and early viewing is highly recommended.

Property Details

·         Front property porch

·         Additional secure entrance

·         Dining room / storage

·         Main property kitchen

·         Residents kitchen

·         Bedroom 1 –family room 1 double/1single

·         Bedroom 2 – family room 1 double/1 single

·         Bedroom 3 – family room 1 double/1 single

·         All en-suite

·         Three interconnecting rooms

·         Staff toilet

First Floor

·         Residents kitchen

·         Bedroom 4 – single or double – single bed

·         Bedroom 5 – single or double – single bed

·         Bedroom 6 - family room 1 double/1 single

·         Bedroom 7 – family room 1 double/1 single

·         Bedroom 8 – single

·         All en suite

·         Additional private shower room

External

·         Rear yard with large gated car-park – 6/7 vehicles

·         FOC roadside parking


Vincent Street
Derby DE23 8BT
County: Derbyshire
Sale Type: For Sale
Ref #: CB243

Vincent Street
Derby DE23 8BT
County: Derbyshire
Sale Type: For Sale
Ref #: CB243

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Vincent Street
Derby DE23 8BT
County: Derbyshire
Sale Type: For Sale
Ref #: CB243
Name Location Type Distance
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