£150,000 Sold Subject to Contract

King Street, Alfreton, Derbyshire

Key Features

  • 3 Lock up sales shops
  • One bed flat over
  • Income of £22,900 per annum
  • Scope to convert the first floor
  • opposite Tesco super store
  • Excellent position on the A61
INVESTMENT PROPERTY FOR SALE with three lock up sales shops and a one bedroom flat over producing an income of £22,900 per annum. There is a one bedroom flat currently let and there is scope to convert the first floor area to a further one bedroom flat subject to planning. Excellent position opposite the Tesco 24 hour super market on the busy A61.

76 High Street

We have been unable to inspect this unit we understand the unit comprises sales shop with WC and one room to the first floor rooms and is currently let at £6,600 per annum.

78 King Street

Currently let producing £4,500 per annum until 22nd September 2022 and the rent will increase to £5,000 per annum.

Retail area (3.33m x 2.48m)

Stripped part glazed entrance door, double glazed display window and laminate flooring.

Kitchen/Stockroom (3.33m x 2.48m)

Single drainer sink unit, laminate flooring and door to the rear.

78a King Street

A one bedroomed flat with rear access producing an income of £400.00 per calender month.

Kitchen (3.61m x 2.23m)

Containing a range of wall and base units, single drainer stainless steel sink unit, UPVc part glazed door and UPVc double glazed window and stairs rise to the first floor.

Lounge (4.74m x 3.32m)

UPVc double glazed window and double panelled radiator.

Rear Bedroom 1 (3.62m x 2.24m)

Two UPVc double glazed windows and double panelled radiator.

Bathroom (3.36m x 1.89m)

Containing a suite of panelled bath with shower attachments to mixer tap, UPVc double glazed window and cupboard houses the wall mounted gas combination boiler.


Containing a low flush WC.

80 King Street

Currently let producing an income of £7,000 per annum. Please note there is a first floor unconverted area which would lend to a one bedroom flat which may produce additional income if so required.

Sales Area (9.04m x 3.99m)

Display window, glazed door to the side, laminate flooring and electric panel heater.

Kitchen & Stock Room (4.25m x 2.12m)

Rear Hallway

Provides a small stock area and access to the toilet.


Containing a low flush WC, wash hand basin.


By appointment through Richard Savidge on 01773 831111 pressing option 2 for commercial. Please note the properties are all let and viewing will have to be by agreement with the tenant by serving reasonable notice in line with the tenants lease.


The post code for the satellite navigation user is DE55 7DD.

Offer Procedure

Before contacting a Building Society, Bank or Solicitor you should make your offer to our office and speak to a member of staff dealing with the sale as any delay may result in the sale being agreed to another purchaser incurring unnecessary costs.
Under the Estate Agency Act 1991 you will be required to provide us financial information in order to verify your position before we can finally recommend your offer to the vendor. We will also require proof of identification in order to adhere to Money Laundering Regulations.


Whilst we endeavour to make our letting 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 the office. SERVICES: The Agents have not tested any apparatus, equipment, fittings or services and so cannot verify they are in working order. The buyer is advised to obtain verification. MEASUREMENTS: Please note all the measurement details are approximate and should not be relied upon as exact.

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