.png)
Unit 3 - 2 South Street, Ilkeston, Derbyshire, DE7 5QE
Marketed by:
Auction Estates Limited
Cavendish Rd, Carlton, Nottingham NG4 3DZ, UK
01157 844 600
Commercial Investment – Derbyshire
Unit 3 - 2 South Street, Ilkeston, Derbyshire, DE7 5QE
Sold
£150,000
Key Features
- An opportunity to acquire a commercial investment property comprising two ground floor retail units let to Trent Barton located in the heart of Ilkeston town centre. Total Current Rents Reserved of £15,000 pa A commercial investment property comprising two ground floor retail units let to Trent Barton located in the heart of Ilkeston town centre.
- Occupying a prominent position in the retail centre of Ilkeston
- Total Current Rents Reserved of £15,000 pa An opportunity to acquire a commercial investment property comprising two ground floor retail units let to Trent Barton located in the heart of Ilkeston town centre. Total Current Rents Reserved of £15,000 pa
- Situated within an established retail parade
- Located opposite Ilkeston Market Place
- Nearby occupiers: Snap Fitness, Lloyds & Hogarths
Description
An opportunity to acquire a commercial investment property comprising two ground floor retail units let to Trent Barton located in the heart of Ilkeston town centre. Total Current Rents Reserved of £15,000 pa A commercial investment property comprising two ground floor retail units let to Trent Barton located in the heart of Ilkeston town centre.
Accommodation / Key Property Details
- Occupying a prominent position in the retail centre of Ilkeston
- Total Current Rents Reserved of £15,000 pa An opportunity to acquire a commercial investment property comprising two ground floor retail units let to Trent Barton located in the heart of Ilkeston town centre. Total Current Rents Reserved of £15,000 pa
- Situated within an established retail parade
- Located opposite Ilkeston Market Place
- Nearby occupiers: Snap Fitness, Lloyds & Hogarths
- Close to multiple town centre pay-and-display car parks
- Adjacent to bus stop going to surrounding areas
- 2 x Self contained ground floor retail units
- Comprising Trent Barton Staff facilities & Retail Shop
Location
Unit 3 - 2 South Street, Ilkeston, Derbyshire, DE7 5QE
Tenure
Mixed/complex tenure – see legal pack; verify title, lease terms, rights, covenants, easements and special conditions in the legal pack.
Auction Information
| Auctioneer | Auction Estates |
| Auction Date | Thursday 8 October 2026 at 2:30pm |
| Venue | Nottingham Racecourse, Colwick Park, Nottingham, NG2 4BE |
| Lot Number | 025 |
| Status | For Sale |
| Guide Price | £150,000 |
| Buyer’s Premium | £1,800 inc VAT at the guide-price band |
| Additional Fees | Seller may charge additional completion fees; check Special Conditions in legal pack |
Investment Analysis
Investment Snapshot
| Guide Price | £150,000 |
| Asset Type | Commercial / Investment |
| Tenure | Mixed/complex tenure – see legal pack |
| HB Desktop Works Allowance | £18,000 |
| Buyer’s Premium | £1,800 inc VAT |
| Guide + Works + Buyer Premium | £169,800 |
| Passing Rent / ERV | £15,000 pa (source particulars) |
| Gross Yield on Guide | 10.0% |
| HB Base Value / GDV Screen | £175,000 |
| 75% Refinance Screen | £131,250 |
Market Comparables
The auction particulars are the primary factual source for this sheet. HB value screens are desktop estimates only. Before bidding, verify recent Land Registry sales or specialist commercial/land transactions matching the same micro-location, tenure, size, condition and use.
Proposed Works
HB desktop allowance: £18,000. Confirm scope through inspection, survey and contractor/QS pricing.
Rental Value
£15,000 pa (source particulars), equivalent to a 10.0% gross yield on the guide price.
Low / Base / High Investment Scenario
| Low | £160,000 |
| Base | £175,000 |
| High | £195,000 |
Specialist Commercial Analysis
Verify occupational leases/licences, rent collection, repairing obligations, VAT/business rates, service costs, covenant strength, access and title. ERV is not the same as achieved rent.
Maximum Bid Indicator
Capitalise verified sustainable income at an appropriate yield and deduct buyer premium, works, legal/professional, finance, holding, contingency and required return. SDLT/tax treatment is buyer-specific.
Strategy Recommendation
Income hold/value-add where passing rent and covenant support it; redevelopment only where planning/title evidence supports the alternative use.
Strategy Rating
Income Hold: ★★★★☆ | Value-Add: ★★★☆☆ | Development: ★★☆☆☆
Key Risks
Legal-pack special conditions and seller fees; Physical condition and valuation/finance risk.
Analysis Confidence
High for facts directly reproduced from the Auction Estates particulars; medium/low for HB desktop works/value assumptions until direct comparable research, inspection, survey, legal-pack review and contractor/QS pricing are completed.
Auction Details :
Auction Estates Limited
Auction Date :
08/10/26
Lot Number :
025
Property Location:
Unit 3 - 2 South Street, Ilkeston, Derbyshire, DE7 5QE
View our Property Calculators:
-
BRRR Calculator - Estimate your potential returns after refurbishment and refinancing.
-
Buy to Let Calculator - Calculate rental yield, cash flow and potential return.
-
Property Development Calculator - Assess development costs, GDV and potential profit.
-
Build Cost Calculator - Estimate refurbishment, extension and construction costs.
-
Bridging Finance Calculator - Estimate borrowing costs and potential finance requirements.
Building Suppliers in your area
Tradespersons in your area
Professionals in your area
CEF Ilkeston
Electrical Suppliers
Tel:
01159300425
More Auction Properties from:
Auction Estates Limited
Image | Property Title | Price | Postcode | Location | Auction Date | Status |
|---|---|---|---|---|---|---|
Freehold two bedroom mid-terraced house Let £5,400 pa | £86,000 | NG2 | Nottingham | 20/02/2025 | Sold | |
24.82 acres of Woodland and decoy Pond | £140,000 | DN22 | Nottinghamshire | 20/02/2025 | Sold | |
A former Bingo Hall with a large car park | £210,000 | DE7 | Derbyshire | 20/02/2025 | Sold | |
Fully let investment of 6 student studios and office £65,115 per annum | £535,000 | DE1 | Derby | 20/02/2025 | Sold | |
7.33 acres of woodland to the south of Norwell | £37,000 | NG23 | Nottinghamshire | 20/02/2025 | Sold | |
Substantial freehold former 12 bedroom care facility circa 0.45 acres | £655,000 | NG5 | Nottingham | 20/02/2025 | Sold | |
Prime corner frontage retail/leisure unit ERV £28,000 pax | £150,000 | S40 | Derbyshire | 20/02/2025 | Sold | |
Freehold 3 bedroom mid-terrace residential HMO | £177,000 | NG7 | Nottingham | 20/02/2025 | Sold | |
Freehold land within an established residential suburb of Corby | £150,000 | NN18 | Northamptonshire | 20/02/2025 | Sold | |
An opportunity to acquire a Freehold two bedroom end terraced | £85,000 | NG2 | Nottingham | 20/02/2025 | Sold | |
Freehold Industrial Estate investment £82,000 pax | £1,750,000 | NG3 | Nottingham | 20/02/2025 | Sold | |
A freehold three bedroom semi-detached house | £180,000 | NG5 | Nottingham | 20/02/2025 | Sold |