Terraced house for sale in Matlock DE4, 4 Bedroom

Description
Situated within an established secondary trading position around half a mile from Matlock’s central facilities and conveniently placed for access to and from the County Hall is this substantial stone-built premise which presents a sound letting investment.

The property currently comprises a retail/delicatessen, together with a four bedroom maisonette. The Greedy Pig delicatessen (79 Smedley Street) enjoys a good shop frontage and has successfully traded alongside a handful of other shops and businesses for many years.

At first and second floor level and accessed off Bank Road from the rear of the building, 90 Bank Road provides spacious four bedroom accommodation. The property has been successfully let under a series of short-hold tenancies and again provides sound letting income or perhaps opportunity as a full time residence.

The property is offered with ongoing tenancies, full details of which are available on request.

Accommodation
79 Smedley Street (Greedy Pig)

Full width retail and counter 6.1m x 3.68m
With broad glazed shop frontage
Inner lobby and stairs to basement
Kitchen and prep area 5.1m x 3.65m
Store room and WC

Basement – office and storage.

Ancillary Lower Ground Floor Accommodation
Adjacent to the entrance to 90 Bank Road, and currently occupied by the landlord, is a half glazed porchway which leads into the remaining accommodation, presently used as storage.

90 Bank Road, Matlock

Accessed via the patio garden towards the head of Bank Road, an entrance opens to a hallway at lower ground floor level from where two flights of stairs rise to the accommodation which principally lies at first and second floor level of the building.

First Floor
A central landing has stripped pine panelled doors leading off to …

Sitting Room – (3.63m x 6.25m) spanning the full width of the room, a generous living space and featuring a substantial oak fire surround with marble tiled hearth making an interesting focal point to the room. Two south facing windows allow views beyond the neighbouring roof tops towards Riber Castle, High Tor and Bolehill on the far horizon.

Fitted Kitchen – (3.9m x 3.27m) including a range of modern Shaker style cupboards and marble effect work surfaces with stainless steel sink unit. A single glazed window to the front and halogen down lighting to the corniced ceiling.

Bathroom – (3.2m x 2.26m) extending further into the WC position. There is a white bath with pine tongue and groove panel and electric shower above, pedestal wash hand basin and low flush WC. The room is finished with varnished pine boarding to dado height and has the benefit of a built in linen store which sites the gas fired boiler and hot water cylinder. An obscure glazed window faces the front.

From the hall a second flight of stairs leads to the second floor rooms, the bedrooms having part restricted head height yet all equally well proportioned.

Bedroom 1 – (3.43m x 2.89m) with front aspect Velux roof light.

Bedroom 2 – (3.28m x 3.4m) a similar front aspect roof light.

Cloak Room with low flush WC, vanity wash hand basin, built in shelving and extractor fan and with access to the roof void.

Bedroom 3 – (3.28m x 3.05m) minimum. With deep set dormer window allowing improved views beyond the town towards Matlock’s Derwent Valley landscape taking in Bonsall Moor, Masson Hill, High Tor and Riber.

Bedroom 4 – (3.04m x 2.89m) with similar views through the rear aspect dormer window.

Outside – the entrance to the flat is at lower ground floor level via a shared pathway which leads to a tiered patio garden. Low maintenance and south facing.

Lease Terms & Asking Rent
79 Smedley Street
15 year lease to end April 2019. Rent paid quarterly £1,850 or annually at £7,400.

90 Bank Road
Offered under Assured Shorthold Tenancy, estimated monthly rent £650 pcm (£7,800 pa).

Location
Matlock is a historic spa and county town of Derbyshire, situated on the south eastern edge of the Peak District and within the Derbyshire Dales, which has a parish population of 9,543 (2011 census) and an urban catchment of 30,000.

The town, intersected by the River Derwent, is overlooked by Derbyshire countryside and the famous Riber Castle. The centre contains a broad range of retail outlets serving the resident population and tourist visitors and is subject to ongoing investment, most recently M & S Food Hall. The town also hosts the Derbyshire County Council headquarters.

Located south west of Chesterfield, the town has good road & rail links to the cities of Derby (19 miles), Sheffield (20 miles) and is broadly 30 miles equidistant from Nottingham & Manchester.

Business Rates – 79 Smedley Street
The property has a rateable value of £4,250, effective 1st April 2017.

Council Tax – 90 Bank Road
Band C.

Energy Performance Certificate (EPC)
epc’s can be made available on request.

Asking Price
£225,000

Money Laundering
In accordance with Anti-Money Laundering Regulations, two forms of id and confirmation of the source of funding will be required from the successful purchaser / tenant.

Legal Costs
Each party to bear their own costs.

VAT