Summary - 7C, CROWN SQUARE DE4 3AT
1 bed 1 bath Commercial Property
Substantial two‑storey freehold in prime Matlock location — immediate income, auction sale..
Prime high‑street trading position in Matlock town centre
Large combined footprint: approximately 2,300 sq ft across two floors
Combined current rent £22,250 pa; rises to £24,750 pa in 2030
High initial yield circa 11.4% at the guide price of £195,000
Tenants on internal repairing and insuring leases (tenant repair obligations)
Located in Matlock Bridge conservation area — external works may be restricted
Sold at unconditional auction: 10% deposit and buyer’s fee apply
Local area records higher-than-average crime; check insurance/operational risk
A substantial two‑storey stone commercial freehold in Matlock town centre, offered with immediate income and strong yield potential. The combined 2,300 sq ft across ground and first floor is let to trading occupiers, producing a combined gross rental income of £22,250 per annum (contracted to rise to £24,750 pa in 2030). Tenants are on internal repairing and insuring leases, providing a largely hands‑off income stream for an investor.
The property occupies a prime high‑street position within Matlock’s conservation area, with a traditional Victorian stone façade and modern fit‑outs internally. It is described as well equipped and maintained and benefits from double glazing, mains gas central heating and an EPC rating of C for both units. The current guide price of £195,000 represents a high initial yield (circa 11.4% at guide price).
Material considerations: the sale is by unconditional auction with a 10% deposit and buyer’s fee payable, and contracts are binding on the fall of the hammer. The property sits in a conservation area so external alterations may be restricted; prospective buyers should check planning constraints. The local area records higher crime levels than average, and a small part of the ground floor is sub‑let within the curtilage of 7C — verify tenancy boundaries and lease terms in the legal pack.
This lot suits investors seeking immediate rental income from established trading tenants, or purchasers willing to manage lease events and conservation restrictions for future asset enhancement. All interested parties must review the legal pack and arrange auction registration ahead of the sale date.
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