Summary - Rink House and the Rink Centre, Rink Drive, Swadlincote, Derbyshire, DE11 8JL DE11 8JL
1 bed 1 bath Office
**Standout Features:**
- **Two Detached Buildings:** Rink House (3,740 sq. ft) and The Rink Centre (9,458 sq. ft)
- **Secured Tenants:** Let to Derbyshire County Council with a combined annual rent of £111,000
- **Prime Investment Opportunity:** 8.70% Gross Initial Yield
- **Total Area:** Approximately 13,198 sq. ft
- **Parking:** Off-street parking for approximately 23 vehicles
- **Freehold Tenure:** Available for purchase with flexibility to split titles
- **EPC Ratings:** B for The Rink Centre, D for Rink House
**Concerns:**
- **Mortgage Limitations:** 10 years remaining on the lease may impact financing options
- **High Local Crime Rate:** Safety concerns in the surrounding area
- **Slow Broadband Speeds:** Potential impact on business operations
- **Deprivation Index:** Local area classified as very deprived
**Summary:**
Unlock a remarkable commercial investment in the bustling heart of Swadlincote, Derbyshire. Comprising two modern detached office buildings, this expansive property is fully let to the Derbyshire County Council, ensuring a steady income of £111,000 per annum. The buildings—Rink House, serving as a Youth Information Centre, and The Rink Centre, functioning as an Adult Education Centre—offer fantastic flexibility with the opportunity to split titles for future development. With attractive rental yields of 8.70% and a generous parking facility to accommodate approximately 23 vehicles, this is a unique opportunity for investors.
While the property boasts a prime location between the High Street and local leisure amenities, prospective buyers should note the proximity to elevated crime rates and potential difficulties with mortgage financing due to the lease length. Nonetheless, with the ability for strategic expansion and growth within a transformative local economy, this property is a must-see for astute investors looking for value and opportunity in a prominent area. Don't miss out—properties like this don't stay on the market long!
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