Derby Road, Stapleford

Situated in a prime position on Stapleford High Street, this substantial mixed-use property offers an excellent opportunity for investors, developers or business owners looking for a commercial premises with spacious residential accommodation above and significant scope to add value.

The ground floor is currently arranged as a well-presented catering/retail unit and is presently occupied by a tenant, with the option for the tenant to remain in situ, making this an attractive prospect for those looking for an investment with income potential from day one. The shop front provides good visibility from the high street, with a bright customer-facing area, seating space, display counters and a service counter. The commercial accommodation is in good overall condition and is supported by two practical catering kitchen/preparation areas to the rear, fitted with stainless steel work surfaces, sink facilities, shelving, space for appliances and external access. There is also a ground floor WC, making the space well suited for continued catering use or a range of alternative commercial purposes, subject to any necessary permissions.

Above the commercial unit is a spacious two-storey flat offering a generous amount of accommodation and excellent potential for refurbishment, reconfiguration and improvement. The residential accommodation is currently in need of modernisation throughout, providing a clear opportunity for a buyer to significantly enhance the property and potentially increase both its rental yield and capital value once works are completed.

The first floor comprises two well-proportioned reception rooms, a kitchen and bathroom. The front reception room is particularly spacious, with large windows and a feature fireplace, while the second reception room provides further flexible living space which could be used as a dining room, sitting room, home office or potentially reconfigured depending on requirements. The kitchen and bathroom would benefit from refurbishment, but both offer a practical footprint and good potential for modernisation.

To the second floor, there are two bedrooms, both of which require refurbishment but provide excellent scope to create comfortable residential accommodation. The upper floor includes sloped ceilings and characterful proportions, offering further potential for buyers to redesign and improve the space to suit their requirements.

Outside, the property benefits from a paved courtyard area, providing useful external space to the rear of the building. There is also an off-road parking space, additional storage space and gated access leading to the residential accommodation above

This property offers a rare combination of a tenanted commercial unit with spacious residential accommodation above. The ground floor provides immediate income potential, while the flat above presents a substantial value-add opportunity through refurbishment. With its prominent high street location, flexible mixed-use layout and clear scope to improve significantly, this is a fantastic prospect for investors seeking a property with both short-term income and long-term growth potential.