3 bed light industrial for sale

Smedley Street East, Matlock DE4

Ideal mixed use investment opportunity. A substantial late Victorian property, standing at the corner of Smedley Street East & Bank Road currently with 3 well appointed flats and large lock up sales shop (with a long term tenant). In a popular area of the town close to amenities, bars and cafes. Off road parking on site.

Smedley Street, Matlock DE4 3FQ

A substantial late Victorian property, standing at the corner of Smedley Street East and Bank Road, offering an ideal investment opportunity. Set over four floors with three well-appointed one bedroom flats, and large lock up sales shop (currently with a long-term tenant) providing an ideal investment opportunity, producing a total rental income of £30,600 per annum, with scope to increase. There is on-site parking accessed from Bank Road.

Matlock is a picturesque spa town in the heart of Derbyshire close to the Peak District National Park, surrounded by beautiful open countryside. The town has a wealth of historic buildings as well as excellent local amenities and good primary and secondary schools. At the centre of the town is Hall Leys Park with sports facilities, children’s play area, formal gardens and a riverside walk. Situated on the A6 trunk road, there is easy access to Manchester, Derby and Nottingham and the nearby towns of Chesterfield, Wirksworth and Bakewell. The property is located on Matlock Bank where there are a range of shops, bars and cafes as well as County Offices (a major employer in the town).

Shop

Currently let to Blueberry Food Company who have occupied the premises since 2012 with a lease until 2029 at an annual rent of £8,400

sales area

A good size sales area having a broad, glazed entrance door onto the corner of Smedley Street East and Bank Road. There are display windows to both Smedley Street East and Bank Road and a further rear aspect window looking down Bank Road towards the town and open countryside beyond. From the sales area a door opens to a lobby where a further door leads to a:

Lavatory

Having a suite with close coupled W.C. And wall hung wash hand basin. There is a central heating radiator.

From the sales area a door opening leads to:

Preparation area/storeroom

Having a servery hatch to the shop, central heating radiator and a partial height divide screening large former display windows with obscured glass to Smedley Street. A door opening leads to a lobby where a further door opening leads to:

Kitchen

With rear aspect sliding sash windows, wash hand basin and stainless sink. There are commercial work surfaces and a commercial extractor canopy.

From the preparation area a staircase rises to:

Office space

Having a front aspect original sliding sash window and housing the gas fired combination boiler which provides hot water and central heating to the sales area.

Lower ground floor flat

Let on an AST from September 2022 at £550 pcm.

Entering the flat via a half-glazed entrance door from the car park, which opens to:

Entrance lobby

Having a glazed door with side light panels opening to:

Living dining kitchen

A spacious open plan living dining kitchen with a side aspect window, central heating radiators, down light spotlights and fibre internet point. The kitchen is fitted with a range of shaker style units with cupboards and drawers beneath a worksurface which returns to form a peninsular room divide. Set within the worksurface is a stainless sink and a four-ring hob over which is a cooker hood. Beneath the hob is a fan assisted electric oven. A four-panel pine door opens to:

Inner hall

With space and connection for a washing machine, a door opening to a deep storage cupboard and a further door leading to:

Bedroom

A spacious room with front aspect double glazed window, central heating radiator and down lights. Concealed within a cupboard is the recently fitted gas fired boiler which provides hot water and central heating to the flat. A door opens to:

Shower room

Having tiled shower cubicle with mixer shower; pedestal wash hand basin with tile splash back; close coupled WC. There is a chrome finished ladder style towel radiator and an extractor fan.

Upper floor flats

A half glazed communal entrance door, with decorative leaded panels, opens from the car park to a staircase which rises via half landings to:

First floor flat

Let on an AST from April 2025 at £650 pcm

reception hallway

Having a central heating radiator with thermostatic valve, intercom link to the entrance door and panelled doors opening to:

Living dining kitchen

A spacious open plan living dining kitchen having sliding sash windows overlooking Smedley Street and the junction with Bank Road. The room has a feature fireplace with a timber surround and cast-iron insert creating a decorative feature. There is a central heating radiator with thermostatic valve, television aerial point and telephone point. The kitchen area of the room has light wood effect laminate flooring and a good range of units in a shaker style light wood effect finish with cupboards and drawers beneath a work surface with a tiled splashback, wall mounted storage cupboards and open display shelves. Set within the work surface is a stainless sink with mixer tap and a 4-burner gas hob over which is an extractor hood. Beneath the hob is a fan assisted electric oven. There is an integral automatic washer dryer and space for a dining table. The kitchen area of the room is illuminated by halogen down light spotlights and there are two centre light points.

Bedroom

With a side aspect sliding sash window having views over the surrounding properties to the open countryside beyond. The room has polished exposed pine floorboards, central heating radiator with thermostatic valve and a fibre internet access point.

Bathroom

Having a rear aspect sliding sash window with obscured glass. Painted exposed floorboards and a suite with stand-alone roll top bath set upon ball and claw feet with a side fill mixer tap. There is a pedestal wash hand basin with a tiled splashback having a shaver light over, close coupled W.C. And tiled shower cubicle with mixer shower. The room is illuminated by halogen spotlights and there is an extractor fan and chrome finished ladder style radiator. Sited within the room is an airing cupboard with slatted linen shelving, housing the recently fitted gas fired combination boiler which provides hot water and central heating to the apartment.

Second floor flat

Let on an AST from May 2025 at £650 pcm

entrance hallway

Having an intercom link to the entrance door, a loft access hatch and panelled doors opening to:

Spacious living room

Built into the shape of the roof with exposed roof purlins and hip rafters. The room has a pair of Velux roof lights flooding the room with natural light, two central heating radiators with thermostatic valves and a television aerial point.

Dining kitchen

Again built into the shape of the roof with a rear aspect sliding sash window enjoying superb far reaching views over the town to the open countryside that surrounds the area taking in Riber Castle, High Tor, The Heights of Abraham and Masson with Black Rocks in the distance. The view stretches to Stanton Moor in the West. The kitchen is fitted with a good range of units in a light wood effect finish with cupboards and drawers beneath a work surface with a tiled splashback and wall mounted storage cupboards. Set within the work surface is a stainless sink with mixer tap and a 4-burner gas hob over which is an extractor canopy. Beneath the hob is a fan assisted electric oven. Integral appliances include fridge, freezer and washer dryer. The room is illuminated by halogen spotlights and there is a central heating radiator with thermostatic valve.

Bedroom

A light and spacious room with a front aspect Velux roof light window enjoying views over the rooftops. A pair of doors open to a useful storage space within the eaves of the roof. The room has a central heating radiator with thermostatic valve and a panelled door opens to:

Bathroom

Having a rear aspect sliding sash window with obscured glass. Suite with panelled bath, pedestal wash hand basin with tiled splashback having a shaver light over and fitted glass shelving, dual flush close coupled W.C. And tiled shower cubicle with mixer shower. The room is illuminated by halogen down light spotlights and there is an extractor fan. Sited within a cupboard is the gas fired combination boiler which provides hot water and central heating to the apartment. The room has a central heating radiator with thermostatic valve.

Outside

To the rear of the property is a hard standing car parking space.

Services and general information

All mains services are connected to the properties.

For Broadband speed, please go to

For Mobile Phone coverage, please go to

directions

Leaving Matlock Crown Square via Bank Road, follow the road up the hill to the junction with Smedley Street, where the property can be found on the right hand side.

Anti-money laundering

We are required by law to conduct anti-money laundering checks on all those selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy. The cost of these checks is £45 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.

Disclaimer

All measurements in these details are approximate. None of the fixed appliances or services have been tested and no warranty can be given to their condition. The deeds have not been inspected by the writers of these details. These particulars are produced in good faith with the approval of the vendor but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer or contract.