PROPERTY SUMMARY A rare opportunity to acquire a substantial mixed-use investment property comprising a well-established commercial premises to the ground floor together with spacious self-contained residential accommodation arranged over the first and second floors. Offered fully occupied with both elements producing an immediate income, the property presents an attractive proposition for investors seeking a ready-made asset with strong long-term investment potential.
Occupying a prominent position with excellent street frontage, the ground floor is currently occupied by a successful convenience store, let on a five-year commercial lease running until September 2027. The retail premises offers an impressive open-plan sales area extending over 350 sq. ft., providing excellent display space and customer circulation. To the rear, the commercial unit benefits from a generous kitchen and staff area, useful storage room and separate WC, creating a practical and functional layout for everyday business operations.
The residential accommodation enjoys its own completely independent access via an external staircase, ensuring complete separation between the commercial and residential elements. Arranged over two floors, the accommodation offers surprisingly generous living space extending to approximately 692 sq. ft., making it ideal for family occupation.
The first floor is centred around a welcoming entrance hall providing access to the principal accommodation. To the front sits an impressive principal bedroom featuring a large bay window and generous proportions, while two further well-sized bedrooms offer flexible accommodation for families or sharers. The family bathroom is conveniently positioned to serve this floor and is fitted with a three-piece suite.
Occupying the second floor, the converted loft creates an additional double bedroom with rooflight, providing a versatile fourth bedroom, guest suite or private principal room while significantly increasing the overall accommodation.
The living accommodation further benefits from a spacious living room, creating a comfortable reception area for everyday relaxation, while the generous kitchen and dining room provides ample space for cooking, dining and entertaining. Fitted with a range of units and offering excellent proportions, it forms the social heart of the home and enjoys direct access to the rear.
Externally, the property benefits from an enclosed rear courtyard providing valuable outside space together with access to the independent residential entrance, creating a practical and low-maintenance environment for the occupiers.
Combining an established commercial investment with substantial four-bedroom residential accommodation above, both independently occupied and income producing, this represents a genuinely rare opportunity to acquire a freehold mixed-use property offering immediate rental income, strong flexibility and excellent long-term investment appeal.
LOCATION SUMMARY Situated on the well-established St. Thomas Road, this property occupies a prominent position within one of Derby's busy mixed commercial and residential districts, benefiting from consistent pedestrian activity and excellent visibility. The surrounding area is home to a wide range of independent retailers, convenience stores, takeaways, cafés and local businesses, helping to generate regular footfall and supporting the continued demand for commercial premises.
The property enjoys excellent connectivity, with Derby city centre located approximately one mile away, providing access to an extensive range of shopping, leisure and employment opportunities. Derby Railway Station is also within easy reach, offering direct services to Birmingham, Nottingham, Sheffield, London St Pancras and other major regional centres, making the location attractive to both commercial tenants and residential occupiers.
Road links are another key advantage, with convenient access to the A52, A38 and A6, providing straightforward connections across Derbyshire and the wider East Midlands. The property's location also benefits from regular public transport services operating along St. Thomas Road and neighbouring routes, ensuring convenient access throughout the city.
The surrounding area is characterised by a strong blend of residential housing and established commercial uses, creating a sustainable environment for local businesses while maintaining consistent demand for rental accommodation. Nearby schools, healthcare facilities, supermarkets and everyday amenities further enhance the area's appeal to long-term residential tenants.
For investors, the combination of an established commercial parade, strong transport links, proximity to Derby city centre and separate residential accommodation provides an attractive investment proposition within a mature and well-connected location, benefiting from diverse occupier demand across both the commercial and residential sectors.
SHOP FRONT A substantial open-plan retail space occupying a prominent position to the front of the property. Benefiting from excellent frontage, generous display areas and an efficient layout, the premises provides ample space for shelving, customer circulation and a service counter, making it well suited to continued retail use.
KITCHEN/DINING ROOM Positioned to the rear of the property, this spacious kitchen and dining room serves as the heart of the residential accommodation. Offering ample worktop space, fitted units and plenty of room for a family dining table, the room provides an ideal setting for both everyday living and entertaining, with access through to the rear entrance.
STORE A practical storage room situated adjacent to the commercial premises, providing valuable additional space for stock, equipment or general storage, enhancing the day-to-day functionality of the retail unit.
GROUND FLOOR WC Conveniently positioned to serve the commercial premises, the ground floor WC offers practical facilities for staff and everyday use.
ENTRANCE HALL Accessed via its own independent external staircase, the welcoming entrance hall creates complete separation from the commercial premises while providing access to the principal residential accommodation.
LIVING ROOM A comfortable and well-proportioned reception room offering an excellent space for relaxation and everyday living. The room enjoys good natural light and provides ample space for a variety of lounge furniture.
BEDROOM ONE A generous principal bedroom positioned to the front of the property, featuring a large bay window that floods the room with natural light while creating an attractive focal point. The spacious proportions comfortably accommodate a double bed alongside a range of bedroom furniture.
BEDROOM TWO A well-sized double bedroom overlooking the rear of the property, offering versatile accommodation ideal as a guest room, children's bedroom or additional principal bedroom.
BEDROOM THREE A comfortable bedroom providing flexible accommodation suitable as a further double bedroom, nursery or home office depending on individual requirements.
BATHROOM Fitted with a three-piece suite comprising a bath with shower over, wash hand basin and WC. The bathroom is conveniently positioned to serve the first-floor accommodation.
BEDROOM FOUR Occupying the converted second floor, this impressive loft bedroom provides generous additional accommodation with a rooflight allowing excellent natural light. The versatile space lends itself perfectly as a principal bedroom, guest suite or private retreat.
REAR COURTYARD An enclosed rear courtyard providing valuable outdoor space for the residential accommodation, together with access to the independent entrance and practical external storage areas.
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DISCLAIMER Money Laundering Regulations: Tristram's ask intending purchasers to produce identification documentation. Any delay in receiving this information may cause a delay in agreeing a sale.
Measurements: The room sizes are approximate and are only intended as a guide to the size of the property. We would advise you to verify any measurements that you may require.
Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
These particulars are issued in good faith as a guide to prospective purchasers, they do not constitute representations of fact or form part of any offer or contract. The particulars of any property we market should be independently verified by prospective buyers. Neither Tristram's Property Services Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property. Tristram's has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
While we endeavour to make our sales particulars as fair, accurate and reliable as possible, they are only a general guide for prospective purchasers, therefore if there is any point which is of a particular importance to you, please contact the office and we will be pleased to look into this for you.
