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Studio, in Derby DE1, £975,000
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0 bed property

Derby DE1
£975,000
Freehold

The property is a mixed-use investment consisting of a popular Irish pub, O'Dwyers Venue, with a 20-year tenancy agreement through 2038, and 7 fully refurbished residential lets. The pub is a live music and sports bar with a strong following, offering tenancy income of £55,000 p.a. as of 2029, with a further increase in 2034. The residential accommodation consists of 2 apartments and 5 studio flats plus a 4-bedroom HMO, accessed through two separate entrances off Ford Street and Friar Gate, reducing shared areas and maintenance costs. The residential component is zoned for student accommodation, with nearby Derby University and a potential opportunity for short-term lettings, such as Airbnb, to increase yield.