Ground Floor Retail Premises To Let Ripley Derbyshire

  • Price: £7,800
Ripley, Derbyshire, England
Seller Ref:ID3010
For Sale

Ground Floor Retail Premises To Let Ripley Derbyshire

Ripley, Derbyshire, England
Seller Ref:ID3010
  • Price: £7,800

Overview

Seller Ref: ID3010

Description

The property comprises a two-storey building providing a retail unit on the ground floor with separately accessed storage to this first floor that is available, subject to separate negotiation.

The ground floor is available for rent for £10,400 per annum, discounted for the first 12 months to £7,800 by way of a new internal lease for a term to be agreed, subject to rent reviews every 3 years.

The area of Ripley is a popular Derbyshire market town situated approximately 12 miles to the North of the City of Derby and 15 miles northwest of Nottingham, at the junction of the A38 and A610 roads. Ripley is a busy town in the Amber Valley Borough of Derbyshire with a population of approximately 21,000 persons.

The property is situated on the busy pedestrianised Oxford Street, which is Ripley’s main shopping area and home to notable occupiers such as Costa Coffee, Specsavers, Boots, Card Factory, Fulton Foods, Greggs, Nationwide Building Society and a variety of local and independent retailers.

Internally, at the ground floor level, the property is of regular configuration and is currently fitted as a former cafe, providing an open plan retail area with a WC and a small storage/wash area situated at the rear of the premises.

It is understood the property falls within Use Class E which is suitable for; Retail Shops, Financial and Professional Services, clinics, Offices, gyms or Cafes/restaurants. Mains electric, water and drainage are connected to the property.

We understand that the property’s commercial element has the following rateable value – Shop and Premises – £4,800.

Viewing is strictly via prior appointment.

Prominent position on Oxford Street in Ripley town centre
Retail Sales area circa 29.7m2
Potential additional storage to first floor level (separate negotiation)
New lease available with discounted rent incentives

Other Terms:
Empty Retail Property To Let rental for the first year discounted to £7,800 then increased to £10,400 exclusive of VAT with rent reviews every 3 years
Is this business relocatable:
No
Is stock included:
NA

Listed By:

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