Investment for sale Ripley DE5 3AG,2005sq ft

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Investment

Investment For Sale Ripley

PROPERTY ID: 124354

PROPERTY TYPE

Investment

STATUS

Available

SIZE

2,005 sq.ft

Key Features

Part let investment producing £25,400 per annum. Estimated Rental Value when fully let of £37,400 per annum.

Two self-contained one bed flats to the first floor let on ASTs.

9 Oxford Street let by way of a 10-year lease with effect from April 2021.

Popular pedestrianised retail street in busy market town.

Opportunity to add value through asset management.

PRICE REDUCTION.

Property Details

The Premises Comprise A Mid-terrace Two-storey Building Of Traditional Masonry Construction Surmounted By A Pitched Tiled Roof To The Front And A Flat Roof To The Rear. On The Ground Floor The Property Provides Two Independent Retail Units As Follows: 7 Oxford Street Consists Of A Rectangular Sales Area With Separate Kitchenette, Store And Disabled Wc Located To The Rear Of The Property. This Property Is Currently Finished To A Shell Specification In Readiness To Receive Any Tenant Fit-out. 9 Oxford Street Is Currently In Occupation And Therefore, Has Been Fully Fitted Out With The Tenant's Branding. This Unit Has Comparable Space Configuration To The Adjacent Unit. To The First Floor And Separately Accessed To The Rear, Are Two One-bed Flats (7a And 9a Oxford Street). Each Flat Is Finished To A Good Modern Standard And Are Of Comparable Configuration Consisting Of A Double Bedroom, Bathroom And Open Plan Kitchen/living Area.

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About the Agent

Salloway Property Consultants Ltd

See Agent's Other Properties

Investment Unit

£360,000 Freehold

7-9 Oxford Street, Ripley, DE5 3AG

Investment - Available
2,005 sq ft
186 sqm

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