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Retail/Shop

Retail/Shop For Sale Retford

PROPERTY ID: 147863

PROPERTY TYPE

Retail/Shop

STATUS

Available

SIZE

1,787 sq.ft

Key Features

Fully income producing investment
Total income £20,700 pa
Grade II listed building
EPCs available on request

Property Details

Fully Income Producing Investment<br>
<br>
Total Income £20,700 Pa<br>
<br>
Grade Ii Listed Building<br>
<br>
Epcs Available On Request<br>
<br>
Fully Income Producing Investment Comprising Of A Ground Floor Shop, First Floor Treatments Salon And Second Floor Flat.<br>
<br>
£20,700 Pa Total Income With Potential Rental Growth.<br>
<br>
Note: The Trading Of The Existing Tenant Businesses Are Unaffected By Any Sale.<br>
<br>
Detailed Description<br>
<br>
The Property Is A Period 3 Storey Building. The Building Is Grade Ii Listed And Within The Towns Conservation Area. <br>
<br>
The Main Shop Area At Ground Floor Is Currently Fitted Out By The Tenant As A Tanning Studio. A Separate Side Door Leads To The Stairs To The First Floor Treatment Salon With Further Stairs To The Top Floor 2 Bed Flat.<br>
<br>
Location<br>
<br>
The Property Is Located On The Market Place In The Town Centre Of Retford. <br>
<br>
Retford Is A Vibrant And Attractive Market Town With An Immediate Population Of Approx. 24,000 And A 10 Mile Radius Population Of 216,700 (source Egi Town Report).<br>
<br>
Tenancies<br>
Ground Floor Let On Lease Ending 31st March 2027 At A Rent Of £10,500pa.<br>
First Floor Let On A Lease To 1st May 2027 At A Rent Of £4,800 Pa.<br>
Flat Let On An Ast (holding Over) At A Current Rent Of £450 Per Month.<br>
Copies Of The Agreements Are Available On Request.<br>
<br>
There Is An Opportunity, In Our Opinion, For Rental Growth On Renewals.

Download PDF Brochure
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About the Agent

Brown & Co

See Agent's Other Properties

Retail Unit

£195,000 Freehold

29 The Square, Retford, DN22 6DQ
Retail/Shop - Available
1,787 sq ft
166 sqm
Show phone number

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