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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

The property is a period 3 storey building. The building is grade II listed and within the towns Conservation Area.

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.

Fully Income Producing Investment

Total Income £20,700 Pa

Grade Ii Listed Building

Epcs Available On Request

Fully Income Producing Investment Comprising Of A Ground Floor Shop, First Floor Treatments Salon And Second Floor Flat.

£20,700 Pa Total Income With Potential Rental Growth.

Note: The Trading Of The Existing Tenant Businesses Are Unaffected By Any Sale.

Detailed Description

The Property Is A Period 3 Storey Building. The Building Is Grade Ii Listed And Within The Towns Conservation Area.

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.

Location

The Property Is Located On The Market Place In The Town Centre Of Retford.

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).

Tenancies
Ground Floor Let On Lease Ending 31st March 2027 At A Rent Of £10,500pa.
First Floor Let On A Lease To 1st May 2027 At A Rent Of £4,800 Pa.
Flat Let On An Ast (holding Over) At A Current Rent Of £450 Per Month.
Copies Of The Agreements Are Available On Request.

There Is An Opportunity, In Our Opinion, For Rental Growth On Renewals.

Download PDF Brochure
Open map Street View

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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