Retail Investment Opportunity in Ripley

Unit 1

Taylors Mill Crossley Street Ripley Derbyshire DE5 3EE

Investment Property For Sale: £125,000
Total Floor Area: 133 sq.m/1,433 sq.ft
Net Investment Income: £10,000 per annum




Last updated: 25 Jun 2015 Ref: Unit1Taylor

Property Description

Taylors Mill is a four storey property comprising four retail units with residential accommodation over. The adjoining ground floor units include a Premier newsagents and an Indian restaurant. The subject property provides a generally open plan floor space with a sectioned off workshop/repair area and separate store room, kitchen and WC facilities. The specification includes laminate floor coverings, painted plaster walls, a mix of Cat II and florescent tube lighting and an aluminium framed powder coated double glazed shop frontage. The property is DDA compliant and has both internal and external CCTV. To the rear there is a secure yard area for deliveries and loading.

Measurements

  • Net Internal Floor Area
Unit 1 Taylors Mill Crossley Street Ripley - R and K Mobility
Measurementimperialmetric
Ground Floor1,433 sq.ft133 sq.m
Total Floor Area1,433 sq.ft133.13 sq.m


Agent's Disclaimer

BB&J Commercial can confirm the following: 1 These marketing particulars are prepared for guidance purposes only and do not constitute part of an offer or a contract whatsoever or a statement of representation upon which any reliance can be placed. 2 All measurements, areas and distances are approximate and all descriptions, condition, permissions for use and occupation should not be relied on and any interested party should must statisfy themselves on these matters by inspection, independant advice or otherwise. 3 Neither BB&J Commerical or any of its employees or agents has any authority to make or give representation or warranty whatsoever in relation to the property. 4 BB&J Commercial have not tested any apparatus, equipment, chattel, services etc and therefore can give no warranty as to their availablility condtion or service ability. 5 All prices rents service charges etc are quoted exclusive of VAT unless stated otherwise.


Sale Terms

Offers are sought in excess of £125,000 subject to contract and exclusive of VAT. This equates to a capital value of £87 per sq ft.


Tenant, lease and rent summary

Taylors Mill Ripley DE5 3EE
Retail UnitTenantRental IncomeLease Dates
Unit 1 R and K Mobility £10,000 01.10.2012 -start
01.10.2022 -expiry
01.10.2015 -break
Total Rent £10,000


Covenant Information:

R and K Mobility

R & K Mobility have the benefit of a 10 year lease which commenced October 2012 subject to a tenant only break in October 2015, 2018 and 2021. The current rent is £10,000 per annum exclusive subject to an upward only rent review in October 2015.

Agent's Disclaimer

BB&J Commercial can confirm the following: 1 These marketing particulars are prepared for guidance purposes only and do not constitute part of an offer or a contract whatsoever or a statement of representation upon which any reliance can be placed. 2 All measurements, areas and distances are approximate and all descriptions, condition, permissions for use and occupation should not be relied on and any interested party should must statisfy themselves on these matters by inspection, independant advice or otherwise. 3 Neither BB&J Commerical or any of its employees or agents has any authority to make or give representation or warranty whatsoever in relation to the property. 4 BB&J Commercial have not tested any apparatus, equipment, chattel, services etc and therefore can give no warranty as to their availablility condtion or service ability. 5 All prices rents service charges etc are quoted exclusive of VAT unless stated otherwise.


There are no plans available to view for this property. Contact the agent for further information

Property Location

Ripley is a town in the Amber Valley district of Derbyshire, located approximately 12 miles (19.3 km) northeast of Derby and 14 miles (22.5 km) northwest of Nottingham. The town benefits from excellent commuter links; the A610 which connects with Nottingham is situated approximately 1 mile (1.6 km) to the east, the A38 which connects with Derby is located approximately 2 miles (3.2 km) to the west and J28 of the M1 is situated approximately 4 miles (6.4 km) to the north. The property is located on the periphery of Ripley town centre giving excellent access to a broad range of amenities and public transport facilities. Surrounding properties are a mix of residential and commercial uses. Adequate parking can be found directly opposite at the Crossley Street car park.

Map



bbandj
Agents Contact Details

Name: Natalie Bryan
Company: BB&J
Address: Joseph Wright House 34 Iron Gate Derby Derbyshire DE1 3GA
Email:
Email the agent
Direct Dial: (01332) 292825
Mobile: (01332) 292825





Download pdf brochure Brochure for:  Taylors Mill Crossley Street Ripley Derbyshire DE5 3EE. Investment Property For Sale: £125,000. Total Floor Area: 133 sq.m/1,433 sq.ft. Net Investment Income: £10,000

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