Property Description

A retail investment opportunity comprising a two storey mid-terraced building extending to approximately 347 sq.m (3,735 sq.ft). The property is let in full to Superdrug on a new 5 year lease dated September 2024 at a current rent of £28,500+VAT per annum and we understand the current tenants have been in situ for the last 15 years. The property fronts onto Oxford Street in Ripley town centre forming part of the main retail area with surrounding occupiers including Max Spielman, Costa Coffee, Farmfoods and Boots.

Ground Floor:

Main retail area and store room.

First Floor:

Kitchen, staff room and wc.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure

Freehold

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