4, High Street, Ripley, DE5 3HH

Description

Prominently located, mixed use investment comprising superbly presented shop and separate, refurbished upper floor offices.

This terraced property comprises a tenanted, ground floor shop fitted out as a hairdressers with well-appointed trading area with kitchen and WC. Separately accessed (via a side entrance) the upper floors have recently been refurbished as offices with works to include a full rewire, re plastering, new WC, new carpets and redecoration. It is the opinion of the agent this could potentially convert to two bed living accommodation subject to prior approval.

Externally there is a small enclosed courtyard. The property enjoys a high street location with ample parking nearby.

Location

Ripley is a busy market town located in the Amber Valley District of Derbyshire, approximately 3.5 miles north east of Belper and 10 miles north of Derby. The town benefits from a variety of shops, cafes and bars.

The investment property for sale is located in the town centre, 100 meters south of the Market Place. Surrounding occupiers include the Cooperative Food Store, Nationwide Building Society, Boots and Amber Valley Town Council offices.

Planning

We believe the property has been used under Classes E (Commercial, Business and Service) of the Town and Country Planning (Use Classes) Order 1987 (as amended). All parties should confirm the planning position with the relevant Local Authority.

Services

We are advised all mains services (with the exception of gas) are connected to the property. Currently the shop has the ingoing metered supplies. A quote is being obtained to install separate supplies to the offices.

VAT

All figures are quoted exclusive of VAT, we are advised the property is not registered for VAT.

EPC

D(100)

Accommodation

The accommodation has been measured on a Net Internal Area (NIA) in accordance with the RICS Code of Measuring practice.

Tenure Comments

The premises is being sold freehold and subject to the existing tenancies as follows:

Shop: subject to a new 5 year lease (in personal names) from September 2021. The tenants are on IRI terms and pay £8,000 per annum exclusive.

Separately accessed upper floors: vacant

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Mixed Use Investment Opportunity

Viewing

Please check our website for a virtual tour. Physical viewings with proceedable parties can be arranged on request by contacting our commercial property agents. OMEETO do not take any responsibility for any loss or injury caused whilst carrying out a site visit.
( Agency Pilot Software ref: 124 )