Skip to content
Buy
Property for sale New homes for sale Property valuation Investors Mortgages
Rent
Property to rent Student property to rent
Find Agent
Find estate agents
House prices
Sold house prices Instant online valuation
Commercial
Commercial property to rent Commercial property for sale Advertise
Inspire
Moving stories Property news Energy efficiency Property guides Housing trends Overseas blog Mortgage guides
Overseas
All countries Spain France Portugal Italy Greece Currency Sell Overseas property

15 & 15a High Street, Ripley, DE5 3AA

£155,000

£128.52 per sq ft

Business rates & charges may apply

NG Chartered Surveyors, Nottingham
SIZE AVAILABLE

1,206 sq ft

112 sq m

SECTOR

High street retail property for sale

Key features

  • A guide price of £155,000 which reflects a net initial yield of 10.55% allowing for standard purchaser costs
  • Total rental income of £16,652 per annum
  • Long term tenants in situ
  • Added benefit of first floor flat
  • Prominent position on High Street
  • Great transport links

Description

The property comprises a mid-terrace, three-storey Victorian building split to provide a commercial retail use on the ground floor, with residential use to the first and second floors.

There is a ground level access to the front of the property by way of a typical shop front. The residential flat comprises two bedrooms, one bathroom and separate living/dining quarters, accessed to the rear by way of a fire escape.

Ripley is a market town located in Derbyshire close to the towns of Heanor, Langley Mill, Alfreton and Eastwood, located approximately 10 miles from Derby and 15 miles from Nottingham.

The property is located on the main High Street of the town, surrounded predominantly by other retailers such as Peacocks, Boots, Farmfoods, Costa Coffee and Betfred, along with a mix of residential uses.

The town is served well by public transport with several bus routes in close proximity.

15: Let to Top Nails 15 Ltd (Co No. 11853733) on a 10 year lease from 16.04.2018 at a rent of £9,452 p.a. (Rent Review 08.04.2023)
15A: Let to a Private Tenant on a 12 monthly tenancy from 05.05.23 at a rent of £7,200 p.a.

Charging Authority: Amber Valley Borough Councill
Description: Shop and Premises
Rateable Value: £6,400
Period: 2024/25

Freehold subject to and with the benefit of the occupational leases.

A guide price of £155,000 which reflects a net initial yield of 10.55% allowing for standard purchaser costs.

VAT is applicable to the price at the prevailing rate.

Each party will be responsible for their own legal costs incurred in documenting the transaction.

In accordance with Anti-Money Laundering Regulations, two forms of I.D. and confirmation of the source of funding will be required from the successful purchaser.

Brochures

15 & 15a High Street, Ripley, DE5 3AA

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ambergate Station3.2 miles
  • Belper Station3.6 miles
  • Alfreton Station3.8 miles

About NG Chartered Surveyors, Nottingham

8 Landmere Lane West Bridgford Nottingham NG12 4DG

NG is a leading firm of Chartered Surveyors, established in 1980 in Nottingham. We are still invested in Nottingham and remain deeply committed to the East Midlands.

With huge experience and extensive knowledge, we are here to help and guide you through your commercial property journey. At NG we understand the importance of technology and what that offers our business, as well as yours, allowing us to stay ahead of the game and continue to be at the forefront of the commercial market in the East Midlands.

We provide a wide range of industrial and commercial property services to an extensive portfolio of local and national clients, many of whom have been loyal to us for years.

Our services include:

Acquisitions

Commercial Property Investment

Commercial Property Development

Commercial Property Agency

Property Management

Residential Block Management

Commercial Property Valuations

Residential Property Valuations

Schedules of Dilapidations

Schedules of Condition

Our success comes from a quiet determination to do the finest job we can. Never complacent, we treat every client as if they were our first and know how to build lasting businesses relationships.

NG works to the highest standards of service and professionalism. All our Surveyors and directors are members of the Royal Institution of Chartered Surveyors.

Whilst it is something of a cliché, our people are talented, dedicated and have a strong team spirit. Our expert team specialise in specific areas and we will always ensure you are liaising with an expert in their field. We are pride ourselves on being different, from diverse backgrounds and our family feel ensures we don't come across as corporate, we take the personalised approach in everything we do.

Clients trust our advice, which combines detailed knowledge with experience and, very importantly, honesty. We build lasting relationships with clients and many repay us with the greatest compliment of all - by returning to do more business, year after year.

Contact us today to find out more about any of the properties shown or if you have a general query or question, the team will be here to help and support you.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 287478-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by NG Chartered Surveyors, Nottingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

Email

Call

Email