14 - 16 Church Street, Ripley, Derbyshire

  • GROUND FLOOR SALES: 3,439 SQ FT (319.5 SQ M)
  • For Sale
  • Offers in the region of £300,000
  • 14-16 Church Street, Ripley, Derbyshire
  • 14-16 Church Street, Ripley, Derbyshire
  • 14-16 Church Street, Ripley, Derbyshire
  • 14-16 Church Street, Ripley, Derbyshire
  • 14-16 Church Street, Ripley, Derbyshire

PROMINENT RETAIL UNIT

GROUND FLOOR SALES: 3,439 SQ FT (319.5 SQ M)

PROMINENT RETAIL UNIT FORMERLY OCCUPIED BY POUNDLAND

SERVICING AND LOADING FACILITIES TO SIDE

COMBINATION OF NATIONAL AND LOCAL RETAILERS NEARBY

ANCILLARY ACCOMMODATION TO THE FIRST FLOOR

SUITABLE FOR A VARIETY OF USES (SUBJECT TO PLANNING)

 

LOCATION

Ripley is a busy market town located in the Amber Valley Borough of Derbyshire and has a population of approximately 21,000 people and serving a catchment of approximately 186,000 people. Ripley is situated 10 miles north of Derby city centre and 12 miles north-west of Nottingham city centre.
The subject premises occupy a prominent location on the southern side of Church Street in the heart of Ripley, benefitting form high visibility and along the towns one-way system.
 
Ripley is home to a number national, regional and local operators including Lidl, Costa Coffee, Superdrug, Greggs, Birds Bakery, Boots and Specsavers.
 
The Church Street pay and display car park is located immediately to the east of the property.
 

DESCRIPTION

The premises comprise a retail unit with accommodation across ground and first floors. It has a prominent wide shop front facing Church Street and provides a large open plan retail unit at ground floor benefitting from; tiled floors, painted and plastered walls, suspected ceilings incorporating lighting with a floor to ceiling height of 3.5m.
 
To the rear of the ground floor is ancillary storage accessed by way of a service road immediately to the east of the proeprty access by way of a roller shutter door.
 
The first floor provides a combination of storage, (accessed by way of a goods lift) offices, staff breakout rooms, along with male and female WC facilities.
 

ACCOMMODATION

The property has the following Net Internal Areas in accordance with the RICS Code of Measuring Practice:
 
Ground Floor – Retail Area 319.5 sq m  3,439 sq ft 
Ground Floor - Stores 71.7 sq m  772  sq ft
First Floor - Stores 96.2 sq m  1,035 sq ft 
First Floor - Ancillary 33.8 sq m 364 sq ft 
Total 517.8 sq m 5,573 sq ft 
 

TERMS OF DISPOSAL

The premises are available immediately by way of a new fully repairing and insuring lease for a term of years to be agreed.
 
Consideration will also be given to a sale for the freehold interest in the subject premises.
 

QUOTING TERMS

Leasehold - £27,500 per annum exclusive
Freehold – offers in the region of £300,000
 

BUSINESS RATES

From enquiries made of the VOA website we understand that the property is currently assessed as follows:
 
Local Authority: Amber Valley District Council
Description: Shop & Premises
Rateable Value: £33,750
 
A Rates Appeal is due to be lodged with the Valuation Office Agency.
 

SERVICES

It is understood that mains water and electricity are available and connected to the premises.
 

PLANNING

From enquiries made of Amber Valley District Council it is understood that the property currently has the benefit of a Class E Consent.
 
Alternative uses may be permitted, although interested parties are advised to make their own enquiries of Amber Valley District Council’s Planning Department in respect of their proposed use.
 

VAT

We are advised that VAT will not be applicable on the rent / purchase price.
 

ENERGY PERFORMANCE CERTIFICATE

The property has an Energy performance Asset Rating of E (114).
 

LEGAL COSTS

Each party will be responsible for their own legal costs involved in this transaction.
 

Viewing

Strictly by appointment only with the sole agent Geo Hallam & Sons:

Downloads

Location Map

Property Particulars

MISREPRESENTATION ACT: Geo Hallam & Sons for themselves and for the Vendors or lessors of this property whose agents they are give notice that:

  • 1) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute part of an offer or contract.
  • 2) All descriptions, dimensions, references to conditions and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to correctness of each of them.
  • 3) No person in the employment of Geo Hallam & Sons has any authority to give any representation or warranty whatsoever in relation to this property.