Retail premises for sale in Bridge Street, Belper DE56

£145,000 (£332.57/sq. ft)
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Retail premises for sale

436 sq. ft*

Property description

Belper is a popular market town situated within the borough of Amber Valley in Derbyshire. The main arterial route running through the town is the A6, which links the town with the city of Derby some eight miles to the south, and with the towns of Matlock and Bakewell and the Peak District National Park to the north.
Bridge Street (A6) is the main arterial road through Belper town and is a short walk from the prime retail pitch of King Street. There are a number of public car parks within a short walking distance of the property. Belper train station is less than 100 metres from the subject property.
The property is situated on the west side of Bridge Street close to King Street.
The property comprises a retail property of stone elevations beneath a pitched tiled roof with traditional timber frontage.
The property is in use as a retail shop having a main pedestrian entrance from Bridge Street. The ground floor provides open plan retail sales. The first floor provides a WC and an office.
We understand mains water, electricity and drainage services are connected to the property.
The property is let in its entirety to an individual T/A Dressing Room Boutique. The current lease began 19/05/2017 and expires 18/05/2024 but a reversionary renewal lease has been completed from 19/05/2024 until 18/05/2027. We are advised that the tenant has been in the property on a lease since 2008 and has renewed several
times. The lease is drawn on full repairing and insuring terms the repair covenant being limited by a photographic schedule of condition. The current rent reserved is £9,500 per annum exclusive and is payable monthly. There is an upwards only rent review in the lease dated 19/05/2026. The lease is contracted outside of the Landlord and Tenant Act 1954. A copy of the lease and schedule of condition is available from the sole agents upon request.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
David Brown Commercial, DE1 on +44 1332 494775 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by David Brown Commercial, and do not constitute property particulars. Please contact David Brown Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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