24 Market Place
Business rates & charges may apply
- SIZE
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- SECTOR
High street retail property for sale
Key features
- Asking price: £260,000
- Ground floor unit
- Former kitchen showroom
- Popular rental location
- Corner plot with return frontage
- Investment Opportunity
- Upper parts sold off long leasehold
- Residential flat above (not included)
- Sold with vacant possession
- Freehold
Description
Retail Unit - Investment Opportunity
Overview
A freehold retail unit for sale by private treaty. The property will be sold with vacant possession.
The property is located on the northern side of Market Place at the junction with The Vale.
Nearby occupiers include Dominos Pizza, Raj Darbar Traditional Indian Restaurant, Curtain, Shutter & Blind shop, Barbers and an estate agents.
The glazed front and side elevation to The Vale provides good natural light for the shop. Internally, the main trading space is open plan with a raised section to the rear.
Services
We understand the property to have mains gas electricity, water and drainage.
The services have not been inspected by John Pye Property and we recommend that interested parties complete their own investigations in this respect.
Tenure
Freehold with vacant possession. Upper parts sold off on a long lease.
Long lease: 99 years from 10 May 2013 at a peppercorn ground rent.
Investment Analysis
We expect a rent in the region of £15,000 to £17,500 pa exclusive will be achievable.
Rateable Value
Rateable value of £13,500
Asking Price
£260,000
EPC
EPC -
Recommendation Report -
24 Market Place
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Gerrards Cross Station1.2 miles
- Seer Green Station2.1 miles
- Denham Golf Club Station2.5 miles
About John Pye Property, Nottingham
James Shipstone House, Radford Road, New Basford, Nottingham, NG7 7EA
Notes
Disclaimer - Property reference PROP243. 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 John Pye Property, 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.
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