29 The Square, Retford, Nottinghamshire, DN22 6DQ
£109.12 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,787 sq ft
166 sq m
- SECTOR
High street retail property for sale
Key features
- Fully income producing investment
- Total income £20,700 pa
- Grade II listed building
- EPCs available on request
Description
Total income £20,700 pa
Grade II listed building
EPCs available on request
Fully income producing investment comprising of a ground floor shop, first floor treatments salon and second floor flat.
£20,700 pa total income with potential rental growth.
NOTE: The trading of the existing tenant businesses are unaffected by any sale.
Detailed Description
The property is a period 3 storey building. The building is grade II listed and within the towns Conservation Area.
The main shop area at ground floor is currently fitted out by the tenant as a tanning studio. A separate side door leads to the stairs to the first floor treatment salon with further stairs to the top floor 2 bed flat.
Location
The Property is located on the Market Place in the town centre of Retford.
Retford is a vibrant and attractive market town with an immediate population of approx. 24,000 and a 10 mile radius population of 216,700 (Source EGi Town Report).
TENANCIES
Ground floor let on lease ending 31st March 2027 at a rent of £10,500pa.
First floor let on a lease to 1st May 2027 at a rent of £4,800 pa.
Flat let on an AST (holding over) at a current rent of £450 per month.
Copies of the agreements are available on request.
There is an opportunity, in our opinion, for rental growth on renewals.
Brochures
29 The Square, Retford, Nottinghamshire, DN22 6DQ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Retford Station0.6 miles
- Retford Station0.6 miles
Notes
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