Shoe Zone, 2-6 Ryton Street, Worksop

Guide price

£100,000

Auction

Size

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Tenure

Freehold

EPC

Parking

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Primary use
Other

No floor / site plan

Key features

  • High Yielding Retail Investment
  • Retail Unit and Upper Parts
  • Let to Shoe Zone Retail Limited
  • Lease Expires 31.03.2027
  • Asset Management Potential Via Re-Letting
  • Development Potential (subject to consents)
  • Prominent Corner Pitch on Pedestrianised Street
  • Investment Let at £18,000 p.a. (18% GIY on Guide Price)

Description

The property comprises a high yielding retail investment occupying a prominent corner pitch fronting a pedestrianised street.

Arranged across ground, first and second floors, the property is fully let to Shoezone Retail Limited on a lease expiring 31.03.2029 and paying £18,000 per annum.

We understand the tenant has exercised their break option, and will therefore be vacating 31.03.2027. We therefore consider the property offers asset management potential via re-letting, or alternatively there may be opportunity to convert the upper parts to alternative uses, including residential (subject to obtaining the requisite consents)

The property occupies a prominent corner pitch fronting the pedestrianised Bridge Street, the principal retail amenity in Worksop. Nearby occupiers include Greggs, Boots, Holland & Barrett and a number of local occupiers.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

Shoe Zone, 2-6 Ryton Street, Worksop

NEAREST STATIONS

National Rail

Worksop Station

0.46 miles

National Rail

Shireoaks Station

2.31 miles

National Rail

Whitwell Station

3.64 miles

About Savills National , Savills Auctions- Commercial

Savills National , Savills Auctions- Commercial

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Disclaimer - Property reference 9C7DE135-A095-424E-A6C8-122E29AD24EB. 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 Savills National , Savills Auctions- Commercial. 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.