38 Market Street
38 Market Street, New Mills, High Peak, Derbyshire, SK22 4AA
For sale
£119,950
Size
517 Sq Ft
Key features
- Prominent High Street Position
- Car Parking Available Nearby
- Excellent Foot Fall and Visibility
- Secure Tenant in place
- Rated E. A copy of the certificate is available upon request.
Overview
An exceptional opportunity to acquire a prime ground-floor retail investment with a secure, income-generating tenant in place. Located in a high-footfall area, this property boasts excellent visibility thanks to its wide shop frontage, attracting consistent passing trade.
Key Features:
– Prominent retail location – Highly visible position ideal for attracting footfall
– Layout – Open-plan for maximum usability with ample storage space with WC & Kitchenette at rear.
– Secure Tenant – Occupied by Premier Convenience Store on a 5 Year lease until 2030.
– Lease Terms – IRI lease type with a Rental of £9,000 per annum. Rent Review in 2028 upwards only to market value.
– Gross Yield – 7.50%
– Tenure – Leasehold
Location
Situated in the heart of New Mills, this high street retail shop benefits from a prime location on Market Street. The area experiences high foot traffic, providing an ideal spot for visibility along with excellent commuter links and convenient parking options.