7-9 Oxford Street Ripley Derbyshire DE5 3AG

7-9 Oxford Street
Ripley
Derbyshire
DE5 3AG

Freehold Retail and Residential Investment

Comprises two vacant shops and two separately-accessed flats let on AST's
Immediate asset management opportunities - by letting vacant shops
Nearby occupiers include Co-op Supermarket, Sainsbury's Supermarket, Boots the Chemist, Superdrug, McDonald's, Starbucks, Costa, Greggs and JD Wetherspoon
VAT free investment

Lot
35
Auction
15th May 2025
Rent
£11,700 per Annum Exclusive
plus 2 Vacant Shops
Status
Sold
Price
£212,000
Auction Venue
Live Streamed Auction
By Order of Administrators

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Freehold Retail and Residential Investment

Comprises two vacant shops and two separately-accessed flats let on AST's
Immediate asset management opportunities - by letting vacant shops
Nearby occupiers include Co-op Supermarket, Sainsbury's Supermarket, Boots the Chemist, Superdrug, McDonald's, Starbucks, Costa, Greggs and JD Wetherspoon
VAT free investment

Lot 35
Auction 15th May 2025
Rent £11,700 per Annum Exclusive plus 2 Vacant Shops
Status Sold
Price £212,000
Sector
High Street Retail, Residential
Auction Venue
Live Streamed Auction
By Order of Administrators

Property Information

Location

Miles: 11 miles north of Derby, 15 miles north-west of Nottingham, 37 miles south of Sheffield
Roads: A38, A610, M1 (Junction 28)
Rail: Alfreton Train Station
Air: East Midlands Airport

Situation

The property is prominently situated in the heart of the town centre, on the south side of the pedestrianised Oxford Street. Nearby occupiers include Co-op Supermarket, Sainsbury's Supermarket, Boots the Chemist, Superdrug, McDonald's, Starbucks, Costa, Greggs and JD Wetherspoon.

Tenure

Freehold.

Location

Miles: 11 miles north of Derby, 15 miles north-west of Nottingham, 37 miles south of Sheffield
Roads: A38, A610, M1 (Junction 28)
Rail: Alfreton Train Station
Air: East Midlands Airport

Situation

Tenure

Freehold.

Description

The property comprises two shops arranged on the ground floor, and two separately-accessed one bed flats arranged on the first floor.

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Administrators and therefore no warranties, representations or guarantees are given or will be given by the Administrators or the Auctioneers in respect of the information in these particulars or any matter relating to the property, including VAT. Any information provided is provided without liability on the part of the Administrators and Auctioneers for any reliance placed on it. The Administrators are acting without personal liability and are not bound to accept the highest or any offer.

EPC

All Band C

Description

The property comprises two shops arranged on the ground floor, and two separately-accessed one bed flats arranged on the first floor.

VAT

VAT is not applicable to this lot.

Note

EPC

All Band C

Tenancy & Accommodation

Address	Floor	Use	Floor Areas Approx sq m	Floor Areas (Approx sq ft)	Tenant	Term	Rent p.a.x.	Rent Review
7 Oxford Street	Ground	Retail/Ancillary	46.55	(501)	VACANT	-	-	-
9 Oxford Street	Ground	Retail/Ancillary	53.37	(574)	VACANT	-	-	-
7a Oxford Street	First	Residential - 1 bed, kitchen/living room, w/c	48.26	(518)	AN INDIVIDUAL	AST 1 year from 19/12/2022 (Holding Over) at £500 pcm	£6,000	-
9a Oxford Street	First	Residential - 1 bed, kitchen/living room, w/c	44.96	(485)	TWO INDIVIDUALS	AST 1 year from 08/01/2021 (Holding Over) at £475 pcm	£5,700	-
Total			193.14	(2,078)			£11,700

(1) The commercial floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.