Belper Syndicate
About this property
A two storey, double fronted shop on King Street, the main shopping street in the centre of Belper, a Derbyshire town some six miles from Derby with good road connections and its own railway station. The building is traditional and of stone construction, with period detail including stone dressings and ornate soffit boarding, a recessed entrance and a regularly proportioned ground floor sales area. It extends to approximately 3,001 sq ft, the first floor given over to ancillary storage, a staff kitchen and WCs. King Street mixes local and regional traders with national names including Boots, Vision Express, Holland & Barrett, Iceland, Poundland and Costa, and a Morrisons superstore anchors the edge of the town centre.
The whole property is let to Superdrug Stores plc, which trades from the ground floor shop and uses the upper floor as ancillary accommodation. The lease is held on assignment from Savers Health & Beauty Ltd.
- Superdrug Stores plc
Retail
This syndicate is closed to new investment.
At a glance
- Type
- Retail
- Address
- 26-28 King Street, Belper, Derbyshire, DE56 1PS
- Initial yield
- 6%
- Syndicated
Initial yield is the net initial yield at the date that building was syndicated. It is a historic figure for that date and is not an indication of the income or the return available now or in future. Past performance is not a reliable indicator of future results.
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