Investment property let to Snap Fitness

An opportunity to acquire a commercial investment property let to Snap Fitness, located in the heart of Ilkeston town centre. The property occupies a prominent position within an established retail parade in the retail centre of Ilkeston, situated directly opposite Ilkeston Market Place. Nearby occupiers include Harmony, Lloyds, and Hogarths. The location benefits from being adjacent to a bus stop serving surrounding areas, and features allocated parking in the multi-storey car park to the rear. Providing accommodation arranged over the ground floor, the property comprises an open-plan gym, a staff kitchen, customer and staff toilets, and store rooms. The unit further benefits from a double-glazed frontage onto South Street. The property is offered for sale on a new 999-year long leasehold (virtual freehold) and is let on a 9-year lease from 8th January 2017, producing a current rent reserved of £37,500 per annum. This represents an ideal commercial investment opportunity.