Retail investment property in Ilkeston town centre

An opportunity to acquire a retail investment property let to New Beauty, occupying a prominent position in the retail centre of Ilkeston. Situated within an established retail parade directly opposite Ilkeston Market Place, the property benefits from close proximity to multiple town centre pay-and-display car parks and is adjacent to a bus stop serving surrounding areas. Nearby occupiers include Snap Fitness, Lloyds, and Hogarths. This ground floor retail unit is let to New Beauty and comprises an open-plan trading area, kitchen, and customer and staff toilets, benefiting 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 10-year lease from 15th May 2026 with a current rent reserved of £9,999.96 per annum. This represents an ideal opportunity for investors seeking a well-positioned retail holding.