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4 bed property
Church Street, Ripley DE5
£250,000
Freehold
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The property is a freehold investment opportunity in the heart of Ripley town centre, combining two adjoining properties at 11 Church Street and 1 Wall Street. The ground floor currently houses a restaurant on a long lease until 2031, generating £15,600 per annum, with a separate outbuilding producing an additional £1,200 per annum. The first floor, extensively measuring across both properties, offers a substantial space for residential conversion, potentially into one or two flats, with indicative rental income of £1,000 to £2,000 per month.