Church St, Ripley DE5 3BU & Wall St Ripley DE5 3DE

This unique investment opportunity comprises two interconnected properties located in the bustling heart of Ripley. The ground floor is currently occupied by a long-term restaurant lease, securing an annual rental income of £15,600 until 2031, along with additional income from a separate outbuilding. Above this commercial space lies the first floor which presents a significant refurbishment prospect; requiring modernisation, it could be transformed into either two self-contained flats or maintained as a large residential unit. The potential rental income for the first floor could range between £1,000 to over £2,000 per month post-refurbishment, depending on your development strategy and adherence to planning regulations. With current market conditions suggesting a favourable rent review in 2026 for the restaurant and demand for residential letting in this prime location, this property offers an attractive value-add opportunity for investors or developers seeking to enhance their portfolio.