For Sale - Development site with extended frontage

The Mandarin, Egginton RoadHilton, Derby, DE65 5FJ

£550,000 offers in excess of

0.63 Acres (0.255 Hectares)

Key Features -

  • Sale: £550,000 offers in excess of
  • 0.63 Acres (0.255 Hectares)

  • By informal tender, bids 12 noon Thursday 9th June
  • Rare opportunity in desirable sought after village
  • 0.6 miles from Hilton Village Centre
  • 1 miles from J5 A50
  • Class E - Restaurant with 40 parking spaces
  • Planning submitted for COU to Public House and erection of two new units

Location

Hilton is a village in the South Derbyshire district, c6 miles north of Burton on Trent and 10.5 miles south of Derby. The site for sale fronts the new Owls Homes, 34 unit, housing development on Eggington Road (the A5132). Being just 0.6 miles south of Hilton Neighbourhood centre, the site is within easy reach of an excellent range of amenities to include: Aldi, Tesco Express and the Wellbrook Medical Centre. Eggington Road is a popular commuter link providing access to the Derby South Bypass with J6 of the A50 just 0.5 miles to the north.

Description

Restaurant and premises with large site and extended road frontage. Just 0.6 miles south of Hilton Neighbourhood Centre. Redevelopment or conversion potential to a broad range of residential, commercial, day care or healthcare uses. The existing building provides two bars, a commercial kitchen and 45 cover restaurant on the ground floor. The first floor provides a four bed staff / managers apartment with kitchen bathroom and living room . We understand the existing premises to extend: Ground floor 3,142 sq ft First floor 1,709 sq ft Total 4,852 sq ft (Floor areas taken from architect plans and are provided on a GIA (Gross Internal Area Basis). Externally there is a well appointed site with outdoor dining opportunities and 40 designated parking spaces.

Accommodation

The site has been measured from online OS maps and is outlined in blue / red on the location plan provided in the data room on www.omeeto.co.uk.

Planning

We believe the property now falls under Class E (Commercial, Business and Services) of the Town and Country Planning (Use Classes) Order 1987 (as amended). The property may also be suitable for a range of professional, day care, healthcare or leisure uses STP. The site is also likely to be suitable for redevelopment. The vendor has submitted the following undetermined applications; DMPA/2022/0409 for Change Of Use from Restaurant (Class E) to Restaurant (Class E) / Public House (Sui Generis)(Flexible Use) and DMPA/2022/0390 for the erection of two commercial units. All parties should confirm the planning position with South Derbyshire District Council.

Services

All mains services are connected to the property including 3 Phase Electricity. Gas is currently tanked but a quote has been obtained for a mains connection.

Rating

The property is currently listed as a Restaurant and premises on VOA.gov.uk. Under the latest Government relief, qualifying retail and hospitality businesses impacted by Covid-19 will receive a rates relief discount of 66% to 31/3/22 and 50% to 31/2/23. This information is for guidance only and all parties should satisfy themselves with the local billing authority.

Rateable Value: £16,750

Rates Payable: £8,358

Tenure

Freehold

Offers are invited for the freehold with VP. The site is to be sold by informal tender with purchasers invited to submit offers in writing by 12 noon Thursday 9th June 2022. Offers should exceed the asking price and include details of the purchaser, solicitor, funding status, timing and any conditions.

Price

Sale: £550,000 offers in excess of

VAT

All figures are quoted exclusive of VAT, we are advised the property is registered for VAT which is applicable at the prevailing rate.

Viewing

Please check our website for a virtual tour. Physical viewings with proceedable parties can be arranged on request by contacting our commercial property agents. OMEETO do not take any responsibility for any loss or injury caused whilst carrying out a site visit.

Anti-Money Laundering (AML)

Any offer accepted is subject to completing AML checks.

Paper Copying Licence

100062569

Note

Plans, maps and drawings are not to scale.

Particulars Updated

24-May-2022

Omeeto

Please check our website for a suite of photos, videos and virtual tour. Users can also access our data room for various property documents.

Site for sale Site for sale

Important Notice

  1. Omeeto are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made by word of mouth or in writing.
  2. These particulars do not form part of any offer or contract and “information” must not be relied upon as statements, representations or facts.
  3. All measurements, areas and distances are approximate and for guidance. All descriptions, conditions, permission for use and occupations should not be relied upon and it should not be assumed that the property has all necessary planning, building regulation or other consents. Services, equipment and facilities etc have not been tested. Any interested party must satisfy themselves on these matters by inspection, independent advice or otherwise.
  4. Photos, video’s, virtual tours etc show only certain parts of the property as they appeared at the time of inspection.

Map data ©OpenStreetMap contributors.


Important Notice

  1. Omeeto are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made by word of mouth or in writing.
  2. These particulars do not form part of any offer or contract and “information” must not be relied upon as statements, representations or facts.
  3. All measurements, areas and distances are approximate and for guidance. All descriptions, conditions, permission for use and occupations should not be relied upon and it should not be assumed that the property has all necessary planning, building regulation or other consents. Services, equipment and facilities etc have not been tested. Any interested party must satisfy themselves on these matters by inspection, independent advice or otherwise.
  4. Photos, video’s, virtual tours etc show only certain parts of the property as they appeared at the time of inspection.

Map data ©OpenStreetMap contributors.

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