For Sale - Mixed use, multi tenanted investment

Location

Belper is a busy market town in the Amber Valley District of Derbyshire, located approximately 5 miles southwest of Ripley and 8.7 miles north of Derby.

The property occupies a prominent corner position in the town centre and has excellent access to a broad range high street amenities, parking and public transport. Excellent commuter links are close by; the A6 which connects with Derby is situated 0.1 mile to the west and the A38 / A610 junction is just 4.5 miles to the northeast.

Description

Mixed use, town centre investment: two shops and three serviced office suites. Fully let. Producing £46,250 including serviced office income.

The shops are self-contained each with their own WC and kitchen. The serviced offices are separately accessed and over the first and second floors. The offices are generally finished with carpet floor coverings, plaster painted walls, electric heaters, Air con (in part) Cat II lights. The offices share kitchen and W.C. facilities, these are located on the first floor.

Accommodation

The accommodation has been measured on a Net Internal Area (NIA) in accordance with the RICS Code of Measuring practice. All areas have been taken from the VOA and should be confirmed.

Floor	Sq Ft	Sq M
Shop 1 62a Oh So Sweet	586.6	54.5
Shop 2 62b Peakdale Outdoor	442.4	41.1
FF Serviced office 101	291.7	27.1
FF Serviced office 102	189.4	17.6
FF Shared serviced office kitchen	95.8	8.9
SF Serviced office 201	425.2	39.5
Total	2,031	189

Planning

We believe the property has been used under Class E - Commercial, Business and Service of the Town and Country Planning (Use Classes) Order 1987 (as amended) but may be subject to a range of professional uses STP. All parties should confirm the planning position with the relevant Local Authority. The plan shown on www.omeeto.co.uk relates to the 2007 sub division of the ground floor retail. The conversion of the offices shown has not been implemented.

Services

We understated all main services are connected to the property and the shops are separately metered with their own supplies. The tenants are responsible for maintaining the shops.

There is a separate electric and water supply to the first and second floor serviced office suites. These are let on an "inclusive" rental basis. Rents included water, electric, maintenance (interior and exterior), cleaning of common areas.

Rating

The property is currently separately listed on VOA.gov.uk as shown below. Subject to status, some tenants may qualify for rates relief. Shop 1 - shop and premises - £13,750 Shop 2 - shop and premises - £6,700 Office 1 - office and premises - £1,600 Office 2 - office and premises - £740 Office 3 - office and premises - £2,325

Tenure

Freehold

The property is available freehold subject to a number of tenancies producing a combined income of £46,250. Please refer to the tenancy schedule provided.

Price

Sale: £450,000 for the Freehold

VAT

All figures are quoted exclusive of VAT, we are advised the property is registered for VAT however subject to qualifying criteria the sale may be treated TOGC.

EPC

The property is under a single assessment of D(83)

Viewing

Please visit www.omeeto.co.uk for a virtual tour. Physical viewings and be booked once a buyer has reviewed the online information and confirmed they are proceedable.

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.

Note

Plans, maps and drawings are not to scale.

Particulars Updated

09-Aug-2022