Shop For Sale 27 Nottingham Road, Borrowash, Derby

The shop occupies a prominent position fronting Nottingham Road in the heart of Borrowash, an established and popular village approximately 5 miles east of Derby city centre.

The property adjoins Victoria Avenue, at the centre of Borrowash's main shopping area, with nearby occupiers including Co-op Food, Birds Bakery and BJ Wilson Pharmacy, together with a range of independent shops and businesses.

Borrowash benefits from excellent road connections, with the A52 providing direct access to Derby and Nottingham and Junction 25 of the M1 approximately 4 miles away.

Modern self-contained shop for sale in a prominent main road position in the heart of Borrowash. Available now on auction conditions, providing a straightforward opportunity for an owner-occupier or investor. Currently fitted as a barber shop and suitable for a range of retail, office, professional and other Class E uses, subject to any necessary consents.

The accommodation provides a well-presented open-plan retail area together with a kitchen and WC.

The property benefits from strong visibility onto Nottingham Road, with the main Borrowash shopping area immediately adjoining on Victoria Avenue.

The accommodation has been measured on a Net Internal Area (NIA) in accordance with the RICS Code of Measuring practice

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.

All mains services with the exception of gas are connected to the property. The agents give no guarantee in respect of connectivity or capacity and interested parties must rely on their own investigations.

The property is currently listed together with no 25 as a hairdresser and premises on VOA.gov.uk. The property may therefore need to be separately assessed. The current Ratable Value is £7,800. Please check the valuation office website for any rates incentives. Subject to status the occupier may qualify for 100% rates relief.

Freehold

Retail unit is held by way of virtual freehold (999 year lease) from November 2008. The ground rent is £1 per annum. The lease permits use as retail, office or financial and professional services.

The property is offered for sale with Joint Auctioneers BTG Eddisons. All sales are subject to BTG Eddisons Auctions Buyers Terms. For further details and the information pack please see: https://www.btgeddisonspropertyauctions.com/properties/202605060953sq_wypn-280526/for-auction-derby

The following deposits and non-refundable auctioneers fees apply:
- 10% deposit (subject to a minimum of £5,000)
- Buyer's Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT)
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

£68,000 Guide price. All figures are quoted exclusive of VAT, we are advised the property is registered for VAT which is applicable at the prevailing rate.

Is payable to the head landlord for the running, maintenance and up keep of the building structure and roof.

Service charge budget: £31.00 per month

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Please contact us or visit www.omeeto.co.uk for full details. 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.