Where is the Mixed use investment located?
The property is located on the periphery of Derby city centre, just a 0.5 mile walk of the market place. Friar Gate is generally regarded as one of Derby's most important conservation areas and is in the heart of the City's main professional and business district within the Cathedral Quarter.
Friar Gate itself is one of the main arterial routes into the City and forms part of the inner ring road and links with the A38/A52 (Burton/Ashbourne) to the West and A52/A38 (Nottingham/M1) to the East.
The investment for sale is situated next to University of Derby School of Law and just 0.1 mile south of the UoD New Business School Set to open in 2024.
There are a number of quality restaurants and bars within a short walk. There are a number of contract car park facilities close by.
What 3 Word location: slam.tops.cave
Mixed use. Next to University of Derby School of Law. Offices and 2x One bed apartments. With parking. Prestigious town centre location. Grade II listed. Apartment 2 in need of modernisation and refurbishment.
Externally, to the rear is a small enclosed garden and covered parking for c 2 vehicles. The building has basement storage of a further c318 sf.
How has the accommodation been measured?
The accommodation has been measured on a Net Internal Area (NIA) in accordance with the RICS Code of Measuring.
|First floor apartment
|Second floor apartment
The property has been used for Class E (Commercial Business and service) along with C3 Residential. All parties should confirm the planning position with the relevant Local Authority.
The building is Grade II Listed Ref: SK3473636403
All mains services are connected to the property. Each unit is separately metered. There is no gas supply to the second floor flat.
What is the Ratable Value?
The offices have an RV of £6,300 on VOA.gov.uk. Qualifying tenants may therefor apply for 100% rates relief.
Each of the apartments have a council Tax band of A.
How is the accommodation offered?
Freehold investment for sale freehold with vacant possession.
£230,000 offers in excess of. Please check the VAT status.
All figures quoted are exclusive of VAT. The property is not registered for VAT.
Offices E (109)
2nd Floor Flat E (48)
What are the viewing arrangements?
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.