Office Sold Ash Tree Lodge, 105 Uttoxeter New Road, Derby

The offices for sale are located on Uttoxeter New Road (A516) less than a mile from Derby City Centre. A516 is a main arterial route linking Derby City Centre with the outer ring road and Kingsway A38.

It is a mixed use residential and commercial location with a number of high street retail units and local conveniences situated along Uttoxeter New Road. Royal Derby Hospital is within c 1.5 miles and occupiers at Kingsway Business Park include Sainsbury's, Costa, Subway, Gregg's, Marks & Spencer and more.

Excellent commuter and public transport links are close by.

What 3 Words Location: most.twice.ruby

For sale by auction. Residential conversion or development opportunity STP. Currently fully let by way of FRI lease to 02 March 2025 (Tenant has served a break notice). Currently producing £29,500 p.a. Attractive period building providing 10 well appointed offices over ground and first floors with kitchens, WCs and attic storage. The vendor has produced various sketch schemes for conversion to 19 HMO bedrooms or extension and conversion to 15 apartments or 33 Studios. No planning has been submitted and parties are to rely on their own due diligence.

Situated in 0.28 acres on a corner plot at the junction with Peet Street.

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

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). By way of a lapsed planning permission referenced 19/00551/FUL consent was previously granted for the creation of a new access to Peet Street and formation of a larger car parking area (7 spaces).

All parties should confirm the planning position with the relevant Local Authority. The vendor seeks unconditional interest.

All mains services 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 as an office and premises on VOA.gov.uk.

Rateable Value: £19,250

Rates Payable: £9,606

Freehold

The property for sale is offered with Joint Auctioneers Eddison's SDL. The sale of this property will take place on the stated date by way of an Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. For further details and the information pack please see https://www.sdlauctions.co.uk/

Currently tenanted by Trent Psychological Therapy Services Ltd by way of an FRI Lease expiring 2nd March 2027. The current rent is £29,500 per annum. The tenant has vacated the building of staff and has served their break notice to quit 2nd March 2025.

£325,000 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.

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Please contact us or visit the OMEETO website for full details and 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.