Where is the Office located?
Pride Park is located c1 mile east of Derby City Centre and is generally regarded as a principle location for businesses.
The office for sale is situated on Stadium Business Court off Millennium Way. The office is within 0.3 miles of Derby County Football Stadium, Pride Park and Ride, Starbucks , EG Garage and Spar Convenience.
The office for rent benefits from excellent commuter and public transport links with Derby train station situated just 0.3 miles and Derby bus station 1.5 miles to the north west. The property has excellent access to the A38/A50 and the A52 which provides direct access to J25 of the M1 which lies just 7.0 miles to the east.
What does the Office comprise?
Quality office with excellent parking, solar panels, air con, LED Lighting & Leased Line internet infrastructure. Originally built to open plan. The ground floor now provides a well appointed working area and two managers offices. The first floor provides meeting rooms, storage and a kitchen. There is a single WC to each floor.
The office for rent is finished to a high standard with trunking for power and data, electric heaters, alarm and security shutters. Externally there is forecourt parking for 8 cars.
How has the Office been measured?
The accommodation has been measured on a Nett Internal Area basis (NIA) in accordance with the RICS Code of Measuring practice.
| Floor |
Sq Ft |
Sq M |
| Ground floor |
951 |
88.35 |
| First floor |
575 |
53.42 |
| Total | 1,526 | 142 |
What has the property been used for?
We believe the property has been used under Class E (Commercial Business and Service) of the Town and Country Planning Use Class Order 2020 but may be suitable for a range of professional uses STP. All parties should confirm the planning position with the relevant Local Authority.
Are there Utilities?
All mains services with the exception of gas are connected to the property. The Solar Panel generates a credit (dependent on power generated) a£180 - £350 refund every 3 months. The agents give no guarantee in respect of connectivity or capacity and interested parties must rely on their own investigations.
What is the Rateable Value?
The property is currently listed as offices and premises on VOA.gov.uk with two separate assessments as follows;
1 St Flr Unit 12: £5,000
Gnd Flr Unit 12: £9,100
Please check the valuation office website for any rates incentives. Subject to status the occupier(s) may qualify for 100% rates relief.
How is the property offered?
Leasehold
Office to let by way of a new FRI lease for minimum a term of 3 years. Alternatively a sale of the 999 Virtual Freehold will be considered.
How much is the Price, and is VAT payable on top?
Rent: £22,000 per annum or £275,000 for the Freehold. All figures are quoted exclusive of VAT, we are advised the property is registered for VAT which is applicable at the prevailing rate.
Is Service Charge Payable?
Is payable for the running, maintenance and up keep of the shared external areas.
Service charge budget: £1,472.00
What is the EPC rating?
What are the viewing arrangements?
Please contact us or visit www.omeeto.co.uk 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.