Office Suite Now Let Upper Floors, Cornmarket, Derby, Derbyshire

Former bank to let in Derby City Centre's Cathedral Quarter, fronting onto the pedestrianised Cornmarket and Market Place. This is generally regarded as Derby's prime retail and leisure destination. Nearby occupiers include Cubo Serviced offices, Primark, Superdrug, Nando's, Greggs, Subway, Revolution de Cuba, Turtle Bay and The Cosy Club.

The property is located 0.1 miles north of the Becketwell Regeneration Area which proposes 342 apartments in two main residential buildings, up to 25,000 square metres of business space, a new public square for the city centre with a hotel, restaurants and cafes around the square, plus a 500-space pay and display car park.

The property has good links to public transport and parking. Derby bus station is 0.3 miles to the east and ParkSafe Car Park is 0.2 miles to the north.
What 3 Word Location: influencing.advice.order

Prominent position, above new Frank Innes, facing onto the Market Place and Cornmarket. Self-contained offices over first - third floors. Available as a whole or on a floor by floor basis.

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

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 suitable for professional uses STP. All parties should confirm the planning position with the relevant Local Authority.

It is to our understanding that all mains services with the exception of gas are available at 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 to be reassessed for rating purposes. It is estimated each floor will have a Ratable Value of c£10,000. All information must be confirmed with the valuation office.

Leasehold

High Street offices to let by way of a new lease as a whole or on a floor by floor basis.

Rent: £35,000 per annum. All figures are quoted exclusive of VAT, we are advised the property is not registered for VAT.

The current years budget is £3,894 per month. This is a draft budget reflecting that the building has been newly split. Services include the running, maintenance and up keep of the building structure, shared M&E/lift maintenance, window cleaning, gas and common & external areas. This will be reviewed against the actual costs in 2025.

D(87)

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.