Where is the Office located?
This prominent and imposing building lies immediately north of Derby Train Station on Railway Terrace. It is a mixed use location with other nearby occupiers to include a number of hotels, an excellent range of restaurants, pubs and local convenience shops.
Derby City Centre is just a 0.6 miles walk to the west.
What does the Office comprise?
Rail track side offices with direct access onto Platform 1 of Derby Train Station.
The building benefits from a meet and greet reception, waiting lobby and lift. The offices to let are located on the second floor and are of a predominantly cellular layout. The floor is self contained with its own kitchen, WC's and shower. The offices benefit from LED lighting, central heating and air conditioning (in part). There is CCTV to common areas.
Externally there is a rear yard providing parking for approximately 5 vehicles. Access is controlled by a security barrier and intercom entry. Parking available on a first come first serve basis. Additional pay and display car park at Derby Train Station.
How has the Office been measured?
The accommodation has been measured on a Net Internal Area (NIA) in accordance with the RICS Code of Measuring practice. Areas are quoted from the Valuation Office and should be checked.
What has the property been used for?
The property falls 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 uses STP. All parties should confirm the planning position with the relevant Local Authority.
The property is situated in the Railway Terrace Conservation area.
Are there Utilities?
All mains services are connected to the property. Utility costs are included in the service charge. 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 an office and premises on VOA.gov.uk under 8 rating assessments. Each assessment is within the threshold for small business rates relief. Subject to how the property is occupied, the accommodation may need to be reassessed. It is anticipated a single rating assessment of the whole floor shall be ITRO £22,500. Interested parties must take their own advice and satisfy themselves as to the rates position.
How is the property offered?
Leasehold
Office to let for a minimum term of 3 years. The premises are offered by way of a standard licence which is available for inspection on request. Should the tenant wish to take a longer lease, this can be considered however each party will then be responsible for their own legal costs.
How much is the Rent?
Rent: £2,980 per month. 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?
Included within the service charge are the following services: Broadband, heating, lighting, electricity, water, buildings insurance, maintenance and up-keep of the common shared and external facilities. Furniture and telecoms can be provided at an additional cost.
Service charge budget: £6.50 per Sq Ft
What is the EPC rating?
What are the viewing arrangements?
Please contact us or visit the OMEETO website for full details or to request a viewing. OMEETO do not take any responsibility for any loss or injury caused whilst carrying out a site visit.