Where is the Potential conversion located?
The office for sale is located 0.5 miles southeast of Derby City Centre and occupies a corner position on Osmaston Road, facing the new Nightingale Quarter; a new development of c800 homes and six acres of open space, parkland and gardens.
It is generally regarded as a mixed use location with a range of residential and commercial accommodation close by. Lidl is located just 0.2 miles to the west, along with an excellent and diverse range of high street shops and eateries on Normanton Road.
The offices are superbly positioned for commuter and public transport links. Osmaston Road is a main route into the city centre, linking with the A601 Lara Croft Way (Derby's Inner Ring Road).
Description
Former YMCA, occupying corner position on Osmaston Road, opposite new Nightingale Quarter. Predominantly cellular layout. Suitable for variety of uses or conversion STP. With rear car park for 5 vehicles. There is a third party ROW through the car park servicing the adjoining property.
How has the accommodation been measured?
Measurements taken from VOA and provided on a Net Internal Area basis (NIA), in accordance with the RICS Code of Measuring Practice.
Floor |
Sq Ft |
Sq M |
Ground Floor |
1,000 |
92.9 |
First Floor |
861 |
79.99 |
Second Floor |
899 |
83.52 |
Basement |
161 |
14.96 |
Total | 2,921 | 271 |
Planning
We believe the property has been used under Class E (commercial business and service) and Class F1 (Learning and non-residential institutions) of the The Town and Country Planning (Use Classes) Order 1987 (as amended). Interested parties should confirm the planning position with the local planning authority.
Services
All mains services are connected to the property.
What is the Ratable Value?
The property is currently listed as an office and premises on VOA.gov.uk.
Rateable Value: £18,750
Rates Payable: £9,356
How is the accommodation offered?
Freehold
Office for sale freehold. The site is to be sold by informal tender with purchasers invited to submit offers in writing by noon Thursday 27th April 2023. Offers must be in excess of the guide, sent in writing by email to chrisw@omeeto.co.uk and should include; Purchaser contact details, Solicitor details, advice on timing, proof of funds / finance, details of proposed use (and if you have taken planning advice) along with detail of any conditions. Note the vendor has a preference for unconditional offers.
Price
£235,000 offers in excess of. Please check the VAT status.
VAT
All figures are quoted exclusive of VAT, we are advised the property is not registered for VAT.
EPC
D (89)
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 OMEETO or our joint Agent Innes England. OMEETO do not take any responsibility for any loss or injury caused whilst carrying out a site visit.