Where is the Shop located?
Derby city centre is a vibrant commercial hub undergoing major regeneration. 4 Royal Buildings, Victoria Street, DE1 1ES occupies a prime high street position opposite the Becketwell regeneration scheme of 342 new apartments, the 3,500-capacity Valliant Live entertainment venue and public square with hotel, restaurants and a 500-space car park underway.
Nearby occupiers include Tesco Metro, McDonald's, Superdrug, Caffe Nero and Cosy Club. Excellent public transport links with Derby bus station just 0.3 miles away. Ideal for retail, leisure, professional or medical uses seeking strong footfall and city-centre visibility.
What 3 Words Location: rises.sailor.store
What does the Shop comprise?
High-quality, refurbished high street Class E unit to rent. This well-presented ground-floor space is currently fitted as a clinic with four treatment/consultation rooms (all with sinks), reception, kitchen and WCs - ready for immediate occupation.
Finished to a high standard with new tile flooring, suspended ceilings, LED lighting and air conditioning. Large shop frontage provides excellent visibility. Class E planning use makes it suitable for a wide range of high street uses including retail, café, restaurant, office, gym or medical/treatment space.
A prime city-centre opportunity for those searching for retail units to rent Derby, clinic space Derby city centre, shop to let Victoria Street or Class E premises Derby.
How has the Shop been measured?
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.
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?
It is to our understanding that all mains services with the exception of gas are connected to the property. We are advised 3 phase electricity is connected. 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 a shop and premises on VOA.gov.uk. Please check the valuation office website for any rates incentives. Subject to status you may qualify for small business rates relief.
The latest Government retail relief gives qualifying retail, hospitality and leisure businesses a discount of 45% on the rates payable to 31/03/2026 (up to a total saving of £110,000 per business). This information is for guidance only and all parties should check themselves with the local billing authority.
Rateable Value: £12,000
How is the property offered?
Leasehold
Shop for rent by way of a new lease for a minimum term of 3 years.
How much is the Rent, and is VAT payable on top?
Rent: £20,000 per annum. 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 building structure, common, shared and external areas.
Service charge budget: £205.00 per month
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 OMEETO or our joint Agents FHP. The Agents do not take any responsibility for any loss or injury caused whilst carrying out a site visit.