Shop Under Offer Ground Floor, 1 King Street, Belper

What is the Shop address?

1 King Street, Belper, Derbyshire, DE56 1PZ

Where is the Shop located?

Belper is a busy market town in the Amber Valley District of Derbyshire, located approximately 5 miles southwest of Ripley and 8.7 miles north of Derby.

The property occupies a prominent corner position in the town centre and has excellent access to a broad range high street amenities, parking and public transport. Excellent commuter links are close by; the A6 connects with Derby to the south and access to the A38 / A610 junction just 4.5 miles to the northeast.

What3Word location: feasted.fuss.overnight

Description

Former HSBC bank. Highly prominent town centre pitch at the King Street and Bridge Street junction. Impressive ground floor sales space with high ceilings and large arched windows. Predominantly open plan, largely refurbished with final fix required on WC and kitchen areas to the rear.

There is a full height basement that offers additional storage accommodation. Externally there is a small bin store to the rear with access onto King Street.

How has the accommodation been measured?

The accommodation has been measured on a Net Internal Area (NIA) in accordance with the RICS Code of Measuring practice.

Floor	Sq Ft	Sq M
Ground Floor	1,338	124.3
Basement	961	89.28
Total	2,299	214

Planning

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 subject to a range of professional uses STP. All parties should confirm the planning position with the relevant Local Authority.

Services

All mains services with the exception of gas are connected to the property. 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 to be reassessed for rating purposes. We would anticipate the rateable value to be in the region of £25,000.

The 2024/25 Retail, Hospitality and Leisure Business Rates Relief scheme may provide eligible, occupied, retail, hospitality and leisure properties with a 75%, off your business rates bills for the 2024 to 2025 billing year (1 April 2024 to 31 March 2025). This is up to a cash cap limit of £110,000 per business. For further details please see https://www.gov.uk/apply-for-business-rate-relief/retail-discount

How is the accommodation offered?

Leasehold

Unit to let by way of a new lease for a term of years to be agreed.

Price

Rent: £19,500 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.

EPC

E (106)

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 agents Innes England. We do not take any responsibility for any loss or injury caused whilst carrying out a site visit.

Anti-Money Laundering (AML)

Any offer accepted is subject to completing AML checks.

Note

Plans, maps and drawings are not to scale.

Particulars Updated

23-Aug-2024