Where is the Shop located?
The shop is in Derby City Centre's Cathedral Quarter on the Wardwick. The Wardwick is generally regarded as Derby's prime leisure destination but this is mixed with a range of professional and cultural uses. Derby's Museum and Art Gallery are located opposite, other nearby occupants include Revolution de Cuba, Turtle Bay and a number of independent bars and cafes.
The immediate area has recently benefited from significant investment with a number of developers converting approximately 10,000 sq ft of upper floor accommodation to student led residential living. The property is located 0.1 miles North-West 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 0.5 miles to the east, with a mainline bus stop directly outside the unit, and ParkSafe Car Park is 0.1 miles to the north.
Description
City centre shop with extensive storage. The shop provides a regular shaped trading area, to the rear of which is a kitchen and WC. The lower ground floor has recently been dry lined and provides two storage rooms.
The premises benefits from a restored shop front incorporating timber joinery and single glazing. This work was done under a Conservation Area grant and the works have considerably improved the aesthetics of the parade.
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 |
623 - 1,046 |
57.88 - 0 |
Basement storage |
422 - 1,046 |
39.2 - 0 |
Total | 0 | 0 |
Planning
We believe the property has been used under Classes E (Commercial, Business and Service) of the Town and Country Planning (Use Classes) Order 1987 (as amended). All parties should confirm the planning position with the relevant Local Authority.
Services
We are advised that all mains services with the exception of gas are connected to the property.
What is the Ratable Value?
The property is currently listed as an shop and premises on VOA.gov.uk.
Please check the valuation office website for any rates incentives. Subject to status you may qualify for 100% rates relief.
Rateable Value: £5,300
How is the accommodation offered?
Leasehold
Shop to let by way of a new, full repairing and insuring, lease for a term of years to be agreed.
Price
Rent: £13,000 per annum. 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(81)
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 our commercial property agents.
OMEETO do not take any responsibility for any loss or injury caused whilst carrying out a site visit.