Where is the Modern retail unit located?
The shop to let is located on Osnabruck Square, immediately adjacent the entrance to Derby Market Hall. Derby Market Hall is undergoing a major programme of repair and refurbishment works and is set to re open in 2024. The rejuvenated Market Hall will become a vibrant retail and leisure destination at the heart of the city centre inking Derbion and St Peter's Quarter to the Cathedral Quarter and Becketwell, increasing the diversity of the city centre economy.
Osnabruck Square is faces the Exchange/ Albion Street with nearby occupiers to include Primark, Tesco Express, Greggs and Lee Longlands. The Council House, Derbion Shopping Centre and Derby Bus Station are all located within 0.1 miles.
Well-appointed regular shaped shop with large display windows, suspended ceiling and mix of LED and Spot Lighting. To the first floor there is an open plan storage area with office, WC's and kitchenette.
Externally to the rear is a loading area accessed from Albert Street.
How has the accommodation been measured?
The accommodation has been measured on a Net Internal Area basis (NIA), in accordance with the RICS Code of Measuring Practice.
The shop to let occupies a high street location and is imminently suitable for a broad range of uses. The most recent amendment to The Town and Country Planning (Use Classes) (Amendment) (England) Order 2015, has now classed A1 (retail), A2 (Financial and Professional), A3 (Cafe) as Class E (Commercial and Business Services).
All mains services with the exception of gas are connected to the property.
What is the Ratable 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.
How is the accommodation offered?
Shop to let by way of a new lease for a term of years to be agreed.
Rent: £15,000 per annum. Please check the VAT status.
All figures are quoted exclusive of VAT, we are advised the property is registered for VAT which is applicable at the prevailing rate.
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.