Class E Now Let Suite 1 Green Lane House, Green Lane, Derby, Derbyshire

The building occupies a prominent corner position on the periphery of Derby City Centre, with frontages onto both Green Lane (from which the suite is accessed) and St Peters Church Yard.

The property is located within the St Peters Quarter which is a designated Business Improvement District (BID). The St Peters Quarter BID vision is to develop the area as a destination by providing an alternative and complementary shopping, leisure and commercial area to intu and the Cathedral Quarter.

Self-contained unit with parking. Well appointed, regular shaped shop floor; off which is a kitchen, office, storage and WCs. Externally there is a small enclosed yard and single parking space.

The suite forms part of the former Methodist Chapel which has recently benefited from significant investment to repair and restore the exterior with grant assistance from the Councils Townscape Heritage Initiative (THI). Internally the property requires refurbishment and fit out. Subject to covenant and terms the landlord may consider contributing to this by way of a rent incentive.

The accommodation has been measured on a Gross Internal Area (GIA) basis from architect plans.

We believe the property has A1 (retail) use but is suitable for a broad range of town centre uses such as a cafe, restaurant or office STP. As of September 2020 a new use "Class E" has been introduced which amalgamates previous use classes (A1) Shops, (A2) financial/professional services, (A3) cafés/restaurants, (D1 part) medical health facilities, creche and nurseries (D2 part) indoor sports/fitness, and (B1) office/business/light industrial uses. All planning information should be confirmed and further enquiries directed to the planning team at Derby City Council.

All mains services with the exception of gas are connected to the property.

The property is to be separately assessed for rating purposes.

Leasehold

The shop is to let by way of a new lease for a term of years to be agreed.

Rent: £18,000 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.