Where is the Shop located?
The shop occupies a prime Derby city centre location on St James's Street, immediately adjacent to the emerging St James' Yard and close to the Becketwell regeneration area and Vaillant Live arena.
St James' Yard is being transformed by award-winning hospitality operator Bustler into a new independent food, drink, retail and leisure destination, designed to generate additional footfall and activity throughout the day and evening. The street is also home to Derby-based games developer Bulkhead at The Tramshed, reinforcing the area's growing creative and independent business community.
The wider area is an established retail, leisure and business destination, with nearby occupiers including Primark, Superdrug, Nando's, Turtle Bay, The Cosy Club and Cubo. Vaillant Live, Derby's new 3,500-capacity entertainment and events venue, is also nearby and forms a major part of the wider Becketwell regeneration.
Derby bus station is approximately 0.3 miles away and ParkSafe multi-storey car park approximately 0.2 miles away, providing convenient public transport and parking for staff and customers.
What does the Shop comprise?
Superbly refurbished city centre shop suitable for a variety of Class E uses including retail, café, beauty and professional services. Potential for 100% business rates relief, subject to status.
The property provides a well-presented ground floor sales area with three additional rooms/offices, a newly fitted kitchen and WC facilities on the lower ground floor.
Located close to the Becketwell regeneration area and Vaillant Live arena, the property offers an attractive opportunity for an independent business seeking high-quality premises in Derby city centre.
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.
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 Classes) Order 1987 (as amended) 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?
All mains services 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 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 100% rates relief.
Rateable Value: £7,700
How is the property offered?
Leasehold
Retail Shop to rent Derby 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: £1,000 per month. All figures are quoted exclusive of VAT, we are advised the property is registered for VAT which is applicable at the prevailing rate.
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 our commercial property agents. OMEETO do not take any responsibility for any loss or injury caused whilst carrying out a site visit.