Where is the Shop located?
Shop to let in Derby Cathedral Quarter, with frontage onto the pedestrianised Iron Gate; one of Derby's prime retail and leisure destinations. Near Slug & Lettuce (Stonegate), Pizza Express, Nando's, The Standing Order (Weatherspoon's), Bear Coffee and a number of high quality niche / independent retailers.
The opportunity is just 0.1 miles north of the Becketwell regeneration area; home to Derby's first purpose built PRS scheme "The Condor" a 269 unit development & the new Becketwell Performance Venue; a 3,500 seat arena.
Close to Derby's refurbished Market Hall, a new city centre market hub with a vibrant food and beverage offering.
Derby bus station is 0.3 miles to the east and ParkSafe Car Park is 0.2 miles to the north.
What does the Shop comprise?
Prominent retail unit in Derby's Cathedral Quarter. Predominantly open sales area, with an office & WC to the rear. Benefits from a display frontage onto Iron Gate. 2,265 sq ft upper floor offices also available, please contact the agent for further information.
Externally, there is a small shared courtyard to the rear of the property.
How has the Shop been measured?
The accommodation has been measured on a Net Internal Area basis (NIA), in accordance with the RICS Code of Measuring Practice. Areas have been taken from the VOA and should be confirmed.
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. The property is Grade II Listed. List Entry: 1228261.
Are there Utilities?
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 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: £8,600
How is the property offered?
Leasehold
Retail to let 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: £10,000 per annum. All figures are quoted exclusive of VAT, we are advised the property is registered for VAT.
Is Service Charge Payable?
Is payable for the running, maintenance and up keep of the building structure, common, shared and external areas.
Service charge budget: £287.50 per month
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.