Key Features
- Unit 1 let to Heanor Vets4Pets Limited
- Unit 2 let to Papa Johns (GB) Ltd
- Combined income of £39,000 per annum
- Rent rises to £44,474 per annum
- Newly built D1 and A5 units, in self contained site
- 12 Parking spaces
Full description
The opportunity comprises two new semi-detached roadside units of a traditional steel portal frame construction with cavity brick and block elevations beneath a pitched roof. Elevations incorporate powder coated aluminium framed double glazed doors and windows.
Vets4Pets have completed their own fit out of unit 1. Pappa Johns are nearing completion of their own fit out having recently taken possession.
The units are situated within a walled and gated site extending 0.17 acres and providing 12 parking spaces.
Location
Heanor is a town in the Amber Valley district of Derbyshire located 8 miles north-east of Derby.
The premises are situated on Church Road (the A608), a mixed-use main arterial route connecting with Heanor Town Centre just 0.2 miles to the west.
Planning
By way of a Planning Permission referenced AVA/2018/0349 the site benefits from consent for two retail units consisting of Veterinary Surgery (Class D1 & A1) and retail shop (Class A1). A new consent for A5 (Hot Food Takeaway), referenced AVA/2019/1234), has been granted in respect of unit 2.
Services
We understand all mains services are connected to each unit.
VAT
All figures are quoted exclusive of VAT, we are advised the property is registered for VAT which is applicable at the prevailing rate.
EPC
Unit 1 has an EPC assessment of: B (32) and unit 2 has an assessment of B(28).
Viewing
Viewing are to be arranged in advance by contacting OMEETO on 01332 840 320 or joint agent Innes England 01332 362244
Accommodation
Measurements are shown on a Gross Internal Area basis, taken from architect drawings.
Floor |
Sq Ft |
Sq M |
Unit 1 Vets4Pets |
1,507 |
140 |
Unit 2 Pappa John |
947 |
88 |
Business Rates
The units are still to be assessed for rating purposes.
Tenure
Freehold
Heanor Vets4Pets Limited occupy Unit 1 by way of a 15 year FRI lease that commenced 4th November 2019. The current passing rent is £25,000 p.a. There are 5 yearly rent reviews with up lifts to £27,602 in Y5 and £30,474 in Y10. There is tenant break Y10. The lease is guaranteed by Companion Care (Services) Limited.
Unit 2 is let to Ltd for a term of 15 years that commenced November 2020. The commencing rent is £14,000. There are 5 yearly rent reviews with and a tenant break Y10.
Anti-Money Laundering (AML)
Any offer accepted is subject to completing AML checks.
Particulars Updated
09 Feb 2021