Where is the Industrial Unit located?
Chequers Lane is a purpose-built industrial estate approximately 1 mile east of Derby City Centre. The property is accessed from Nottingham Road and lies approximately 0.3miles from Pentagon Island.
Pentagon Island connects with Derby's ring-road network and provides access to the A52 and A38, leading to Junctions 25 and 28 of the M1 respectively.
Raynesway (A5111) and the Alvaston Bypass (A6) provide access towards the A50, Junction 24 of the M1 at Kegworth and Junction 15 of the M6 at Stoke-on-Trent.
What does the Industrial Unit comprise?
DRAFT DETAILS Refurbished detached industrial unit with an open-plan workshop/showroom, offices and meeting rooms. Electric roller shutter (3.97m H x 5m W) access, secure gated forecourt and parking for approximately 11 vehicles.
The ground floor comprises the principal workshop/showroom, reception entrance, meeting rooms, private offices, and WC facilities. The first floor provides further office accommodation, a kitchen and WC facilities. A 765 sq ft mezzanine provides additional storage.
The ground floor was refurbished in 2022 to a high specification including vinyl flooring, suspended ceilings, LED lighting, CCTV and bi-fold doors.
How has the Industrial Unit been measured?
The accommodation has been measured on a Gross Internal Area basis (GIA) in accordance with the RICS Code of Measuring practice.
| Floor |
Sq Ft |
Sq M |
| Ground Floor |
5,632 |
523.21 |
| First Floor |
660 |
61.31 |
| Mezzanine |
765 |
71.07 |
| Total | 7,057 | 656 |
What has the property been used for?
We believe the property has been used under Class E (Commercial, Business & Service) and B8 (Storage or Distribution) of the Town and Country Planning Use Class Order 2020 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 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 warehouse and premises on VOA.gov.uk.
Rateable Value: £35,250
Estimated Rates Payable: £15,228
How is the property offered?
Leasehold
The property is available by way of an assignment of the existing lease, which expires on 26 January 2032. The lease is subject to an open-market rent review of 27 January 2027.
Alternatively, the landlord may consider a surrender and the grant of a new lease, subject to agreement. Interested parties are invited to discuss their specific leasing requirements.
Where superior Landlord's consent is required, a 50% contribution to superior Landlord costs is required.
How much is the Rent, and is VAT payable on top?
Rent: £53,500 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.
What is the EPC rating?
What are the viewing arrangements?
Please contact us or visit www.omeeto.co.uk for full details. 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.