Property Description
* Available to purchase at £350,000 * Currently leased to Age UK with an active IRI lease of 9 years commencing 25th March 2021, the property also lies adjacent to national retailers Heron Foods providing a high level of passing traffic and footfall. * Extending to approximately 2,468 sqft / 229.4 sqm (NIA) * The property is available to purchase at £350,000 subject to the existing tenancy.
Current occupiers 'Age UK Derby & Derbyshire' committed to a new 9 year internal repairing and insuring lease (disregarding the basement) from the 25th March 2021. The lease includes a rent review and break clause on the 3rd & 6th anniversaries with the passing rent to increase to £27,500 per annum from the 25th March 2024, with the tenant choosing not to exercise their first break option.
Specification and floor areas
| Measurement | imperial | metric |
|---|
| Ground Floor | 2,469 sq.ft | 229 sq.m |
| Total Floor Area |
2,469 sq.ft |
229 sq.m |
Financials
For sale: (subject to contract)
- Price £350,000 equating to £142 psf
Agent's Disclaimer
BB&J Commercial can confirm the following: 1 These marketing particulars are prepared for guidance purposes only and do not constitute part of an offer or a contract whatsoever or a statement of representation upon which any reliance can be placed. 2 All measurements, areas and distances are approximate and all descriptions, condition, permissions for use and occupation should not be relied on and any interested party should must statisfy themselves on these matters by inspection, independant advice or otherwise. 3 Neither BB&J Commerical or any of its employees or agents has any authority to make or give representation or warranty whatsoever in relation to the property. 4 BB&J Commercial have not tested any apparatus, equipment, chattel, services etc and therefore can give no warranty as to their availablility condtion or service ability. 5 All prices rents service charges etc are quoted exclusive of VAT unless stated otherwise.
There are no plans available to view for this property. Contact the agent for further information.
Property Location
Chaddesden is a popular suburb of Derby situated on the eastern edge of Derby city centre with an estimated population of just under 15,000 residents. The area is well connected with the A52 (Brian Clough Way) situated close by which provides direct access between Derby and Nottingham.
The subject property is located on Wiltshire Road within a busy local centre, home to both independent and more recognisable brands such as Heron Foods, Nisa and Wilsons Pharmacy.
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