Property Description
Description
The premises comprise a ground floor lock up Class E premises with a display window either side of the central recessed entrance door.
Internally, the accommodation provides an open plan sales / office area with disabled access WC to the rear and staff/storage facilities beyond.
Accommodation
Measured on a Net Internal Area (NIA) basis in accordance with the RICS Code of Measuring Practice 6th Edition.
Net Frontage 21’1” ( 6.42 m)
Max Internal Width 20’2” ( 6.15 m)
Shop Depth 52’2” (15.90 m )
Ground Floor 1,466 sq ft (136 sq m)
Non - Domestic Rates
The online Rating List records that the premises have been assessed for rates as follows:
The current Rateable Value is £29,000.
This is not what you will pay.
Interested parties should make their own enquiries of derby City Council Rates Dept to verify that this is the current position.
Town Planning
The property is Grade II Listed and is situated in the City Centre Conservation area.
Terms
A new lease is offered drawn on full repairing and insuring terms and for a term to be agreed.
Rent
£30,000 per annum exclusive – WITHOUT PREMIUM
Value Added Tax (VAT)
All sums are quoted exclusive of VAT.
Legal costs
Each party will bear their own legal costs incurred in this transaction.
Specification and floor areas
- Use: Retail /Class E
- Net Internal Floor Area
| Measurement | imperial | metric |
|---|
| Ground Floor | 1,464 sq.ft | 136 sq.m |
| Gross Frontage | 19′8″ | 6 m |
| Internal Width | 19′8″ | 6 m |
| Shop Depth | 49′3″ | 15 m |
| Total Floor Area |
1,464 sq.ft |
136 sq.m |
Financials
To let: (subject to contract)
- Rent £30,000 pax.
- Minimum lease term 3 years.
- Offered to let by way of a new full repairing and insuring lease for a term of years to be agreed
- Rateable Value: £29,000.00
- Estimated Rates Payable (2026/7): £11,078.00
- (Calculated using the Small Business RHL Multiplier (38.2p). )
Agent's Disclaimer
Messrs. Raybould & Sons, for themselves and for the Vendors of this property whose Agents they are, give notice that: 1. These particulars do not constitute any part of, an offer or a Contract. 2. All statements contained in these particulars as to this property are made
without responsibility on the part of Messrs. Raybould & Sons, or the Vendor. 3. None of the statements contained in these particulars are to be relied on as statements or representations of fact. 3. Any intending Purchaser must satisfy himself by inspection or otherwise
as to the correctness of each of the statements contained in these particulars. 5. The Vendor does not make or give, and neither Messrs. Raybould & Sons, nor any person in their employment has any authority to make or give, any representation or warranty whatever in
relation to this property. 6. Dimension, distances and floor areas are approximate and given for guidance purposes only. Potential purchasers should satisfy themselves as to the validity of the guide figures given. 7. Information on tenure or vacancies is provided in good
faith and prospective purchasers should have the information verified by their solicitors prior to purchase. 8. Information on rating assessments, availability of services and Town and Country planning matters have been obtained by an oral enquiry to the appropriate
authorities. Messrs. Raybould & Sons do not warrant that there are no connection charges inherent in the availability of services to the unit.
Plans/drawings for this property:
Property Location
The premises are located in Cornmarket, a key pedestrianised pitch in the award winning Cathedral Quarter.
The Cathedral Quarter and immediate surroundings have been the subject of significant, recent, investment with a number of completed and ongoing development and redevelopment schemes.
The recently completed Condor building on nearby Victoria Street comprises 259 flats and a new public square, together with Derby’s newly constructed 3,500 capacity performance venue.
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