Property for sale
Property description & features
- The property is held on a long lease with 142 years left unexpired.
- 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
- 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
Internally, the property is configured to a good standard and comprises a trade counter serving area adjacent to the entrance, a main retail area of 'T' shaped orientation with adjacent ancillary storage accommodation, along with a service corridor, male/female toilets and a lower level storage room with ramped access to a pair of double doors leading to a small external loading area.
Located off Wiltshire Road via a shared access, there is a substantial forecourt with demarcated parking spaces for upwards of 14 vehicles.
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.
Accommodation
The accommodation has been measured on a net internal area basis in accordance with the RICS Code of Measuring Practice (6th Edition).
Total Net Internal Area: 2,469 sqft / 229.4 sqm
Planning
We understand the premises have the benefit of planning consent for use class E, however may be suitable for a variety of alternative uses subject to the necessary planning consents.
All planning information should be confirmed with the local authority.
Services
It is understood that all mains services are either connected to or available at the property.
Service Charge Comments
A service charge of £1,700 per annum exclusive is payable to the landlord by the existing tenant.
Rates
The property is currently listed on the valuation office website as having a rateable value of £23,750.
Legal Costs
Each party will be responsible for their own legal costs within this transaction.
VAT
It is our understanding that the property is registered for VAT, however it is anticipated the sale will be subject to TOGC (transfer of a going concern).
All figures quoted are exclusive of VAT.
Viewing
Strictly via appointment with sole agents BB&J Commercial.
Property information from this agent
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Property reference 7661. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by BB&J Commercial - Derby.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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