Key Information
- 431 sq ft (40.03 sq m)
- Corner position with return frontage
- Short walk to Derbion shopping centre and Derby Train Station
- Situated in the heart of the Castleward residential development
- Rental £9,000 per annum exclusive of service charge, business rates (if applicable) and VAT
Small retail unit of 431 sq ft (40.03 sq m) in a prominent corner position with good return frontage. The premises has recessed spot lights and disabled access w.c.
Location
Castleward is an urban village regeneration development which is transforming 30 acres of land, linking the city centre with Derby rail station and will eventually provide around 700 homes, alongside commercial retail premises. 400 homes in a mix of apartments and houses are already occupied with another 167 homes coming to market in the next phase. The nearby inner ring road provides excellent connectivity to the A38/A50/A52 network, providing excellent access to the M1 Motorway J24/J25.
VAT
All figures quoted are exclusive of VAT. The property is registered for VAT which will be charged at the prevailing rate.
Service Charge
There will be a service charge provision for external repairs
Rates
The property is currently listed as Shop & Premises and has a rateable value of £8,000. Subject to status the tenant might qualify for 100% rates relief. Source: VOA
EPC
The premises have an EPC assessment of: C (53) and is valid until 26th July 2028
Legal Costs
Each party is to bear their own legal costs incurred with this transaction.
Accommodation
Measurements are quoted on a Net Internal basis in accordance with the RICS Property Measurement First Edition.
Planning
The premises have Class E (Commerce, Business & Service) consent under the Use Classes Order 1987 (as amended). Prospective occupiers should make their own enquiries direct with the Planning Department on 01332 640795.
Viewing
Viewings are by appointment with sole agents Innes England