Key Information
- Sales area 1,761 sq ft
- Within busy district shopping mall
- Excellent free on-site parking
- Occupiers include Co-op Food Store, Wilkinsons, Boots, Farmfoods, Dominos and Papa Johns
- Rental £19,300 per annum exclusive of service charge, business rates and VAT. The rental is payable quarterly in advance.
The property is a self-contained ground floor retail unit with a double glazed aluminium framed shop frontage located within the centre of the scheme. There is also access for deliveries to the rear.
Location
The Park Farm Shopping Centre provides the principle retailing destination for Allestree, a large residential suburb approximately 1 mile north of the city Centre. Allestree benefits from an affluent catchment with the resident population in excess of 60,000 within a 10 minute drive time and is located close to the main University of Derby campus. Park Farm totals approximately 165,000 sq ft of retail space with anchor tenants such as Wilkinsons, Coop Food Store, Boots, Farmfoods, Dominos and Papa Johns, along with regional and independent retailers within 4 stores and 48 shops. Free customer parking onsite for approximately 400 cars and a centre manager on site.
VAT
All figures quoted are exclusive of VAT. The property is registered for VAT which will be charged at the prevailing rate.
Service Charge
A service charge for the upkeep of the common areas and estate will be levied. Full details of costs available on request.
Rates
The property is currently listed as Shop and Premises and has a rateable value of £22,750. From 1st April 2023, the rateable value will be £24,250 Source: VOA
EPC
The premises have an EPC assessment of: E (120)
Legal Costs
Each party is to bear their own legal costs incurred.
Accommodation
Measurements are quoted on a Net Internal basis in accordance with the RICS Property Measurement Second Edition.
Planning
The premises have Class A1 Retail consent under the Use Classes Order 1987.