Key Information
- Ground floor unit of 4,303 sq ft (399 sq m)
- Former gym premises within busy shopping centre
- Excellent free on-site parking
- Occupiers include Co-op Food Store, Boots, Farmfoods, Dominos Pizza and Papa Johns.
- £35,000 per annum exclusive of VAT and any other applicable charges.
The subject property comprises a large self-contained two-storey former gym premises located within Park Farm Shopping Centre. The available space comprises a basement which occupies male and female changing room facilities and w.c. alongside multiple rooms which previously hosted two saunas and rooms for physiotherapy. The ground floor occupies a large open plan gym floor with reception area and w.c. The premises benefits from direct access from Birchover Way and is located directly adjacent to the shopping centre car park. There is free customer parking for approximately 400 cars and a centre manager on site.
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 Co-op Food Store, Boots, Birds Bakery and Farmfoods, along with Barclays and Royal Bank of Scotland. The centre benefits from a wide range of retailers in 4 stores and 48 shops. There is free customer parking 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
There is a service charge to cover the cost of the landlord's services. The current service charge is £7,313 + VAT and is reviewed annually.
Rates
The property is currently listed as a Health Club and Premises and has a rateable value of £22,500 for the whole building and would therefore need to be reassessed upon occupation.
Services
We understand all mains services are connected to the property.
EPC
The premises have an EPC assessment of: B (26).
Legal Costs
Each party is to bear their own legal costs incurred.
Accommodation
Measurements are quoted on a gross internal basis in accordance with the RICS Property Measurement Second Edition.
Planning
The premises have Class E (Business, Commerce and Services) under the use classes order 1987 (as amended). Interested parties are advised to clarify their use direct with the planning department on 01332 640795.
Viewing
Viewings are by appointment with Innes England or our joint agent: Guy Sankey at Creative Retail 07415 408196.