Key Information
- 431 sq ft (40.03 sq m)
- Suitable for a variety of uses
- 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 a mix of spot and pendant lighting, good quality laminate flooring and has a small partitioned office, kitchen and w.c. to the rear.
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 800 homes, alongside commercial retail premises. 300 homes in a mix of apartments and houses have already been completed with another 112 coming on line. Additional development will also provide up to 258 homes along Liversage Street. The nearby inner ring road provides excellent connectivity to the A38/A50/A52 network, providing excellent access to the M1 Motorway J24/J25.
VAT
VAT will be applicable.
Service Charge
The tenant is responsible for a service charge to cover upkeep of common areas and external repairs. Full details on request.
Rates
The property is currently listed as Shop and Premises and has a rateable value of £6,800. Subject to status the tenant might qualify for 100% rates relief. Source: VOA
EPC
The premises have an EPC assessment of: C (55) and is valid until 14 August 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 has Class E (Business, Commerce and Services) consent under the Use Classes Order 1987 (as amended). Interested parties should clarify their use direct with the local planning department on 01332 640795.
Viewing
Viewings are by appointment with sole agents Innes England