Key Information
- 743 sq ft (69.02 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 £12,000 per annum exclusive of VAT, service charge and business rates (if applicable)
Retail unit of 743 sq ft (69.02 sq m) full height glazed frontage. The premises has a suspended ceiling with inset spot lighting. There is a kitchen area 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 on the rental
Service Charge
The tenant is responsible for a nominal service charge to cover the cost of 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 £9,600. Subject to status the tenant might qualify for 100% rates relief. Source: VOA
EPC
The premises have an EPC assessment of: B (40) and is valid until 14 August 2028
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 fall under Use Class E (Business, Commerce and Services) of the Use Classed Order 1987 (as amended0
Viewing
Viewings are by appointment with sole agents Innes England