Gadsby Nichols - Derby - Ref: 47685.3

Property Information

Ref ID: 47685.3

Date available: 30-Apr-2024

Furnishing: Unfurnished

Property type: Mixed Use

 

Details

Superbly appointed and recently refurbished, first and second floor offices/studio within the St. Peters Quarter district of the City of Derby. Prominent location fronting Victoria Street, with return-frontage to Green Lane. Separate front door access from Victoria Street. 1,170 sq. ft. / 108.7 sqm.
The specific accommodation arrangements are as follows: First Floor 475 sq. ft. 44.1 sqm. Second Floor 695 sq. ft. 64.5 sqm.
The property is situated in a prominent position on Victoria Street with a return-frontage to Green Lane, within the St. Peters Quarter district of Derby city centre. The property is in a central location, close to The Strand and The Wardwick, together with the pedestrianised retail areas of Cornmarket and St. Peters Street. The Derbion shopping centre is within a five-minute walk.
Leasehold
We understand from our enquiries of the VOA website, that the property is assessed, for non-domestic rating purposes as follows:- DescriptionRateable Value Shop and Premises£5,900 Please note, the rateable value will be £4,300 from 1st April 2023. Subject to satisfying certain criteria, the premises may benefit from Small Business Rates Relief.
The premises are available by way of a new fully repairing and insuring (FR&I) lease, for a term to be negotiated, at an initial rent of £8,000 (eight thousand pounds) per annum exclusive (pax). The ingoing tenant‘s will be responsible for the landlord‘s fair and reasonable legal costs, in connection with this transaction.