LOCATION

The property sits in a prominent corner position on the pedestrianised Exchange Street in the heart of Derby City Centre and is in close proximity to Intu Derby Shopping Centre. Adjacent retailers include Britannia Café, Birds Bakers, Lee Longlands Furniture and across the road, Derby Market amongst others.

ACCOMMODATION

Ground Floor       936 sq ft    86.9 sq m

Upper floors consist of 7 residential flats.

RENT

£30,000 per annum exclusive

LEASE

The premises are available by way of a new lease with a term to be agreed

FREEHOLD

Freehold of the whole property is available subject to the ground floor being with vacant possession and various income-producing residential tenancies from the upper floors For year ending 21/06/17 gross income from the residential lettings totaled £32,392 and a net income of £27,815. Further information is available upon request. £750,000 is required for the benefit of the freehold interest.

RATES

Rateable Value     £24,250

The 2017 RV may be subject to Transitional Relief. Interested parties are advised to make their own enquiries with the Local Authority.

EPC

An EPC has been commissioned and is available upon request.