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24/26 East Street, Derby - Picture 1
Let

24/26 East Street 24/26 East Street, Derby, DE1 2AF

Use Class

Use Class

E(c)

Rent pa

Rent pa

£93,500

Market Sector

Market Sector

High Street Scheme

Description

The property is arranged over ground floor and first floor.

Planning application has been submitted to redevelop the upper parts to provide 48 residential apartments.

Location

Derby is a major commercial centre within the East Midlands and is situated approximately 17 miles west of Nottingham and 33 miles north of Leicester with a residential population of approximately 220,000 people.

The subject property occupies a prime location on East Street opposite one of the main entrances of Intu Derby. Nearby retailers include Nationwide, Costa, Lloyds Bank and O2.

Accommodation

The property has the following net internal floor areas.

Areas
Sq.Ft
Sq.M
Ground Floor
2,980
276.84
First Floor
2,180
202.52

Financial

Rent

Subject to contract, rental offers are invited in the region of £93500 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

Interested parties are advised to make their own enquiries to the Local Authority.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Service Charge

The current service charge payable is £15,027.09 per annum.

Tenure

Leasehold - The premises are available by way of a new full repairing and insuring lease for a term to be agreed and at a rental of £93,500 per annum.We confirm that all figures quoted are exclusive of VAT.

Rates

Rateable Year:
2016
Rateable Value:
£112,000.00
Rates payable:
£55,664.00
UBR:
49.7p/£

Disclaimer

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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