Gadsby Nichols - Derby - Ref: 55999

Detached Industrial premises, with ancillary Offices. Extending to 6,332 sq. ft. / 588.3 sqm. Self-contained site. Suitable for existing use, or refurbishment/redevelopment. Available freehold or leasehold.
Open-fronted Store (7.1m x 4.9m) - 374 sq. ft./34.8 sqm GF Office One (2.8m x 3.5m) - 108 sq. ft./10.1 sqm FF Office Two (2.9m x 7.4m) - 231 sq. ft./21.5 sqm Landing Office Three (2.6m x 6.2m) - 173 sq. ft./16.1 sqm Workshop 34.2m x 7.57m - 2,786 sq. ft./259 sqm 4.8m x 9.5m - 491 sq. ft./45.6 sqm 14.87m x 18.6m, less 3m x 7m - 2,543 sq. ft./236.3 sqm TOTAL GIA Offices - 512 sq. ft./47.6 sqm Workshop - 5,820 sq. ft./541 sqm Outside Store - 374 sq. ft./34.8 sqm
The premises are located on the corner of Heanor Gate Road, Slack Lane and Thorpes Road, Heanor. Heanor Gate Industrial Estate is a popular trading location, with a number of commercial, industrial, and office properties. Lying just southwest of Heanor town centre, and approximately 8-miles northeast of the city of Derby, and circa. 9-miles southwest of the city of Nottingham. The A610, the M1/A38 link road, is within 2.5-miles travelling distance, providing commuting access to the M1 at junction-26, some 7-miles distant.
Freehold / Leasehold
The premises fall within Use Classes E & B8 as defined by the Town & Country Planning (Use Classes) Order 1987, (Amended) (England) Regulations 2020. The premises are assessed for non-domestic rating purposes, with the description Workshop and Premises‘, and a rateable value of £23,750 with effect from 1st April 2023. However, we understand that this will change to £28,000 with effect from 1st April 2026.
TERMS The premises are available freehold, with vacant possession provided upon completion. Alternatively, the premises are available by way of a brand new full repairing and insuring lease, for a term to be negotiated. PRICE The premises are available freehold at an asking price of £350,000 (three hundred and fifty thousand pounds). The premises are available leasehold at an asking rent of £31,000 (thirty-one thousand pounds) per annum exclusive (pax). VALUE ADDED TAX (VAT) We are waiting for clarification of the VAT element in respect of the rent and purchase price.