Gadsby Nichols - Derby - Ref: 56006

A very well-presented Use Class E premises, providing retail/consulting room space at both ground and first floor level, extending to 885 sq. ft./32.2 sqm. or thereabouts Ground floor unit: To let at a rent of £9,500 pax plus a proportion of other charges or May sell - £200,000 FREEHOLD
Ground Floor Retail Space - 323 sq. ft. / 30 sqm. Sales/Storage- 168 sq. ft. / 15.6 sqm. First Floor Offices - 105 sq. ft. / 9.8 sqm. Retail Space - 226 sq. ft. / 21 sqm. Kitchen/WC - 65 sq. ft. / 6 sqm.
The property is situated on Bridge Street, close to the junction with Chapel Street, and directly facing King Street, within the Market Town of Belper, located within the heart of the Derwent Valley Mills UNESCO World Heritage Site. Nearby retailers include Iceland, Boots the Chemist, and a range of independent retailers, together with a number of estate agents. What 3 Words /// email.lyricist.lingering.
Leasehold / Freehold
The property has a rateable value, as a whole, including the first floor, of £9,700 effective from 1st April 2023, increasing to £10,750 from 1st April 2026. Subject to satisfying certain criteria, the property may benefit from Small Business Rates Relief. Any interested parties should make their own enquiries with Amber Valley Borough Council, the local authority.
PLANNING The property has existing and established use rights from A1 Retail, now falling within Use Class E Employment, of the Town and Country (Use Classes) Order 1987, (Amended) (England) Regulations 2020. The property falls within Belpers conservation area. TENURE The property is available to let as a whole, on a new full repairing and insuring (FR&I) lease, for a term to be negotiated, at a rent of £16,000 (sixteen thousand pounds) per annum exclusive (pax). Alternatively, our client may consider a sale of the freehold. VALUE ADDED TAX (VAT) VAT is not payable on the rent/purchase price.