Key Information
- Ground floor retail unit
- 1,344 sq ft (124.9 sq m)
- Within busy district shopping mall
- Excellent free on-site parking
- Suitable for a variety of uses
- £23,000 per annum exclusive of service charge, business rates and VAT and is payable quarterly in advance.
The premises contains a self-contained ground floor retail/restaurant unit with a recently fitted conservatory with ancillary storage, kitchen and w.c. to the rear.
Location
The Park Farm Shopping Centre provides the principle retailing destination for Allestree, a large residential suburb approximately 1 mile north of the city Centre. Allestree benefits from an affluent catchment with the resident population in excess of 60,000 within a 10-minute drive time and is located close to the main University of Derby campus. Park Farm totals approximately 165,000 sq ft of retail space with anchor tenants such as Wilkinsons, Coop Food Store, Boots and Farmfoods, along with Barclays and Royal Bank of Scotland. The centre benefits from a wide range of retailers in 4 stores and 48 shops, Free customer parking onsite for approximately 400 cars and a centre manager on site.
VAT
All figures quoted are exclusive of VAT. The property is registered for VAT which will be charged at the prevailing rate.
Service Charge
There is a service charge levied to cover the cost of the landlords services. Full details of costs and what this covers is available on request.
Rates
The property is currently listed as a Shop and Premises and has a rateable value of £19,250. From 1st April 2023, the rateable value will be £20,750. Source: VOA
Services
We understand all mains services are connected to the property.
EPC
A new EPC has been requested.
Viewing
Viewings are by appointment with sole agents Innes England
Legal Costs
Each party is to bear their own legal costs incurred for this transaction.
Accommodation
Measurements are quoted on a Net Internal basis in accordance with the RICS Property Measurement First Edition.
Planning
The premises have Class E (Business, Commerce and Services) under the use classes order 1987 (as amended). Interested parties are advised to clarify their use direct with the planning department on 01332 640795.