£24,000 pa

Retail premises to let

  1. Property photo 1 of 6.
  2. Property photo 2 of 6.
  3. Property photo 3 of 6.

£24,000 pa

(£9.59/sq. ft. pa)

Retail premises to let

Derby Road, Nottingham NG1

2,868 sq. ft

Available immediately

Local area information

Property location

Nearby amenities

  • St Joseph's School 0 miles
  • Unity Academy 0.5 miles
  • Nottingham 0.7 miles
  • Beeston 3.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Nottingham to find out more about the local area.

Features and description

  • Unfurnished
  • Established location with frontage onto Derby Road
  • Close to Nottingham's retail core
  • Nearby occupiers include Tough Mary's Bakehouse, Soul Hairdressing
  • And Comfort Lettings
  • High volume of daily footfall
  • Available immediately
Location

The premises occupy a prominent location on the corner of Derby Road and Upper College Street. Derby. Derby Road is the principle connecting route for the neighbouring student residential area of Lenton and professional quarter of The Ropewalk which leads into the city centre beyond.

Derby Road is home to a combination of independent retail and leisure operators, along with serviced based occupiers.

Derby Road and the immediate surrounding areas are seeing extensive development with further student residential accommodation currently under construction and in the pipeline.

Notable nearby occupiers include Tough Mary's Bakehouse, The Hand in Heart, Sole Hairdressing and Comfort Lettings.
Description

The premises comprise an open plan ground floor retail area with ancillary accommodation behind.

At the time of preparing these particulars the property is currently being stripped out by the former tenant and will provide the following specification:

• Electric roller shutter door
• Intruder alarm
• Double door frontage onto Derby Road
• Painted and plastered walls
• Level floor ready for installation of floor coverings
• WC, kitchen and storage to the rear
Accommodation

From measurements taken on site the property has the following approximate Net Internal Area in accordance with the RICS Code of Measuring Practice, 6th Edition:

Retail / Sales: 168.9 sq m / 1,818 sq ft
Ancillary: 97.6 sq m / 1,050 sq ft
Total: 266.5 sq m / 2,868 sq ft
Terms of disposal

The premises are available by way of a new internal repairing and insuring lease for a term of years to be agreed.
Quoting rent

The premises are available at a rental of:

£24,000 per annum
Business rates

From enquiries made of the voa website we understand that the property is currently assessed as follows:

Local Authority: Nottingham City Council
Description: Shop & Premises
Rateable Value: £39,500

Please note that from 1st April 2023 the proposed Rateable Value is £37,500.
Planning

From enquiries made of Nottingham City Council we understand that the property currently has the benefit of planning consent for use under Class E.

Interested parties are advised to make their own enquiries of Nottingham City Council in respect of their proposed use.
Services

We understand that mains water and electricity are available and connected to the premises.
VAT

All rents are quoted exclusive of VAT, if applicable.
Energy performance certificate

The property has an Energy Performance Asset Rating of C.
Legal costs

Each party will be responsible for their own legal costs involved in this transaction.

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Geo Hallam and Sons. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Geo Hallam and Sons for full details and further information.

  1. Zoopla
  2. Commercial to let
  3. Nottingham
  4. Nottingham City Centre
  5. Derby Road

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.