78/79 Friar Gate, Derby

Two immediately adjoining and interconnecting offices, located within a popular and established trading location, within the Friar Gate Conservation Area. Planned over three floors, with basement, extending to 2,427 sq. ft. / 225.48 sqm. Previously used as offices, with five car parking spaces to the rear, accessed off Larges Street. Potential for alternative uses, subject to obtaining the necessary planning consents.
Number 78 GF - Front Office - 172 sq. ft. / 16 sqm GF - Rear Office - 170 sq. ft. / 15.8 sqm. FF - Office - 95 sq. ft. / 8.8 sqm. FF - Office - 96 sq. ft. / 8.9 sqm. FF - Office - 204 sq. ft. / 19 sqm. SF - Rear Office - 96 sq. ft. / 8.9 sqm. SF - Front Office - 168 sq. ft. / 15.6 sqm. Number 79 GF - Office - 167 sq. ft. / 15.5 sqm. GF - Waiting Room - 74 sq. ft. / 6.9 sqm. GF - Reception - 127 sq. ft. / 11.8 sqm. FF - Office - 97 sq. ft. / 9.1 sqm. FF - Office - 97 sq. ft. / 9 sqm. FF - Office - 164 sq. ft. / 15.3 sqm. SF - Office - 218 sq. ft. / 20.3 sqm. Basement - 480 sq. ft. / 44.7 sqm. TOTAL - 2,427 sq. ft. / 225.48 sqm.
Friar Gate is located to the west of Derby city centre, with the subject offices being located 0.5-miles from the centre, at the junction with Larges Street. The location is widely regarded as one of the most prestigious office areas within Derby, due to its proximity to the city centre, ease of access to the A38, and Markeaton Island, together with Derbys‘ inner ring road system.
Freehold
From online enquiries with the Valuation Office Agency (VOA) website, we understand that the properties are assessed as follows: - Number 78 - Offices & Premises Rateable Value £8,900 Number 79 - Offices & Premises Rateable Value £11,500
PRICE Guide Price of £345,000 (three hundred and forty-five thousand pounds) for the freehold interest, with vacant possession. VAUE ADDED TAX (VAT) We believe the property is not elected for VAT, and VAT will not be payable on the sale price.