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Commercial Property for sale

Wardwick, Derby, Derbyshire, DE1

3,341 sq. ft.

Property Description

Commercial information

  • 3,341 sq ft (310 sq m)

Full description

Tenure: Freehold

The property is situated on the Wardwick, within the Cathedral Quarter of Derby City Centre. The Wardwick forms part of the city's main food and leisure circuit, with a number of independent and multiple occupiers in the near vicinity, including Revolucion de Cuba, Turtle Bay and Revolution.

The premises forms part of an attractive Georgian property, having recently benefitted from a 400,000 refurbishment to provide the current accommodation of a substantial, very well appointed bar premises and four bedsits. Externally, there is a superbly appointed bar under a canopy with radiant heating. There is one car parking space accessed off Beckett Street.

The specific accommodation arrangements are as follows;

Bar Premises - 2,581sq.ft / 210.1sq.m
Outdoor Bar - 760sq.ft / 70.6sq.m
Bedsits - Not Measured

We understand mains electricity, water and drainage are connected to the property.

A new 25-year lease of the entire premises, incorporating a five yearly, upwards only rent review pattern, at an initial rent of 70,000 per annum exclusive. Further details available to interested parties.

Offers are invited of 850,000 (eight hundred and fifty thousand pounds).

From enquiries of the VOA website, we understand that property is held as Wine Bar and Premises with an RV of 14,750

Each party is to be responsible for their own costs in connection with this transaction.

We are advised VAT is not applicable.

EPC Rating - 97
EPC Band - D
A copy of the certificate is available on request.

By prior arrangement with the sole agent;
Gadsby Nichols
21 Iron Gate, Derby, DE1 3GP
Tel: 01332 290390
Mob: 07501 525352


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