Commercial Property for saleWardwick, Derby, Derbyshire, DE1
3,341 sq. ft.
- 3,341 sq ft (310 sq m)
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).
RATEABLE VALUE (RV)
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.
VALUE ADDED TAX
We are advised VAT is not applicable.
ENERGY PERFORMANCE CERTIFICATE
EPC Rating - 97
EPC Band - D
A copy of the certificate is available on request.
By prior arrangement with the sole agent;
21 Iron Gate, Derby, DE1 3GP
Tel: 01332 290390
Mob: 07501 525352
SUBJECT TO CONTRACT
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