Commercial Property for sale

Wardwick, Derby, Derbyshire, DE1

3,341 sq. ft. | £850,000

Property Description

Commercial information

  • 3,341 sq ft (310 sq m)

Full description

Tenure: Freehold

LOCATION
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.

DESCRIPTION
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.

ACCOMMODATION
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

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

LEASE TERMS
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.

PRICE
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

LEGAL COSTS
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.

VIEWING
By prior arrangement with the sole agent;
Gadsby Nichols
21 Iron Gate, Derby, DE1 3GP
Tel: 01332 290390
Mob: 07501 525352
Email: mikewalmisley@gadsbynichols.co.uk

SUBJECT TO CONTRACT


Nearest stations

  • Derby (0.8 mi)
  • Peartree (1.7 mi)
  • Spondon (3.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Gadsby Nichols, Derby - Commercial

6 Victoria Street, Derby, DE1 1ES

01332 448102 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Derby (0.8 mi)
  • Peartree (1.7 mi)
  • Spondon (3.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Gadsby Nichols, Derby - Commercial

6 Victoria Street, Derby, DE1 1ES

01332 448102 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 27WRDWCK. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Gadsby Nichols, Derby - Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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