Office for sale

Pride Point Drive, Derby, Derbyshire, DE24

Guide Price 1,922 sq. ft. | £300,000

Property Description

Commercial information

  • 1,922 sq ft (178 sq m)

Full description

Tenure: Freehold

LOCATION
10 Pride Point is located off Pride Park Way within Pride Park, one of the UK's most successful Mixed Use Business Parks.

Pride Point benefits from excellent road communications with ease of access to the A52, providing a direct link to Junction 25 of the M1 Motorway. In addition, the A38, A5 and A50 the M1/M6 link road are within a ten minute drive.

There is also ease of access to Derby Midland Railway Station with hourly services to London St. Pancreas, whilst East Midlands International Airport is approximately fifteen minutes travel time to the south-east.

Pride Park is home to a number of major Companies including Derby County Football Club, David Lloyd Leisure, Egg Banking, and Rolls Royce together with Car Show Rooms and Office occupiers.

DESCRIPTION
The Offices are two-storey, and were completed to an excellent specification in 2006. There is a Reception Hall with a Disabled WC off and access to the ground floor Offices, being divided by demountable stud partitioning, providing a Training Room and open-plan Office.

To the first floor, further WC facility and Offices, which have been divided by demountable stud partitioning. There are eight parking spaces situated to the front and rear of the building.

ACCOMMODATION
The specific accommodation arrangements are as follows

GROUND FLOOR
Offices - 974 sq. ft. - 90.5 sqm.

FIRST FLOOR
Offices - 948 sq. ft. - 88.1 sqm.

TOTAL NIA - 1,922 sq. ft. - 178.6 sqm.

BUSINESS RATES
We understand from the VOA Website that the premises are assessed for non-domestic rating purposes, with a rateable value (RV) as follows

Office and Premises - 2016 RV - Estimated 2017 RV
Ground Floor - 15,000 - 15,000
First Floor - 12,750 - 12,750

TENANCY
The ground floor of premises is currently let to the Transport Salaried Staff Association, by way of 5 year internal repairing lease, with effect from 1st April 2015, at the initial rent of 12,000 per annum and the lease is contracted outside of sections 24-28 of the Landlord and Tenant Act 1954, relating to security of tenure. There is a fixed uplift in the rent to 14,000 and tenant only break option on 1st April 2018. The rent is inclusive of buildings insurance and external maintenance and repairs.

PRICE
The property is for sale freehold, subject to existing tenancy, at a guide price of 300,000 (three hundred thousand pounds).

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

VALUE ADDED TAX
We understand that the property is elected for VAT.

ENERGY PERFORMANCE CERTIFICATE
EPC Rating - 82
EPC Band - D
A copy of the certificate is available on request.

VIEWINGS
Strictly by prior appointment through the Sole Agents;
Gadsby Nichols
21 Iron Gate, Derby, DE1 3GP
Tel: 01332 290390
Fax: 01332 340726
Email: commercial@gadsbynichols.co.uk

SUBJECT TO CONTRACT


More information from this agent

Nearest stations

  • Derby (0.6 mi)
  • Peartree (1.2 mi)
  • Spondon (1.7 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 (0.6 mi)
  • Peartree (1.2 mi)
  • Spondon (1.7 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 10PRDPNT. 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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