Retail Property (high street) for sale36 Sadler Gate,Derby,DE1 3NR
2,188 sq. ft.
- 2,188 sq ft (203 sq m)
To be Sold by Public Auction on Thursday 20th October 2016 at 2.30pm (unless sold prior or withdrawn)
36 Sadler Gate
Freehold retail investment in Derby City Centre
Guide Price: £225,000 - £250,000
Freehold, subject to existing leases
Grade II Listed mid terraced property with A3 (Restaurant) consent.
Currently fitted out as a bar/restaurant over three floors, benefitting from a sufficient basement.
Let to Annie's Bar & Grill on a 10 year FRI lease from 16 September 2015.
Passing rent is £20,000 pax rising to £25,000 pax from 12 June 2017.
The property provides the following approximate floor areas:
Description m² ft²
Ground Floor 77.3 832
First Floor 77.7 837
Second Floor 48.2 519
Total 203.2 2,188
The above floor areas have been provided by our Joint Agent, FHP Property Consultants and should be used for guidance purposes only. Prospective purchasers are advised to undertake their own measured survey of the property prior to purchase.
Contact: Leah McSherry
T: 0115 977 5877
It is understood that VAT is applicable.
Block Viewing: Thursday 13th October - 2pm to 4pm
Please contact Jo Pearson on 0115 934 8024
FHP Property Consultants
Ref: VK / JP
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
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