Glumangate, Chesterfield, Derbyshire, S40

LOCATION The property is located in a town centre position on the western side of Gluman Gate, between the junctions with Rose Hill/Knifesmithgate and Saltergate.

The locality predominantly serves the professional services sector and nearby occupiers include Wilkins Vardy, Blundells, Redbrik and Reeds Rains estate agencies and Banner Jones solicitors.

DESCRIPTION The subject premises comprise a ground floor lock-up shop, with kitchenette/store and separate outside WC.

ACCOMMODATION Floor Area
Sales Shop 229 sq ft 21.3m2
Kitchenette/Store
Outside WC
Overall IPMS-3 Internal Floor Area 229 sq ft 21.3m2

SERVICES Mains services are understood to be available to the property in terms drainage and electricity.

Note: neither services nor installations have been tested and the Agents offer no warranties in this connection.

PLANNING The shop has longstanding use as a newsagent and tobacconist, which falls within the wide-ranging Class E (Commercial, Business and Service) of the Town and Country (Use Classes) Order 1987 (as amended September 2020).

It is therefore considered suitable for a wide variety of uses.

Interested parties should contact Chesterfield Borough Council Planning Department to satisfy themselves as to the suitability of their proposed use.

LEASE The premises are immediately available on the basis of a new internal repairing and insuring Lease for a term of three years.

The Landlord supports the RICS Professional Statement - Code for Leasing Business Premises 2020.

RENT £7,500.00 per annum exclusive of business rates and other outgoings.

DEPOSIT In addition to the rent, the ingoing Tenant will be required to pay a deposit equivalent to two months' rent.

INSURANCE Insurance cover in respect of buildings reinstatement, Landlord's public liability and up to three years loss of rent will be arranged by the Landlord and re-charged to the Tenant by way of additional rent. The re-chargeable proportion of the annual insurance premium including I.P.T. for the current policy year commencing 27 October 2024 is advised as £410.00.

LOCAL TAXATION The Valuation Office Agency 2023 Rating List on the Internet recites that the premises are assessed at Rateable Value £5,000, Description: "Shop and Premises".

Under the current Business Rates reliefs system, this should result in a nil rates liability to the occupier, provided that the occupier does not have other premises.

E.P.C. The Energy Performance Asset Rating for the property is 52 - Category C, valid until 2 October 2032.

Full copies of the Energy Performance Certificate and Recommendation Report are available upon application to the Agents, or by following the links below:

EPC - Report - ADDED TAX We understand that the rent amounts will not attract Value Added Tax. However, the Landlord reserves the right to charge V.A.T. upon the rent amounts subject to future notification to the Tenant. You are advised to consult your Accountants for further information.

COSTS Each party is to bear its own legal costs in connection with the new Lease preparation, Counterpart, Stamp Duty Land Tax and any V.A.T. thereon.

REFERENCES The Landlord will require the usual Bank, Solicitor's, Accountant's, Landlord's and three Trade References in respect of a prospective Tenant.

SOLICITORS The Landlord is represented by Knights PLC of 14 Commercial Street, Sheffield, S1 2AT.

VIEWING Strictly by prior telephone appointment