King Street, Ashbourne, DE6 1EA

Description
The property comprises a large detached building, arranged over three storeys. Originally dating back to the 1950’s and subsequently extended in the late 1980’s with the addition of two upper floors.

Forecourt parking is provided to the front, with attractive landscaped areas and access to the rear yard / loading area. As part of an earlier re-development, the property now incorporates an attractive single storey reception / sales area.

Internally, the accommodation has been comprehensively re-modelled to provide both open plan and cellular accommodation, finished to a high specification, configured to provide offices, workshops, loading bay, kitchen and staff welfare facilities.

Location
Ashbourne is a historic South Derbyshire town that acts as the gateway to the Peak District.
Ashbourne lies approximately 14 miles to the north west of Derby, with good road links via the A50.
The property is situated on an attractive residential street, just to the north of Market Square.
It benefits from the vibrant mix of retailers, restaurants and bars.

Tenancy
CW Sellors (Gold and Silversmiths) Limited will enter into a new full repairing and insuring lease for a term of 10 years, incorporating an upward only rent review and tenant break clause in the 5th year of the term at a rental of £38,500 per annum, exclusive.

Covenant
CW Sellors (Gold and Silversmiths) Limited is the UK’s leading fine jewellery and luxury watch specialist with over 45 years of experience, having been established in 1979.

They are an independent family run jewellers, approved retailers of leading brands including Tudor, Chopard, Panerai, IWC, Bretiling, TAG Heuer, Fope, Mikimoto, Guci and Faberge.

As part of the sale and leaseback, CW Sellors will provide a reverse premium equivalent to 1 years rental, by way of a discount of the purchase price.