Retail premises for sale in St. James Street, Derby DE1
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Comprises ground floor shop with ancillary at basement
- Rental Income: £21,000 p.a.
- Gross Initial Yield: 8.94%
- VAT is not applicable to this property
Property description
Gross Initial Yield: 8.94%
Rental Income: £21,000 p.a.
VAT is not applicable to this property
Comprises ground floor shop with ancillary at basement
Situated on the north side of the pedestrianised St James' Street, between Corn Market and Victoria Street, in the heart of the City Centre.
Property Description:
Comprises mid-terrace ground floor shop t/a Estate Agents with ancillary accommodation at basement, providing the following accommodation and dimensions:
Ground Floor: 49.33 sq m (532 sq ft)
Open plan retail, storage
Basement: 38.74 sq m (417 sq ft)
Ancillary
Total area size: 88.07 sq m (948 sq ft)
Tenancy:
The property is at present let to Northwood (Derbyshire) Limited* for a term of 15 years from 25th March 2011 at a current rent of £21,000 p.a. And the lease contains full repairing and insuring covenants.
* Northwood Estate Agents are a leading nationwide Estate Agent that were established in 1995 and now trade from over 80 offices across the UK ()
Location:
The property is prominently situated on the north side of the pedestrianised St James' Street, between Corn Market and Victoria Street, in the heart of the City Centre. The property is located close to other Estate Agents and office providers and within close proximity to Derbion Shopping Centre, which has retailers including Marks & Spencer, Zara, Mango, Flannels, River Island, H&M, Zizzi, Wagamama, Five Guys, Nando's and Showcase Cinema.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Blue Alpine Partners, W1G on +44 20 3641 9157 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blue Alpine Partners, and do not constitute property particulars. Please contact Blue Alpine Partners for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.