Retail property (high street) to rent

Substantial commercial premises situated in a prominent position in the heart of Matlock Bath

40-42 North Parade - A prominently situated retail unit of 1,141 square feet/ 105.989 sq. m. in the heart of Matlock Bath, providing excellent display frontage and extending back circa 70ft (21m+) providing an excellent array of retail space, also considered suitable for a variety of high street uses.

The property was previously occupied by a well-established gift shop, with the unit now only available upon the retirement of the previous tenant.

The premises comprise of an open plan ground floor retail unit with excellent frontage to North Parade, providing excellent potential to reconfigure if desired to create separate or additional areas.

The premises have a store room and WC facility, and are considered eminently suitable for continuing retail use, or for alternative uses such as office, café, beauty or other high street uses.

Available immediately please contact our office for further information or to arrange a viewing.

Location - Matlock Bath is an ever popular Derbyshire inland riverside resort village, nestling within the rocky banks of the picturesque River Derwent, which enjoys excellent visitor levels from far and wide.

Lying approximately 1.5 miles to south of the Derbyshire County administrative town of Matlock, along the main A6 trunk road passing through the village, it provides a regular destination for families, tourists and motorcycles, boasting a wide variety of well patronised eating establishments and an eclectic range of local shops.

Attractions include the Heights of Abraham with overhead cable cars, Gulliver's Kingdom, the Mining Museum, Matlock Bath Aquarium and Arcade, Derwent Amusements, and during certain times of the year the Riverside Illuminations and other activities are great attractions for many visitors.

Accommodation - AreaWidth Depth Area SQ.M.Area SQ.FT.
Window Frontage3.62 x0.8543.091 33
Front Retail 5.596x4.19623.481 253
Mid Retail 5.119x3.83819.647 211
Mid-Rear 3.915x2.61110.222 110
Rear Retail 4.779x6.94433.185 357
Retail Room 3.938x2.72510.731 116
Store Room 2.772x1.3 3.604 39
Rear Store 0.744x2.7252.027 22
WC
Overall NIA 105.989 1141

Terms - Offered To Let' on new lease/leases term and terms negotiable.

Envisaged is a minimum three year lease to be granted effectively on full repairing and insuring terms in the Landlords standard modern form and in compliance with the principles of the Code for Leasing Practice - longer term in multiples of three years available by negotiation as required.

Insurance - Payable annually in respect of a contribution towards the Landlords property owner's insurance premium costs.

Possession - The premises are available immediately on completion of legal documentation and payment of any costs/ rent in advance required.

Services - Mains electricity, water and drainage services have previously been connected to serve the premises, please contact us to discuss any specific requirements for your desired use and to confirm the continuance of supply.

Local Authority - Derbyshire Dales District Council, Town Hall, Bank Road, Matlock, DE4 3NN

Non-Domestic Rates - Entered in the Rating List at £12,000 Rateable Value under the description of Shop and Premises.

N.B. A change of use may require a reassessment of the rateable value.

References - References will be required to include Bank/financial, two trade or two professional references in satisfactory terms - upon letting to a limited company three years audited trading accounts will be required for consideration, otherwise Directors sureties and/or suitable rent deposit may be required in confirmation of financial standing.

Costs - The incoming tenants will be expected to pay a contribution towards the Landlords legal costs plus stamp duty and V.A.T. As applicable in connection with the preparation and grant of the required new lease of £500.00 plus V.A.T. - payable upon agreeance of terms, the amount of which may be retained to defray abortive costs should the documentation be prepared and submitted and the tenants fail to proceed, or will be taken towards the first months rent.