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Retail property (high street) to rent

51 Sadler Gate, Derby, Derbyshire, DE1
Retail property (high street)
2,041 sq ft / 190 sq m
Added < 14 days

Features and description

  • Situated within Derby's historic Cathedral Quarter district.
  • Available to rent at £18,750 per annum exclusive.
  • Suitable for a variety of uses subject to the necessary planning consents.
  • Offering 2,042 sq ft / 189.7 sq m of accommodation (NIA).
  • The property is available on a leasehold basis at £18,750 per annum exclusive.
The subject property comprises a four-storey Grade II listed building built of traditional brick construction beneath a pitched slate roof, screened by a parapet wall/balcony with an attractive single-glazed timber framed shop frontage.

Internally, the ground floor has been fitted to a good specification and comprises a main retail area (with a newly installed feature staircase), further retail and storage to the rear followed by WC and kitchen facilities. The first, second and third floor provides mixed retail, treatment and storage accommodation along with secondary WC facilities located on the first floor.

The property also benefits from a secondary entrance directly to the first floor.



Location



Located on the highly prominent pedestrianised high street of Sadler Gate, winner of the Great British High Street Awards 2016 and part of Derby's historic Cathedral Quarter, the property is situated within close proximity to a number of independent professional retailers, bars and restaurants which include 1NE, Games Workshop, Canopy, Black Smith's Lounge and The Forge Steakhouse.

The premises also provides fantastic logistical opportunities with it being located within a short walk to Derby's St. Peter's Quarter, which includes the Derbion Shopping Centre and Derby's River Light's Bus Station. Also close by are the much-anticipated Becketwell and University of Derby's Business School Developments, which are scheduled to be completed within the next few years.



Accommodation



The accommodation has been measured on a Net Internal Area basis in accordance with the RICS Code of Measuring Practice (6th edition).

Total Net Internal Area: 2,042 sq ft / 189.7 sq m.



Planning



We understand that the property falls within use class E but may be suitable for alternative uses subject to the necessary planning consents.

All planning information should be confirmed with the local authority.



Services



It is out understanding that all mains services are connected to the property, however we have been advised by the vendor that there is no electricity present to the 3rd and 4th floors.



Rates



The property is currently listed on the valuation office website as having the following rateable values: -

51 Sadler Gate: £13,250
51B Sadler Gate: £5,600

Please note that you may qualify for small business rates relief on this property, however any interested party should verify this with the local billing authority.



Legal Costs



Each party are to bear their own legal costs in connection with this transaction.



VAT



We have been advised by the landlord that the property is not elected for VAT.

All figures are quoted exclusive of VAT.



Viewing



Strictly via appointment by sole agent BB&J Commercial.

Property information from this agent

About this agent

BB&J Commercial - Derby
BB&J Commercial - Derby
Oxford House Stanier Way DE21 6BF
01332 494565
Full profileProperty listings
Established in 1989, BB&J Commercial are a leading firm of chartered surveyors and commercial property consultants providing expert advice on all types of commercial property and land. Our highly skilled team of surveyors have a reputation for unparalleled professionalism and innovate ideas that deliver the best possible results for our clients.
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