5a St James’ Street Derby Derbyshire DE1 1QT

  • 5a St James’ Street<br>Derby<br>Derbyshire<br>DE1 1QT

5a St James’ Street
Derby
Derbyshire
DE1 1QT

High Yielding Freehold Retail Investment

  • Let to tenant trading as Northwood Estate Agents
  • Pedestrianised City Centre location
  • Close to Derbion Shopping Centre
  • Nearby occupiers include Marks & Spencer, Zara, Mango, Flannels, River Island, H&M, Zizzi, Wagamama, Five Guys, Nando's, Pizza Express and Showcase Cinema
  • VAT-free investment
  • Lot
    34
  • Auction
    9th July 2024
  • Rent
    £21,000 per Annum Exclusive
  • Status
    Available
  • Guide*
    £150,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

High Yielding Freehold Retail Investment

  • Let to tenant trading as Northwood Estate Agents
  • Pedestrianised City Centre location
  • Close to Derbion Shopping Centre
  • Nearby occupiers include Marks & Spencer, Zara, Mango, Flannels, River Island, H&M, Zizzi, Wagamama, Five Guys, Nando's, Pizza Express and Showcase Cinema
  • VAT-free investment
  • Lot 34
  • Auction 9th July 2024
  • Rent £21,000 per Annum Exclusive
  • Status Available
  • Guide* £150,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
15 miles east of Nottingham, 27 miles north-west of Leicester
Roads
A6, A38, A50, A52, A61, M1 (Junction 25)
Rail
Derby Railway Station
Air
East Midlands Airport
Situation

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.

Tenure

Freehold.

Location
Miles
15 miles east of Nottingham, 27 miles north-west of Leicester
Roads
A6, A38, A50, A52, A61, M1 (Junction 25)
Rail
Derby Railway Station
Air
East Midlands Airport
Situation

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.

Tenure

Freehold.

Description

The property comprises an Estate Agent arranged on the ground floor and basement, forming part of a larger building.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Band C

Description

The property comprises an Estate Agent arranged on the ground floor and basement, forming part of a larger building.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Band C

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
Floor Areas
(Approx sq ft)
Tenant Term Rent p.a.x.
Ground
Basement
Retail/Estate Agent
Ancillary
49.33
38.74
(531)
(417)
NORTHWOOD (DERBYSHIRE) LIMITED (1)
(t/a northwooduk.com)
15 years from 25/03/2011
£21,000
Total  
88.07
(948)
   
£21,000

(1) Northwood Estate Agents are a leading nationwide Estate Agent that were established in 1995 and now trade from over 80 offices across the UK (www.northwooduk.com)

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    05.06.24
    File Size
    14 MB
    Login to View
  • Brochure
    Updated Date
    18.06.24
    File Size
    2 MB
    View PDF
  • Common Auction conditions
    Updated Date
    20.05.24
    File Size
    620 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Henry JohnHenry John +44 (0)20 7034 4860 +44 (0)7876 884 320henry.john@acuitus.co.uk
Seller's Solicitors
Knights Plc The Brampton
Newcastle-under-Lyme
Staffordshire
ST5 0QW
Daniel Roberts 017826 19225daniel.roberts@knightsplc.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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