5a St James’ Street Derby Derbyshire 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
Sold Prior
Price
Auction Venue
Live Streamed Auction

Important Update Interested?

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 Sold Prior
Price
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

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.