City Centre Retail Letting In Prominent Corner Location
The premises are arranged over ground, first, second and basement. Tenure The property is currently held by way of a lease expiring 26th November 2027 with a tenant only option to break in November 2022. A sub-lease of part of the premises may also be considered. Rent £105,000 per annum exclusive. Alternatively a sub-lease can be agreed at rent to be negotiated. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £72,000.00 and the rates payable are £35,496.00 pa. The UBR for 2018/2019 is 49.30p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposesLess
The property is located on the junction of St James Street and Market in the centre of Derby occupying a prominent corner location. Occupiers in close proximity include RBS, Primark, Walkabout, Frankie & Benny's, Superdrug and Cafe Nero. Recent lettings in the vicinity include Turtle Bay and Revolution de Cuba.