High Street Retail Property to Rent, PARK FARM CENTRE, 14 Park Farm Drive, DE22 2QN - CBRE Commercial

Overview

To Let

The property is arranged over ground floor only with the following approximate areas and dimensions. Tenure The premises are available by way of an assignment of the existing lease expiring 13/06/2026, subject to a tenant break option on 13/06/2021.  Alternatively, the premises are available by way of a sub-lease for a term to be agreed. Passing Rent £35,600 per annum exclusive of business rates, service charge and all other outgoings. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £31,500.00 and the rates payable are £15,120.00 pa. The UBR for 2018/2019 is 48.00p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

The Park Farm Shopping Centre provides the principle retailing destination for Allestree, a large residential suburb approximately 1 mile north of the city Centre. Allestree benefits from an affluent catchment and is located close to the main University of Derby campus. Anchor tenants include Wilko, Boots, Co-op Travel Agency, RBS, Domino's Pizza, Papa Johns & Card Factory. The centre has the benefit of free customer parking on site for approximately 400 cars.

Sizes and Measurements

Total Size

1,898sqft

Sales Area

1,898sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,898sqft

Status

Available

Available from

Now

Lease Information & Charges

Lease type

Assignment

For rent

£35,600/pa

UBR

48p

Rateable Value

£31,500.00

Business Rates

£15,120/pa

Floorplan

ALLESTREE

Photos

ALLESTREE

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