Retail/Shop To Let Derby
PROPERTY ID: 129482
PROPERTY TYPE
Retail/Shop
STATUS
Available
SIZE
533 sq.ft
Key Features
Property Details
Sadler Gate forms part of the Cathedral Quarter Business Improvement District being one of the main pedestrianised retail pitches in Derby city centre.
The street provides a number of high-quality niche retail occupiers, professional services firms, bars, coffee shops, restaurants and public houses within a characterful and historic setting close to Derby Cathedral.
The property is prominently located on the south side of Sadler Gate.
Nearby occupiers include Nandos, BEAR and The Old Bell Public House.
The Subject is situated close to the Victorian Market Hall which is currently undergoing a multimillion-pound redevelopment to create a destination venue with various stalls, a food court and entertainment space.
Other notable developments nearby include the planned redevelopment of the Assembly Rooms site, the refurbishment of the Guildhall and the imminent construction of the new 3,500 capacity venue at Becketwell.
The unit comprises a self-contained ground floor retail unit with a large double retail frontage to Sadler Gate.
Internally the unit provides open plan retail sales over ground floor with additional cellarage.
The specification provides laminate floors, wallpaper walls, suspended ceilings and air conditioning.
Externally the property benefits from two pedestrian accesses off Sadler Gate.
We understand that electric, water and drainage are connected to the property.
We are advised that VAT is not applicable.
We understand that the property is combined with 13 Market Place for rating purposes and would need to be split. Occupiers should make their own enquiries with Derby City Council.
The premises have planning consent for retail ‘E‘ use. Other uses may be permitted (subject to planning).
The premises are offered to let by way of new effectively full repairing and insuring lease terms for a negotiable term of years, subject to rent reviews were appropriate.
Each party is to be responsible for their own legal costs associated with the transaction.
An EPC is in preparation.
Two forms of ID and a recent utility bill must be shown by the occupier.