The property is situated in a prime position fronting the arterial Derby Road within Nottingham city centre. Derby Road has developed to a strong retail position with a variety of independent and regional businesses including Tough Mary’s Bakehouse, The Whistle & Flute Pub, Brown Dog Interiors, Raglan Road Irish Bar amongst others.
The location is a short walk from Nottingham city centre and close to Nottingham Trent University.
It is also a popular residential location with a mix of professionals and students.
The property provides a shell ground floor unit of c 750 sq ft.
The property is available by way of a new Effectively Full Repairing and Insuring lease on Terms to be agreed.
We are verbally advised by the Business Rates Department of the local council that the premises are assessed as follows:
Rateable Value: £11,250
Multiplier (2022/2023): 0.512
Rates Payable: £ 5,760
The property may be exempt from Business Rates if eligible for Small Business Rates Relief - further information at www.voa.gov.uk.Interested parties are advised to confirm these figures directly with the relevant local authority.
Each party is to bear their own legal costs.
The property is categorised as Use Class E and can therefore be used for the following uses; retail shop, financial & professional services, café or restaurant, office use, clinic, health centre, creche and gym.
For further information and to arrange access for an onsite inspection please contact Rex Gooding Estate Agents on 0115 945 5553 or email@example.com.