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Office Investment For Sale, 9 Mallard Way, Pride Park, Derby, DE24 8GX

1,307 Sq Ft / Other

For Sale - £225,000.00

Available - Last updated: 21 September 2021

Part let Investment providing a purpose-built two-storey mid-terraced office providing open-plan space on both ground and first floors.

The property benefits from allocated parking, air conditioning, perimeter trunking, inset Cat II lighting, suspended ceilings as well as kitchenette and WC facilities on each floor.

Mallard Way is a well-established office location within Pride Park, approximately 1 mile from the City Centre and benefits from excellent commuter and public transport accessibility, including links to the A52, one of Derby City's major routes connecting the City to the M1 motorway via Junction 25.

The property is also within close proximity to Derby Train Station located only 1 mile away and the bus station located 1.2 miles away.

( Agency Pilot Software Ref: 4407 )

Location

Mallard Way is a well-established office location within Pride Park, approximately 1 mile from the City Centre and benefits from excellent commuter and public transport accessibility, including links to the A52, one of Derby City’s major routes connecting the City to the M1 motorway via Junction 25. The property is also within close proximity to Derby Train Station located only 1 mile away and the bus station located 1.2 miles away. The property’s location is shown on the plan within these particulars.

Accommodation

Ground Floor 58.46 sq m (629 sq ft)

First Floor 62.98 sq m (678 sq ft)

Total 121.44 sq m (1,307 sq ft)

Terms

TENURE The property is available as a freehold investment with a tenant in situ on the ground floor. The ground floor is currently let to Elite Security Services Ltd at an annual rent of £8,825, lease expiry July 2021.

PRICE £225,000 (two hundred and twenty five thousand pounds)

SERVICE CHARGE A site-wide service charge is applicable. Further details available on request.

BUSINESS RATES Local Authority: Derby City Council Period: 2020/2021 Rateable Value: Ground Floor—£9,000 First Floor—£9,100

LEGAL COSTS Each party will be responsible for their own legal costs incurred in the transaction.

VAT VAT will be charged on the sale price.

EPC The property has an Energy Performance Asset Rating of 51 within Band C. PLANNING We understand the premises have authorised planning consent under Class B1 of the Town and Country Planning (Use Classes) Order 1987.

ANTI-MONEY LAUNDERING POLICY In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser(s).

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £225,000.00 NA

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Alex Reid

Mather Jamie

01509 400214



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