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Prominent City Centre Development Opportunity, 84/86 St Peters Street, St Peters Quarter, Derby, DE1 2AD

3,067 Sq Ft / Retail / General Retail

For Sale

Available - Last updated: 26 July 2020

The principal accommodation is arranged on three floors and comprises a double fronted ground floor retail/sales showroom area together with additional sales/showroom and ancillary accommodation at first floor level.

The second floor is arranged to provide an ancillary staff/storage room with male and female WCS.

The property is suitable for a variety of retail uses or other alternative uses – subject to planning permission. 

Location

The property occupies a prominent location on St Peters Street opposite two entrances to the Intu Derby Shopping Centre and within the St Peters Quarter Business Improvement District where the Local Authority have made significant investment in public realm projects and schemes to improve the street scene and create a more open and inviting environment.

The property is nestled between Ladbrokes Bookmakers and Thomson Holidays.

Other nearby occupiers include Waterstones, PureGym, Manor Pharmacy, Santander, Bon Marche, Shoe Zone and Save the Children amongst other local, regional and national goods and service providers. 

Accommodation

Floor areas are quoted on a net internal area basis in accordance with the RICS Code of Measuring Practice.

Ground Floor Sale Area - 1,531 sq ft  (142 sq m)

First Floor Showrooms - 950 sq ft  (88 sq m)

Ancillary - 283 sq ft  (26 sq m)

Second Floor Storage - 303 sq ft  (36 sq m)

The above are for guidance purposes only. 

Terms

Planning - We believe the property has the benefit of existing planning consent for use falling within Class A1 (Shops) of the Town & Country Planning (Use Classes) Order. Interested parties should, however, make their own enquiries of Derby City Council Planning Department to verify that this is the current position and to determine whether planning consent is required for their proposed use.

Services - We believe all mains services are available and/or connected. We have not tested any of the services and interested parties are advised to satisfy themselves that the mains services connected or available at these premises are adequate for their requirements.

Rates - Rateable Value (2017) £XXX - Rates Payable (2019/2020) £XXX

Tenure - The property is held freehold.

EPCs - The property has an EPC Rating of B43.

Guide Price - Offers in excess of £XXX Exclusive.

Legal Costs - Each party to bear their own legal costs in this transaction.

VAT - VAT will be charged at the prevailing rate.

ANTI MONEY LAUNDERING (AML) - Any offer accepted is subject to completing AML checks. 

Specification

  • Prominent City Centre Location adjoining Intu Derby
  • Development potential, subject to planning permission
  • Ground floor sales area 1,600, with additional first floor showroom and premises
  • Ancillary accommodation on the second floor


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