Commercial property to rent in Derby Road, Nottingham, NG1 (ref: NOT220615)

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.

LocationThe 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.

Description

AccommodationThe property provides a shell ground floor unit of c 750 sq ft.

Services

TermsThe property is available by way of a new Effectively Full Repairing and Insuring lease on Terms to be agreed.

RatesWe 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.

VAT

Legal CostsEach party is to bear their own legal costs.

Service Charge

ViewingFor further information and to arrange access for an onsite inspection please contact Rex Gooding Estate Agents on 0115 945 5553 or info@rexgooding.com.

Parking

PlanningThe 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.

Other