Commercial Property
Location:
Ashbourne is a prosperous market town situated within the Derbyshire Dales District, lying on the A52 thoroughfare, approximately 13 miles northwest of Derby.
The property occupies a prominent corner plot situated at the junction of Dig Street/Church Street/St. John Street close to a number of national retailers to include Costa Coffee and W.H. Smith.
An attractive Grade II Listed building of a presumed solid brick construction beneath a pitched slate clad roof. The accommodation comprises a self-contained ground floor Bank with basement storage and ancillary part first and second floor accommodation.
Separately accessed (off St. John Street) is a self-contained office suite with accommodation over the first and second floors. In Autumn 2015, this underwent a comprehensive programme of refurbishment/redecoration to include rewiring, installation of CAT V cabling, CAT II Lighting, new kitchen, wc’s and new carpets.
Bank - 134.8 sq m (1,451 sq ft)
Office Suite - 85.8 sq m (924 sq ft)
Total - 220.6 sq m (2,375 sq ft)
(Measurements have been taken from the VOA rating assessment and are quoted on a New Internal basis, in accordance with the RICS Code of Measuring Practice. Floor plans are available from the agent).
Bank 2017 Draft Assessment: £12,750
Office 2017 Draft Assessment: £5,700
Source: VOA
This property is being sold subject to the following tenancies:
The Royal Bank of Scotland PLC occupy Part Basement Ground, First and Second floors under a lease expiring 11 Dec 2027. By way of a deed of variation the break has been removed and passing rent set at £11,000 p.a. exclusive until the 2021 review to OMRV or 3.75% uplift.
Trent Psychological Therapy Services Ltd occupy Part Ground, First and Second floors are under a lease expiring 11 Feb 2028. The passing rent of £8,000 p.a. exclusive is reviewed to £10,000 or OMRV in 2019 and every 3rd year. There is a tenant only break 2019 and every 3rd year.
It is understood that separately metered mains electric, water and drainage are connected to the property.
All figures quoted are exclusive of VAT. It is our understanding the premises is not registered for VAT.
Freehold. Subject to tenancy.
