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67 Friar Gate
5,000 SF of Assignment Available in Derby DE1 1FP
Assignment Highlights
- Business for sale to include goodwill and Fixtures - £59,950
- Nearby transport links
- Derby City Centre
Space Availability (1)
Display Rent as
- Space
- Size
- Rent
- Service Type
| Space | Size | Rent | Service Type | |||
| Ground | 5,000 SF | £5.00 /SF/PA £0.42 /SF/MO £53.82 /m²/PA £4.48 /m²/MO £25,000 /PA £2,083 /MO | TBD |
Ground
Offered for sale by way of lease assignment - 10 year lease from 2022 with rent review due 2027 - The current passing rent is £25,000 plus VAT. The incoming tenant will be responsible for their own legal fees and expected to buy the stock at valuation on completion. 3 months deposit will be required. A premium is sought for £59,950 to include fixtures and fittings, goodwill, staff and any licenses to transfer
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Energy Performance Rating - C
- Can also include fixtures and fittings
- Low Rent
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing agent for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR 67 Friar Gate , Derby, DBY DE1 1FP
| Property Type | Retail | Year Built | 1921 |
| Property Subtype | Bar | Cross Streets | Vernon Street |
| Gross Internal Area | 5,000 SF |
| Property Type | Retail |
| Property Subtype | Bar |
| Gross Internal Area | 5,000 SF |
| Year Built | 1921 |
| Cross Streets | Vernon Street |
About the Property
The property offers multiple trading areas to include:- Main bar area with bar servery and access to the main courtyard. Ground floor function room with private bar. First floor bar/function room with bar servery and access to the first floor roof garden. Ancillary areas to include kitchen, ladies, gents and accessible w/c's, office and cellars.
- Courtyard
- Storage Space
-
Ben Freckingham -
P&F Commercial
Presented by
67 Friar Gate
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