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 Rental Rate as

  • SPACE
  • SIZE
  • RENTAL RATE
  • TYPE
  • Ground
  • 5,000 SF
  • $33,166 /YR
  • TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

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
Space Size Rental Rate Rent Type
Ground 5,000 SF $33,166 /YR TBD

Ground

Size
5,000 SF
Rental Rate
$33,166 /YR
Rent Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

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

PROPERTY FACTS

Total Space Available 5,000 SF
Property Type Retail
Property Subtype Bar
Gross Leasable 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
  • Listing ID: 33776898

  • Date on Market: 11/6/2024

  • Last Updated:

  • Address: 67 Friar Gate, Derby DE1 1FP