Serviced office to let Derby Now Let Vernon House, Vernon Street, Derby, DE1 1FR

Serviced office to let Derby Now Let Vernon Street, Derby

Available Size: 2,000 to 14,618 sq ft Price Auction: £1,500,000 Business Rates: Upon Enquiry VAT: No VAT on the purchase Price Legal Fees: The tenant will contribute to the legal fees as part of the auction conditions. EPC Rating: C (69 1 Vernon street - 5 serviced offices - income £19,585 2 Vernon Street - 4 serviced offices - income £27,300 Vernon House - 9 serviced offices - income £56,748 The Courtyard - Public House - Lease expiry - 13th April 2032 - passing rent £22,500 per annum Betfred - Lease expiry - 18th September 2026 - passing rent - £21,000 per annum 71 Friar Gate - 2 bedroom student house - Let 24/25 - £13,668 per annum Location Derby with an estimated population of 250,000 in the city and surrounding areas has extensive transport links with other areas of the country. The M1 motorway passes about ten miles (16 km) to the east of the city, linking Derby southwards to the London area and northwards to Sheffield and Leeds. Other major roads passing through or near Derby include the A6, A38, A50, A52 (Newcastle-under-Lyme to Mablethorpe, including Brian Clough Way linking Derby to Nottingham) and A61 (Derby to Thirsk via Sheffield and Leeds). Accommodation The accommodation comprises the following areas: Building - 3 Office Buildings 5,000 sq ft Building - 2 Bedroom Student House 2,000 sq ft Building - Betfred Investment 2,000 sq ft Building - Public House Investment 5,618 sq ft Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively. The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services. Viewing Viewing is strictly by prior appointment with the agents P & F Commercial Tel: 01664 431330 or email: office@pandfcommercial.com

Vernon House, Vernon Street, Derby

Size - 6-8 person office Rent - £15,000 per annum Business Rates - Full rates relief should apply Service charge - Included within rent Car Parking - No on site parking available Legal Fees - The tenant will contribute £300 + VAT towards the landlords administrative costs. This must be paid before the lease is produced. VAT - Not applicable EPC - C (69) Office VH5 is located on the 1st floor within Vernon House a commercial hub with a mix of ground floor office units and serviced offices set over both floors. Each room is finished to a high standard, featuring numerous electrical points, an intercom system and equipped with gas central heating heating. The office spaces boast excellent natural light and an open-plan design, with kitchen and WC facilities provided on the first and second floor for tenant convenience. An additional boardroom is available to tenants for meeting and presentations etc and can be booked out internally for no additional cost. Location Derby with an estimated population of 250,000 in the city and surrounding areas has extensive transport links with other areas of the country. The M1 motorway passes about ten miles (16 km) to the east of the city, linking Derby southwards to the London area and northwards to Sheffield and Leeds. Other major roads passing through or near Derby include the A6, A38, A50, A52 (Newcastle-under-Lyme to Mablethorpe, including Brian Clough Way linking Derby to Nottingham) and A61 (Derby to Thirsk via Sheffield and Leeds). Terms A new Internally Repairing lease will be created on a rolling 2 year tenancy or longer if required. A deposit equal to 3-months rent will be required and there will be a contribution to the Buildings Insurance arranged by the landlord. Rent is paid quarterly in advance. Tenant will pay £300 + VAT towards the lease administration costs. Services We are advised that mains’ water and electric are connected to the property. These services have not been inspected or tested by the agent.

Office VH5 - Vernon House - Vernon Street, Derby DE1 1FR

Description Indurent Park Derby is a 67 acre site in partnership with Network Rail. The site occupies a prime position immediately adjacent to Pride Park and Wyvern Retail Park. This new development provides high quality logistics and production space that will complement the existing facilities close by and build upon the area’s reputation as a destination for business. The majority of phase 1 has been let with phase 2 now available. Specifications These high quality spaces have planning consent for warehouse, light industrial and general industrial (B1c/B2/B8), with warehouse facilities to the ground floor and open plan office accommodation and kitchenette to the first floor. Externally there is a dedicated secure service yard, private parking and loading area, as well as sustainable amenities such as electric car charging points. Terms Indurent will lease units to occupiers for a term of years to be agreed. The leases will be in a standard form on a full repairing and insuring basis.

Industrial to let - Unit D82 Indurent Park Derby, Wyvern Way, Derby, DE21 6BF

Description The Babington Arms comprises of a two storey terrace building under a small flat roof section, with the rear of the ground floor under office accommodation and a tarmac car park. To the front of the property is a terrace which can accommodate approximately 40 customers. Accommodation Ground Floor: Trading accommodation with bar servery to the rear, with seating on loose tables and chairs. To the rear of the property is a trade kitchen alongside a managers office and small storage facilities. 
 
First Floor: Comprises of customer WC's alongside a large plant room and staff room. The cellar is situated on the first floor adjacent to access to the service yard and small goods lift used for deliveries. Tenure Leasehold. Held on a lease expiring in June 2036 but subject a tenant break clause in June 2031. The current rent of £78,800 pa subject to 5-yearly open market rent reviews. The most recent annual service charge was £8,702. Rateable Value & EPC 2023 Rateable Value: £80,000 
EPC Rating: C - 62 Premises Licence The Property benefits from a premises licence permitting the sale of alcohol from 08:00 to 00:30 Sunday to Thursday and 01:00 Friday and Saturday. Terms Rental offers are invited for the benefit of a new sublease. Planning The property is not listed nor does it fall within a conservation area. Trading Information Historic trading information may be available to interested parties upon written request. Fixtures and Fittings & Stock Fixtures and fittings with the exception of all tills, IT equipment, leased and branded items can be included as part of the sale should they be required. Stock will be removed from the premises prior to completion. Viewings & Terms Interested parties are asked to undertake discreet customer visits in the first instance. No formal viewings will be permitted unless arranged through the joint selling agents Savills and CBRE. Under no circumstances should any direct approach be made to any of our clients staff. 
 
Rental offers are invited for the benefit of a new sub-lease. 
 
To see further available JD Wetherspoon Public Houses across England, Scotland and Wales please visit: 
jdwdisposals.co.uk

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Serviced office to let Derby Now Let Vernon Street, Derby

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Office VH5 - Vernon House - Vernon Street, Derby DE1 1FR

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