10-11 ST JAMES COURT, FRIAR GATE, DERBY, DERBYSHIRE
, DE1 1BT
, england Price: Rent: £59,950 Per Annum Sale Price : £650,000
Size: 5980 sq ft556 sqm Primary Category: Office All Categories:
Office, Property Ref/Movehut: MH620860 Property Ref/Agent: ST JAMES COURT
*Please use the agent ref when calling the agent directly.
St James Court is a modern development of Georgian style offices located at the junction with Friar Gate and Larges Street within the Friar Gate Conservation Area.
St James Court accessed from Larges Street.
Friar Gate forms part of the inner ring road and leads directly into Ashbourne Road (A52) which, in turn, connects with the A38, at Markeaton Island, approximately 1 mile to the west.
Junction 25 of the M1 motorway is located approximately 8 miles to the east and
Derby’s railway Station is situated approximately 1.8 miles from the property.
The premises comprise two adjoining, and interconnecting, office buildings occupying a prominent end of row position within St James Court.
The accommodation is arranged over three floors and is currently presented in a part open plan and part cellular format.
The offices are finished to a good specification including
• Air conditioning to ground and first floors
• Suspended ceilings with Cat II lighting
• Carpeted office floors
• Perimeter trunking
• Ground floor boardroom/meeting room with concertina room divider to cater for large or smaller meetings
• 15 car parking spaces
The accommodation has been measured on a Net Internal Area basis in accordance with the RICS Code of Measuring Practice
Ground Floor 1,980 sq ft (183.94 sq m)
First Floor 1,930 sq ft (179.30 sq m)
Second Floor 2,070 sq ft (192.30 sq m)
Total Net Internal Area 5,980 sq ft (555.54 sq m)
We undertsand that all mains services are available and connected.
A replacement air conditioning system was installed, circa 2015, to the ground and first floors.
Although there are central heating radiators throughout the property, we are informed that the system is not functional.
Purchasers/tenants should make their own investigations to ensure that the capacity of the mains services is adequate for their specific requirements.
We believe the property is suitable for uses within Class B1a (Offices) of the Town & Country (Use Classes) Order as amended.
Interested parties must, however, make their own enquiries of Derby City Council Planning Department in respect of the current and proposed use of the building and in order to determine whether palnning consent is required for their proposed use of the premises
Non Domestic Rates
We have inspected the online Rating List and note that the property has been assessed as follows
Offices and Premises Rateable Value £45,000
This is not what you will pay. Interested parties should make their own enquiries of Derby City Council to determine actual liability.
The property is held by way of a long lease dated 2nd May 1991 for a term of 999 years less 1 day from 7th September 1988 at a peppercorn rent.
The premises are offered to let by way of a new lease drawn on a Full Repairing and Insuring basis for a term of years to be agreed. The lease will incorporate regular rent reviews appropriate.
Alternatively, the long leasehold interest is offered for sale with full vacant possession upon completion.
Value Added Tax
VAT is payable at the prevailing rate on the purchase price and associated costs.
Each party is to bear their own legal costs incurred in this transaction.
Anti-Money Laundering (AML)
As part of our AML policy and procedure two photographic ID documents and a recent utility bill will be required by an incoming tenant.
All viewings are to accompanied and strictly by appointment only
Contact Martin Langsdale
Tel 01332 295555
EPC for 10-11 ST JAMES COURT, FRIAR GATE, DERBY, DERBYSHIRE
Value my property
Do you have a property you would like to get a valuation for? Simply click the button
below to request a property valuation directly.