Property Information
Address:
Ground Floor & Basement, 50 Derby Road, Nottingham
, NG1 5FD
Price: Buy: POA
Size: 1185 sq ft110 sqm
Primary Category: Investment
All Categories:
Investment, Shop,
Property Ref/Movehut: MH684204
Property Ref/Agent: 14617
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: October 6, 2024
Property description
The property provides a ground floor retail premises with prominent display frontage to Derby Road.
Internally, at ground floor level, the property provides an open plan retail area to the front with kitchenette and staff facilities to the rear which are set beneath a useful mezzanine, currently utilised by the tenant to provide an office area.
Accessed via a stairwell towards the front of the retail area, the property's basement level comprises further open plan accommodation which is used as storage by the tenant, but which could provide additional retail space.
The property presents well throughout, the specification of which comprises a variety of floor coverings, painted plaster walls, single glazed timber frame frontage and painted plaster ceilings inclusive of a combination of inset spot, pendant and track light fittings.
Ground floor retail premises with useful basement providing a Total Net Internal Area of 110.05sq.m / 1,185sq.ft. with a Retail Area Mezzanine of 16.43sq.m / 177sq.ft.
Over 120 years unexpired on long leasehold agreement.
Part of a busy and popular city centre retail pitch.
Long established tenant in occupation since 2006, currently 'holding over'.
Income producing with potential to increase rent upon renewal.
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