Commercial Property for sale

Derby, 1 Hastings Street, Derby, DE23 6QQ


£700,000
5,524 ft²

Features

  • 15 year lease with effect from September 2010.
  • For Sale
  • Passing Rent - 52,500 per annum.
  • Planning consent for D1 (Non-Residential Institutions).
  • Popular residential suburb with the practice having in excess of 7,000 registered patients.
  • Rare opportunity to purchase fully let medical centre.
  • Rent reviews every three years.
  • The property is available on a freehold basis subject to the existing tenancy for a figure in excess of 700,000.

Description

The property comprises a 1980's built former probation centre which was converted in 2010 as part of its existing use as a Family Medical Centre - D1 (Non-Resdential Institutions).



Internally the property is configured to provide nine treatment rooms, four consulting rooms together with a large reception area, staff welfare and toilet facilities.



The building is single storey and of traditional masonry construction set beneath a pitched tile roof with dedicated parking spaces to the rear of the property for approximately 12 vehicles.





Location



Normanton is a densely populated suburb of Derby situated 1.5 miles south of the city centre. The neighbouring properties are a mixture of terraced and semi-detached residential dwellings, commercial properties, a school and several places of worshop.



The subject property is located on Hastings Street at the end of the cul-de-sac with frontage onto Stanhope Street.



Accommodation



The accommodation has been measured on a Gross Internal Area basis in accordance with the RICS Code of Measuring Practice (6th Edition):



513.20 sq.m / 5,524 sq.ft



Planning



We understand that the premises have the benefit of planning consent for D1 (Non-Residential Institutions) Use Class of the Town & Country Planning (Use Classes) Order 1987. All planning information should be confirmed with the Local Authority.



Service Charge



It is understood that all mains services are either connected to or available at the property.



Rates



The property currently has the following rateable value listed on the Valuation Office website:-



Office & Premises - 22,000



Legal Costs



Each party are to be responsible for their own legal costs incurred with this transaction.



VAT



All figures are quoted exclusive of VAT. Purchasers must satisfy themselves as to the VAT position if necessary by taking the appropriate professional advice. It is however anticipated that the purchase will be treated as a TOGC.



Viewing



Strictly by appointment with sole agents BB&J Commercial.

Location

Normanton is a densely populated suburb of Derby situated 1.5 miles south of the city centre. The neighbouring properties are a mixture of terraced and semi-detached residential dwellings, commercial properties, a school and several places of worshop.



The subject property is located on Hastings Street at the end of the cul-de-sac with frontage onto Stanhope Street.

Accommodation

The accommodation has a Gross Internal Area of approximately:-



513.20 sq.m / 5,524 sq.ft (subject to verification).

Planning

We understand that the premises have the benefit of planning consent for D1 (Non-Residential Institutions) Use Class of the Town & Country Planning (Use Classes) Order 1987.



All planning information should be confirmed with the Local Authority.

Services

We understand that all mains services are connected to the property.

Rates

The property currently has the following rateable value listed on the Valuation Office website:-



Office & Premises - 22,000

Legal Costs

Each party are to be responsible for their own legal costs incurred with this transaction.

VAT

All figures are quoted exclusive of VAT. Purchasers must satisfy themselves as to the VAT position if necessary by taking the appropriate professional advice. It is however anticipated that the purchase will be treated as a TOGC.

Viewing

Strictly by appointment with sole agents BB&J Commercial.

Categories

Commercial Properties
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Property reference
CP34156B1_4541