39 Cornmarket, Derby, DE1 2DG
TO LET
Restaurant/cafe premises.
OVERVIEW A3 (Restaurant/Cafe) planning use consent. Ready to receive desired fit out.
Prominent former 'Little Frankies' restaurant in prime city centre location.
Excellent night time location with nearby occupiers including Walkabout, The Cosy Club, Ask Italian and Nandos.
LOCATION
BUSINESS RATES
The property is located on the Cornmarket close to the intersection with Victoria Street and St Peters Street which is Derby's principal High Street.
The property is yet to be assessed for business rates and interested parties are advised to contact the Local Authority for further information.
The Cornmaket and adjacent Market Place are home to an array of restaurants and cafe bars with notable occupiers including Nandos, The Bookcafe, Walkabout, The Cosy Club and Café Nero, together with several local and independent businesses.
TENURE
The subject property occupies a position with good prominence onto the Cornmarket together with return frontage along the enclosed "lock up yard".
The property is available to let by way of a new effectively full repairing and insuring lease for a negotiable period of time, incorporating upward only rent reviews where applicable.
PRICE The ground floor is available on a leasehold basis for £40,000 per annum exclusive.
DESCRIPTION
VAT
The property comprises of a former restaurant/cafe bar which is currently being prepared ready to receive the necessary fit out requirements.
It is our understanding that VAT is applicable with this transaction. All figures are quoted exclusive of VAT.
In terms of the configuration the property has ground floor access off the Cornmarket which leads to a former waiting/bar area with the property broadening to the rear which we assume once provided the dining/seating area and which has additional access onto the "lock up yard".
Each party is to bear their own legal costs in connection with this transaction.
Due to the configuration of the property it is feasible that the ground floor could be subdivided to provide two smaller retail units. Additionally the property also benefits from a useful basement area which provides further ancillary storage space.
ACCOMMODATION The accommodation has been measured on a Net Internal Area basis in accordance with the RICS Code of Measuring Practice (6th Edition): Ground Floor: 198.32 sq.m / 2,135 sq.ft
PLANNING We understand the property has the benefit of planning consent for use as A3 (Restaurant/Cafe). All planning information should be confirmed with the Local Authority.
SERVICES It is understood that all mains services are connected or available at the property.
LEGAL COSTS
VIEWING Viewing is strictly via appointment with BB&J Commercial or our joint agent, Darran Severn of FHP 01332 224854.
CONTACT Chris Keogh 01332 292825
[email protected] LOCATION MAP
PROPERTY IMAGES
Note: Plans, maps and drawings are not to scale. Paper copying licence No. LIG1025 Date Updated: 29Mar2018
ENERGY PERFORMANCE RATING