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St James Street 948 sq ft Retail Property Derby DE1 1QT £185,000 (£195.15/sq ft)

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INVESTMENT HIGHLIGHTS

  • Prime location
  • Prominent frontage
  • Great connectivity

EXECUTIVE SUMMARY

Investment Consideration:
Vacant possession
ERV: £20,000 p.a. GIY ~ 10.81%
VAT is NOT applicable to this property
Comprises vacant ground floor shop with ancillary at basement
Situated on the north side of the pedestrianised St James' Street, between Corn Market and Victoria Street, in the heart of the City Centre.
Property Description:
Comprises mid-terrace vacant ground floor shop with ancillary accommodation at basement, providing the following accommodation and dimensions:
Ground Floor: 49.33 sq m (532 sq ft)
Open plan retail, storage
Basement: 38.74 sq m (417 sq ft)
Ancillary
Total area size: 88.07 sq m (948 sq ft)
Tenancy:
The property is at present vacant. ERV: £20,000 p.a.
Location:
The property is prominently situated on the north side of the pedestrianised St James' Street, between Corn Market and Victoria Street, in the heart of the City Centre. The property is located close to other Estate Agents and office providers and within close proximity to Derbion Shopping Centre, which has retailers including Marks & Spencer, Zara, Mango, Flannels, River Island, H&M, Zizzi, Wagamama, Five Guys, Nando's and Showcase Cinema.

PROPERTY FACTS

Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Size
948 sq ft
Year Built
1944
Price
£185,000
Price per sq ft
£195.15
Tenancy
Single
Number of Floors
2
Plot ratio
1.60
Total Plot Size
0.01 ac

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • POSITION
  • AVAILABLE
  • Ground
  • 948 sq ft
  • Retail
  • -
  • Now

Property Features: Comprises ground floor retail premises Suitable for variety of uses (Class E) VAT is NOT applicable to this property Flexible terms to fit your needs Available on a new lease with flexible terms Situated on the north side of the pedestrianised St James' Street, between Corn Market and Victoria Street, in the heart of the City Centre. Property Description: Comprises mid-terrace ground floor shop with ancillary accommodation at basement, providing the following accommodation and dimensions: Ground Floor: 49.33 sq m (532 sq ft) Open plan retail, storage Basement: 38.74 sq m (417 sq ft) Ancillary Total area size: 88.07 sq m (948 sq ft) Terms: Available on a new lease with terms to be agreed by negotiation Rent: £326.92 per week (PCM: £1,416.66) Deposit: £4,250 (3 Months) Rateable Value: Rateable Value - £10,500 p.a. Rates Payable - £0* *Note - Small business rates relief available (subject to terms) EPC: The property benefits from a C Rating. Certificate and further details available on request. Location: The property is prominently situated on the north side of the pedestrianised St James' Street, between Corn Market and Victoria Street, in the heart of the City Centre. The property is located close to other Estate Agents and office providers and within close proximity to Derbion Shopping Centre, which has retailers including Marks & Spencer, Zara, Mango, Flannels, River Island, H&M, Zizzi, Wagamama, Five Guys, Nando's and Showcase Cinema.

Space Size Space Use Position Available
Ground 948 sq ft Retail - Now

Ground

Size
948 sq ft
Space Use
Retail
Position
-
Available
Now

Ground

Size 948 sq ft
Space Use Retail
Position -
Available Now

Property Features: Comprises ground floor retail premises Suitable for variety of uses (Class E) VAT is NOT applicable to this property Flexible terms to fit your needs Available on a new lease with flexible terms Situated on the north side of the pedestrianised St James' Street, between Corn Market and Victoria Street, in the heart of the City Centre. Property Description: Comprises mid-terrace ground floor shop with ancillary accommodation at basement, providing the following accommodation and dimensions: Ground Floor: 49.33 sq m (532 sq ft) Open plan retail, storage Basement: 38.74 sq m (417 sq ft) Ancillary Total area size: 88.07 sq m (948 sq ft) Terms: Available on a new lease with terms to be agreed by negotiation Rent: £326.92 per week (PCM: £1,416.66) Deposit: £4,250 (3 Months) Rateable Value: Rateable Value - £10,500 p.a. Rates Payable - £0* *Note - Small business rates relief available (subject to terms) EPC: The property benefits from a C Rating. Certificate and further details available on request. Location: The property is prominently situated on the north side of the pedestrianised St James' Street, between Corn Market and Victoria Street, in the heart of the City Centre. The property is located close to other Estate Agents and office providers and within close proximity to Derbion Shopping Centre, which has retailers including Marks & Spencer, Zara, Mango, Flannels, River Island, H&M, Zizzi, Wagamama, Five Guys, Nando's and Showcase Cinema.

NEARBY MAJOR RETAILERS

Coffee #1
HSBC
Santander
Lounges
Cosy Club
Turtle Bay
Nando's
Slug & Lettuce Company
National Westminster Bank Plc
KOKORO
  • Listing ID: 35983347

  • Date on Market: 25/05/2025

  • Last Updated:

  • Address: St James Street, Derby DE1 1QT

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