54, Sadler Gate
Derby, Derbyshire , DE1 3NQ
Price: £21,500 pa
Size: 1,984 ft² / 184.32 m²
Property Features
- Self-contained ground floor retail unit with double frontage to Sadler Gate.
- Busy trading position at the top of Sadler Gate close to Market Place and Iron Gate.
- Situated within the Cathedral Quarter: a boutique retail, leisure and professional location.
- Suitable for a variety of uses (subject to planning).
Property Summary
Internally the unit provides open plan retail sales over ground floor with additional cellarage. The specification provides laminate floors, wallpaper walls, suspended ceilings and air conditioning.
Externally the property benefits from two pedestrian accesses off Sadler Gate.
Full Details
The unit comprises a self-contained ground floor retail unit with a large double retail frontage to Sadler Gate.
Internally the unit provides open plan retail sales over ground floor with additional cellarage. The specification provides laminate floors, wallpaper walls, suspended ceilings and air conditioning.
Externally the property benefits from two pedestrian accesses off Sadler Gate.
Location
Sadler Gate forms part of the Cathedral Quarter Business Improvement District being one of the main pedestrianised retail pitches in Derby city centre.
The street provides a number of high-quality niche retail occupiers, professional services firms, bars, coffee shops, restaurants and public houses within a characterful and historic setting close to Derby Cathedral.
The property is prominently located on the south side of Sadler Gate. Nearby occupiers include Nandos, BEAR and The Old Bell Public House.
The Subject is situated close to the Victorian Market Hall which is currently undergoing a multimillion-pound redevelopment to create a destination venue with various stalls, a food court and entertainment space.
Other notable developments nearby include the planned redevelopment of the Assembly Rooms site, the refurbishment of the Guildhall and the imminent construction of the new 3,500 capacity venue at Becketwell.
Planning
The premises have planning consent for retail 'E' use. Other uses may be permitted (subject to planning).
Deposit
A deposit may be payable subject to status.
Services
It is understood the electricity, water and drainage are connected to the property.
VAT
Not applicable.
Lease Terms
The property is available to let on new full repairing and insuring lease terms for a negotiable period of years subject to rent reviews where appropriate.
Insurance
The landlord will insure the premises and re-charge the premium to the tenant.
EPC
An EPC is in preparation.
Legal Costs
Each party is to be responsible for their own legal costs associated with this transaction.
Key Details
Tenure: To Let
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