2511.02 sq. ft (233.28 m²)
Description
The unit is predominantly open-plan industrial space with office, reception area, kitchen, and WC facilities. Outside, to the rear, is a small enclosed yard of approx. 55 sqm. The unit extends to approx. 2,511 sq. ft./233.3 sqm. GIA
West Meadows Industrial Estate is an established industrial location, situated approx. 1-mile to the east of Derby city centre. Access to the estate is via Pentagon Island, at the junction with the A52 and A61. J-25 of the M1 motorway is approx. 7-miles to the east via the A52, which continues onwards to Nottingham. The subject property is situated on Downing Road, just off Chequers Road, which is on the main arterial routes through the estate.
Leasehold
The unit is classed as ç³arehouse & Premises', with a rateable value of £11,000. Subject to satisfying certain criteria, the property may be elected for Small Business Rates Relief. We understand the property falls within Use Class E of the Town & Country Planning (Use Classes) Order 1987, (Amended) (England) Regulations 2020. Interested parties should make their own enquiries.
TERMS The premises are available by way of a brand new full repairing and insuring (FR&I) Lease, for a term to be negotiated, at a rent of 24,000 (twenty-four thousand pounds) per annum exclusive (pax). LEGAL COSTS The incoming tenant would be responsible for the landlords reasonable legal costs, together with a £250 fee for obtaining references, etc. VALUE ADDED TAX (VAT) We understand that VAT will NOT be payable on the rent.
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