Let to Provenance Tapas Limited and The Best Connection Group Limited
Important Rent Reviews in 2018
Approximately 5,484 sq ft
Historic Grade II Listed Building (former Magistrates Court)
Includes car parking
Located opposite City Centre Multi-Storey Car Park in the heart of Derby's Cathedral Quarter
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 37
Auction 16th February 2017
Rent £46,000 per Annum Exclusive
Status Sold
Price £550,000
Sector Restaurant
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
15 miles west of Nottingham, 35 miles south of Sheffield, 38 miles north-east of Birmingham
Roads
A38, A50, A52, M1 (Junction 25)
Rail
Derby Railway Station
Air
East Midlands Airport
Situation
The property is located on the eastern side of Bold Lane, close to its junction with the pedestrianised Sadler Gate and The Strand. The property is located in the Cathedral Quarter which
is a destination bar and restaurant location with a number of independent occupiers and some nearby sites pending development.
Tenure
Freehold.
Location
Miles
15 miles west of Nottingham, 35 miles south of Sheffield, 38 miles north-east of Birmingham
Roads
A38, A50, A52, M1 (Junction 25)
Rail
Derby Railway Station
Air
East Midlands Airport
Situation
The property is located on the eastern side of Bold Lane, close to its junction with the pedestrianised Sadler Gate and The Strand. The property is located in the Cathedral Quarter which
is a destination bar and restaurant location with a number of independent occupiers and some nearby sites pending development.
Tenure
Freehold.
Description
The property, a Grade II listed building, comprises a ground floor restaurant with separately accessed office accommodation (a recruitment agency) on the first floor. The property benefits from
car parking for approximately 10 cars.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property, a Grade II listed building, comprises a ground floor restaurant with separately accessed office accommodation (a recruitment agency) on the first floor. The property benefits from
car parking for approximately 10 cars.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
(1) Areas stated are Gross Internal (2) Iberico World Tapas brings together the rustic simplicity of Spanish tapas together with the refined ingredients of world cooking and operate from this location as well as another two locations in Nottingham. The Derby restaurant has recently been awarded a Michelin Bib Gourmand and has won Derby Food and Drink Awards Restaurant of the Year for 2016 (Source: www.ibericotapas.com 12/01/2017). (3) The Best Connection Group are a recruitment agency who employ over 700 full-time staff and operate a network of 84 branches. For the year ending 30th November 2015, The Best Connection Group Limited reported a turnover of £297,328,639, pre-tax profits of £10,761,285 and a total net worth of £18,801,581 (Sources: www.thebestconnection.co.uk and Experian Group 12/01/2017).
