48 Derby Road Nottingham NG1 5FQ

48 Derby Road
Nottingham
NG1 5FQ

City Centre Retail Investment

Ground and basement let to Ferguson Interiors Ltd until 2020
City centre location on Derby Road (A610)
Nearby occupiers include The Strathdon Hotel, Flooring Trends, Welch Florists
and a number of other independent retailers
Six Week Completion

Lot
46
Auction
23rd May 2013
Rent
£16,650 per Annum Exclusive
Status
Withdrawn Prior
Price
Auction Venue
The Dorchester Hotel
Park Lane Entrance
Mayfair
London W1K 1QA

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City Centre Retail Investment

Ground and basement let to Ferguson Interiors Ltd until 2020
City centre location on Derby Road (A610)
Nearby occupiers include The Strathdon Hotel, Flooring Trends, Welch Florists
and a number of other independent retailers
Six Week Completion

Lot 46
Auction 23rd May 2013
Rent £16,650 per Annum Exclusive
Status Withdrawn Prior
Price
Sector
High Street Retail
Auction Venue
The Dorchester Hotel
Park Lane Entrance
Mayfair
London W1K 1QA

Property Information

Location

Miles: 26 miles north of Leicester; 37 miles south of Sheffield
Roads: A610, A6008, A6200
Rail: Nottingham Rail
Air: Nottingham Airport

Situation

The property is situated on the northern side of Derby Road (A610), one of the main arterial roads leading out of Nottingham city centre towards Junction 26 of the M1, close to its junction with Upper Parliament Street. Nearby occupiers include The Strathdon Hotel, Flooring Trends, Welch Florists, St Josephs School and a number of other independent retailers.

Tenure

Long Leasehold. Held for a term from completion until 9th September 2144 at a fixed grount rent of £1 p.a.

Location

Miles: 26 miles north of Leicester; 37 miles south of Sheffield
Roads: A610, A6008, A6200
Rail: Nottingham Rail
Air: Nottingham Airport

Situation

Tenure

Long Leasehold. Held for a term from completion until 9th September 2144 at a fixed grount rent of £1 p.a.

Description

The property comprises a ground floor retail unit with basement storage accommodation.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor retail unit with basement storage accommodation.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Ground Lower Ground	Retail Retail/Storage	89.19 sq m 76.18 sq m	(960 sq ft) (820 sq ft)	FERGUSON INTERIORS LTD (1)	16 years 8 months from 02/02/2004 until 28/09/2020	£16,650	02/02/2013 and 3 yearly
Totals		165.37 sq m	(1,780 sq ft)			£16,650

(1) Ferguson Interiors Limited are one of the areas longest established kitchen specialists. They have been selling kitchens since 1975 in Nottingham and are still under the original ownership. (Source: www.fergusoninteriors.wix.com 25/04/2013)