Property Details

The subject properties are located on Lloyd Street toward the west periphery of Derby's inner city centre approximately 0.9 miles to the city centre itself. The locality is predominantly residential but also offers several commercial uses close to the city. However, the site does benefit from good road communications via Ashbourne Road and Uttoxeter New Road to Derby's ring road, with junction 25 of the M1 approximately 8 miles to the east and the A38 approximately 8.5 miles to the west.

The Opportunity Comprises A 1900s Two-storey Four-bedroom End-terraced Residential Property Fronting Lloyd Street With The Rear Property Comprising A 1950s Two-storey Industrial Unit Accessed Via The Under Croft. The Residential Property Comprises A Traditional Solid Brick Wall Building Beneath A Pitched Tiled Roof And Is Currently Unoccupied With The Potential For Hmo Re-development. The Industrial Property To Rear Comprises A Steel Portal Frame With Solid Brick And Block Walls Beneath A Pitched Corrugated Steel Roof Which Is Currently Leased At £650 Per Calendar Month (£7,800 Per Annum Exclusive) On Full Fri Lease Terms For 5 Years Commencing The 1st July 2022. Location The Subject Properties Are Located On Lloyd Street Toward The West Periphery Of Derby's Inner City Centre Approximately 0.9 Miles To The City Centre Itself. The Locality Is Predominantly Residential But Also Offers Several Commercial Uses Close To The City. However, The Site Does Benefit From Good Road Communications Via Ashbourne Road And Uttoxeter New Road To Derby's Ring Road, With Junction 25 Of The M1 Approximately 8 Miles To The East And The A38 Approximately 8.5 Miles To The West. Accommodation The Accommodation Has Been Measured On A Gross Internal Area Basis In Accordance With The Rics Code Of Measuring Practice (6th Edition): Gross Internal Area: 4,070 Sq Ft / 378.1 Sq M Planning We Understand That The Property Has Planning Consent For Use Class E And Use Class C3. All Planning Information Should Be Confirmed With The Local Authority. Services It Is Our Understanding That All Mains Services Are Connected To The Property. Rates The Property Is Listed On The Valuation Office Website As Having The Following Rateable Value: Store & Premises: £7,600 Legal Costs Each Party Are To Bear Their Own Legal Costs In Connection With This Transaction. Vat It Is Out Understand That Vat Is Not Applicable To This Property. All Figures Are Quoted Exclusive Of Vat. Viewing Viewing Is Strictly Via Appointment With Sole Agent Bb&j Commercial.