Investment For Sale, Belper

LOCATION

The 1924 building is situated on Campbell Street, at its junction with the A609 New Road, providing a link to King Street, which is the prime retailing area for Belper. Belper is a Market Town, and lies approx. 7-miles to the north of the city of Derby. Belper was one of the first Mill Towns, and now forms part of the Derwent Valley Mills World Heritage Site, and benefits from good transportation links, with road, bus and train links to Derby and Matlock.&nbsp&nbspWhat 3 Words /// remotes.cooked.bronzes

DESCRIPTION

The 1924 building originally formed part of the old Putty Manufacturing Works for Adshed Ratcliffe & Co. Ltd, and was subsequently used as a showroom for a local builders merchant. The building has been extensively refurbished to create an indoor shopping arcade/business centre, providing a total of EIGHTEEN kiosk-style shops. The building has timber-framed double glazed windows to Campbell Street, two access points with external security shutters, Wi-Fi, CCTV, and air-conditioning. Internally, the space has been partitioned to provide letting units, which are very well-presented. All units have electricity sub-meters.&nbsp&nbspThe individual work spaces can be used for a variety of uses including offices, consulting rooms, retail, or clinic. The internal partitions are demountable, and the internal arrangements could be configured to suit occupiers.

FLOOR AREAS

The individual units range in in size from 112 sq. ft./10.4 sqm. up to 202 sq. ft./22.48 sqm. The GIA of the building is 4,660 sq. ft./432.16 sqm. or thereabouts.

BUSINESS RATES

All units are assessed individually for non-domestic rating purposes. Subject to satisfying certain criteria, the individual spaces could benefit from Small Business Rates Relief. Interested parties should make their own enquiries with the local authority, Amber Valley Borough Council.

PLANNING

The property falls within Use Class E as defined by the Town & Country Planning (Use Classes) Order 1987, (Amended) (England) Regulations 2020.&nbsp&nbspThe building is located within a World Heritage Site.

ENERGY PERFORMANCE CERTIFICATE (EPC)

EPC Rating D85, expires 02.07.2027.

ANTICIPATED RENTS/COSTS

If the property is fully let, based on the existing configuration, it is anticipated that the annual rent is circa. £90,000.&nbsp The annual costs for supplying all the services, excluding management fees is in the order of £21,000. Therefore, there is potential to obtain gross receipts of circa. £70,000 per annum.

TENURE

Freehold, with vacant possession provided upon completion.

METHOD OF SALE

By way of public auction through Messrs. BTG Eddisons Property Auctions on Thursday 26th March 2026, with a guide price of £250,000 (two hundred and fifty thousand pounds), plus fees.

VALUE ADDED TAX (VAT)

We understand that VAT is elected on the property, and therefore, VAT will be payable on the purchase price.

VIEWINGS

Strictly by prior appointment with the joint sole agents -

Gadsby Nichols

Tel&nbsp&nbsp&nbsp&nbsp&nbsp 01332 290390

Email&nbsp&nbsp andrewnichols@gadsbynichols.co.uk

BTG Eddisons Property Auctions

Tel&nbsp&nbsp&nbsp&nbsp&nbsp 0345 646 2288

Email&nbsp&nbsp enquiries@btgeddisonspropertyauctions.com

Interested parties are invited to register to bid, and download the information pack.

OUR ANTI-MONEY LAUNDERING (AML) POLICY

In accordance with AML regulations, TWO forms of identification will be required from the successful applicant(s), i.e. passport or photo driving licence, and utility bill or council tax bill, etc. (not a mobile phone bill), together with references.

SUBJECT TO CONTRACT