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Derby, Derbyshire, CITY CENTRE OFFICE INVESTMENT PROPERTY | Derby DBY | 2901650040

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£500,000

Derby, Derbyshire, CITY CENTRE OFFICE INVESTMENT PROPERTY

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Derby, Derbyshire, CITY CENTRE OFFICE INVESTMENT PROPERTY in Derby DBY is a House
Derby, Derbyshire, CITY CENTRE OFFICE INVESTMENT PROPERTY in Derby DBY is a House
Derby, Derbyshire, CITY CENTRE OFFICE INVESTMENT PROPERTY in Derby DBY is a House
Derby, Derbyshire, CITY CENTRE OFFICE INVESTMENT PROPERTY in Derby DBY is a House
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Price:
Contact:
01332 200388
Location:
Derby, Derbys
Description:

CITY CENTRE OFFICE INVESTMENT PROPERTY
Situated in the central commercial district within the Cathedral Quarter this prominent office property is arranged in office suites over 3 floors. Requiring some refurbishment the investment offers scope for a sizeable increase in rental income. Early viewing is recommended.


Details


St James Chambers, St James Street, Derby, DE1 1QZ
CITY CENTRE INVESTMENT PROPERTY

Offers in the Region of 500,000



Valuable City Centre Investment
Office Suites on 3 Floors
Requiring some Refurbishment
Scope for Rental Increase
May Suit Alternative Uses
Viewing Recommended

Description
CITY CENTRE OFFICE INVESTMENT PROPERTY Situated in the central commercial district within the Cathedral Quarter this prominent office property is arranged in office suites over 3 floors. Requiring some refurbishment the investment offers scope for a sizeable increase in rental income. Early viewing is recommended.
Directional Note
Located within Derby City centre, St James Street links The Cornmarket with Victoria Street and The Strand.
The offices are situated above the former Barclays Bank premises on the corner of the Market Place.
Accommodation
First Floor
Managers OfficeNot Measured
Office Suite1996 sq ft - Open plan with partitioned offices.
(Formally let to Barclays Bank at 11,500 per annum)

Second Floor
Suite 1 425 sq ft
Room 1a200 sq ft
Rooms 2/3590 sq ft -Rental Income 4,000 per annum, excl.
Room 4104 sq ft
Rooms 5 and 7363 sq ft - Rental Income 3,000 per annum excl.
Rooms 6/8320 sq ft - Rental Income 2,352 per annum, excl.
Room 9165 sq ft
Room 10Stairwell entrance - Rental Income 295 per annum, excl.
Suite of Rooms 11/12/13/14/15964 sq ft

Third Floor
Rooms 16/17444sq ft - Rental Income 2,000 (temporary licence)
Room 17a200 sq ft
Room 18a270 sq ft
Room 18b216sq ft
Room 19104 sq ft
Rooms 20/21302 sq ft
Room 22207 sq ft - Rental Income 800 per annum excl.
Rooms 24/24a 330 sq ft
Room 25121 sq ft - Rental Income 850 per annum excl.
Room 26198 sq ft
Room 27180 sq ft
Room 28243 sq ft
Rooms 29/30272 sq ft
Room 31138 sq ft
Room 32110 sq ft
Room 33138 sq ft
Rooms 34/35274 sq ft - Rental Income 1,500 per annum excl.

Tenure
We are advised verbally by the vendor that the property is freehold and is offered subject to existing tenancies with part vacant possession on completion. Purchasers are recommended to have this information verified by their solicitors.

Services
All mains services apart from gas are believed to be connected to the property but confirmation should be sought from the statutory undertakers. No tests have been carried out to any services, installations or fixtures and fittings within the property. Prospective purchasers are advised to undertake their own investigations concerning their suitability and condition.

Viewing
Please ring us to make an appointment. We are open from 9.00am to 5.00pm Monday to Friday and 9.00 am to 2.00pm Saturdays.

Date of Particulars: 26 January 2012
Property Misdescriptions Act 1991
The agents Measurements have been taken with all due care but should be used as an approximate guide only, they must not be used for ordering carpets, furniture or fittings. The agents comments are given as their opinion as to the nature of the property and its environment and purchasers are encouraged to view the property to make their own judgement. Prior to viewing if there is a particular point which is of concern or interest, we would be pleased to make further enquiries.

Property Type:
Single-Family Houses
Sq feet:
200 sq. ft.
For sale by:
Agent/Broker
Phone:
01332 200388
January 25 on Facebook
Contact:
01332 200388
  1. Let me know if you have any questions. – Jeffery Jones Partnership
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