25-27 Nottingham Road, Borrowash, Derby

Two immediately adjoining, interconnecting, ground floor retail units. Available as a whole, or individually. Prominent position, adjacent to Nottingham Road, in the centre of Borrowash. Ideal for occupiers or investors. Sale of the Virtual Freehold. Guide price £177,500 (one hundred and seventy-seven thousand, five hundred pounds) as a whole. Consideration would be given to selling the units individually. In this respect, the split would be £90,000 (ninety thousand pounds) for 25, and £87,500 (eighty-seven thousand, five hundred pounds) for 27.
25 Nottingham Road Retail Area - 310 sq. ft. / 28.76 sqm. (including kitchen & WC) 27 Nottingham Road Retail Area - 334 sq. ft. / 31 sqm. (including kitchen & accessible WC)
The property is situated off Nottingham Road within the centre of Borrowash. The position is convenient for a neighbourhood shopping parade at the adjoining Victoria Avenue, where occupiers include; a Co-Op, BJ Wilson Chemists, and Birds the Bakers.
Virtual Freehold
Hair Dressing Salon and Premises, with a rateable value of £6,800. Subject to satisfying certain criteria, the premises may benefit from Small Business Rates Relief. We understand the premises have existing use consent for A1, now use class E, of the Town and Country (Use Classes) Order 1987, (Amended) (England) Regulations 2020.
PRICE Guide price £177,500 (one hundred and seventy-seven thousand, five hundred pounds) as a whole. Consideration would be given to selling the units individually. In this respect, the split would be £90,000 (ninety thousand pounds) for 25, and £87,500 (eighty-seven thousand, five hundred pounds) for 27. VALUE ADDED TAX (VAT) The property is elected for VAT, an VAT will be payable on the sale price. LEGAL COSTS Each party to be responsible for their own legal costs.