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1 Brunel Parkway, Pride Park, Derby DE24 8HR

Offers in Region of
£350,000

£169.99 per sq ft

Business rates & charges may apply

Salloway Property Consultants, Derby
SIZE AVAILABLE

2,059 sq ft

191 sq m

SECTOR

Commercial property for sale

Key features

  • Freehold investment, let on a floor-by-floor basis.
  • Ground Floor let to Uplands Retail with effect from1st May 2025 by way of a 5-year lease.
  • First Floor let to Syntax with effect from 1st May 2025 by way of a 3-year lease.
  • Break Date/Lease expiration 30th April 2028.
  • Combined income of £25,000 per annum exclusive.
  • Potential for rental growth.
  • Net Initial Yield of 6.9% after purchaser's costs.

Description

The property comprises a purpose built two-storey, end of terrace office building with facing brick elevations inclusive of powder coated aluminium double glazed window units and entrance doors, surmounted by a pitched tile roof.
Internally, the property is occupied on a floor-by-floor basis, with each floor having self contained welfare facilities and separately metered utility supplies.
The ground floor is occupied by Uplands Retail and is configured to provide a large open plan office area with a separate meeting room, kitchenette/break out area and store. This office benefits from painted plaster walls and glazed partitioning, suspended ceilings with inset lighting, comfort cooling/heating, carpet floor tiles and raised floors with IT boxes.
The first floor is occupied by Syntax Consulting and consists of an open plan office which is of regular configuration together with two cellular rooms, formed with lightweight glazed partitions utilised as both meeting and tea making space. Like the ground floor, the offices at this level are finished to a comparable specification.
Externally the property has eight parking spaces, which are allocated to the existing tenants.

Brochures

1 Brunel Parkway, Pride Park, Derby DE24 8HR

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Derby Station0.4 miles
  • Peartree Station1.2 miles
  • Spondon Station1.9 miles

About Salloway Property Consultants, Derby

Royal Scot Road, Pride Park, Derby, DE24 8AJ

25 years of commercial property knowledge Salloway Property Consultants are recognised as a leading commercial property agency in the East Midlands. A team of Chartered Surveyors committed to a dynamic, cost-effective and results orientated service to both private and public sector clients. Providing solutions in all aspects of commercial and industrial property agency including disposals, acquisitions, investments, land and development. Offering dedicated professional services in valuation, lease negotiations, compensation and property audit.

Agency Disposal Services

Innovative and pro-active marketing combined with lateral thinking are key to the success of Salloway's agency services, supporting clients through the disposal or acquisition of single properties or multiple sites.

Agency Acquisition Services

Salloway understands that businesses evolve over time and that the properties they occupy need to be fit for purpose to ensure operating costs are effectively managed. The process of acquiring property, either through leasing or buying, can be challenging and time-consuming.

Professional Valuation Services

Providing a wealth of valuation experience and expertise underpinned by active involvement in agency markets across the East Midlands.

Professional / Advisory Services

Delivering the highest standards of professional advice on a wide range of property-related issues - a level of service that can only be achieved through market intelligence, negotiating ability and technical know-how.

Consultancy Development

Working closely with developers to maximise opportunities. With in-depth market knowledge, Salloway play an important role in identifying potential projects, assisting with schematic layouts, lining-up potential tenants and helping with funding requirements.

Consultancy Land

The sale or acquisition of land for residential or commercial development has become increasingly complex and expert advice is essential if a site is to realise its full potential.

Property Audit

Many businesses fail to recognise the full asset value of the property they occupy. Salloway is committed to ensuring clients achieve maximum return from their property and, at the same time, reduce unnecessary costs.

Investment Appraisal

With low rates of interest available from traditional banking investment methods, commercial property investments are offering increasing attractive rates of return.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 14860FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Salloway Property Consultants, Derby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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