Retail premises for sale in St. Thomas Road, Derby DE23

Normanton is a popular suburb some 2 miles south of Derby city centre with a population of 20,000 persons (2021 census).
Road communications are good, the suburb is situated between the inner ring road (A601) and the outer ring road (A511) the latter providing a connection to the A38 trunk road at Kingsway and the A6 (A50) trunk road at Raynesway. St Thomas Road is a main spine road in the suburb and connects to the principal thoroughfare Pear Tree Road to the north and to the outer ring road to the south.
The Subject is situated on the east side of St Thomas Road close to the junction with Harrington Street. Nearby uses are predominantly residential with some commercial.
The property comprises a single storey ground floor lock-up shop of brick construction beneath a pitched / flat roof with a traditional glazed retail frontage.
Internally the unit provides open plan retail sales with a store room, kitchenette and WC.
The specification includes laminate floors, painted plaster walls, suspended ceilings and recessed lighting.
Externally there is a small concrete forecourt and a rear yard. The property has a front door and an exit to the rear for pedestrian access.
Mains electricity, water and drainage appear to be connected to the property. We have not tested the services. If a letting the tenant is to be responsible for all utilities used by the property.
£10,000 per annum exclusive (P.A.X.)
A deposit may be required in the event of a letting, subject to status.
Guide Price £125,000.
We are advised that VAT is not applicable.
The property has a rateable value of £8,200 in the 2023 rating list (Source: Voa).
The premises are available on new full repairing and insuring lease terms for a negotiable period of years subject to rent reviews where appropriate.
The premises are also available freehold with vacant possession.
The property has an EPC of d-767 valid until 11th April 2034.