4-26 Firs Parade, Matlock, Derbyshire, DE4 3AS
- Size
- 15,085 sq ft
- Tenure
- Freehold
- Property type
- Commercial Investment
- Availability
- Available
About this property
Location
Matlock is the historic county town of Derbyshire and the administrative centre of the county, set on the River Derwent at the southern gateway to the Peak District National Park. It lies approximately 8 miles south-west of Chesterfield and 17 miles north of Derby, with the A6 running through its centre and onward links to the M1 (Junction 28). Matlock railway station provides direct services to Derby and the wider network. As a principal retail and service centre for the Derbyshire Dales, Matlock draws on an affluent, stable resident catchment together with an exceptional visitor economy. National and multiple occupiers trading nearby include an M&S Foodhall, Greggs and Specsavers, complementing a lively, characterful independent retail offer along Dale Road and Crown Square.
Description
The property comprises a substantial two-storey purpose-built retail parade of brick construction beneath predominantly flat roofs, arranged to provide eleven self-contained retail units together with a larger anchor unit (26) let to Yorkshire Trading Company. The units present modern glazed frontages to Firs Parade with ground floor sales areas and ancillary accommodation, extending to approximately 15,085 sq ft (1,401 sq m) in total. A key attraction is the dedicated rear service yard, providing on-site car parking for tenants alongside level loading directly to the rear of the units. This is a rare and valuable amenity for a town-centre parade: it removes reliance on the public highway, greatly eases servicing and deliveries, and materially enhances the appeal of the units to occupiers - supporting both retention and rental resilience. The parade is held freehold, with the individual units let on occupational underleases drawn on an effectively full repairing and insuring (eFRI) basis. A run of recently completed transactions - including a new 21-year lease to New China, a new 10-year lease to anchor Yorkshire Trading, and completed renewals to the British Heart Foundation and Ashgate Hospicecare - demonstrates the enduring strength of occupational demand at Firs Parade.
Tenure Comments
Freehold, subject to and with the benefit of the occupational underleases.
EPC
Individual unit EPCs are available in the Data Room; none is rated below E.
Planning
We understand the units benefit from E Class planning use. Interested parties are advised to make their own enquiries.
VAT
The property is registered for VAT. It is anticipated the transaction will be treated as a Transfer of a Going Concern (TOGC), subject to the purchaser's VAT position.