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The Friary, Friar Gate, Derby, DE1 1FG

Offers in Excess of
£850,000

£30.49 per sq ft

Business rates & charges may apply

NG Chartered Surveyors, Nottingham
SIZE AVAILABLE

27,878 sq ft

2,590 sq m

SECTOR

High street retail property for sale

Key features

  • City Centre Public House and Nightclub
  • Ground floor trading accommodation
  • First and second floor office accommodation
  • Former hotel block to the rear
  • Staff accommodation
  • Site extends to 0.64 acres
  • Offers over £850,000 plus VAT

Description

The Property comprises a detached three storey Grade II Listed building, originally constructed in 1730. The Property has been extended a number of times over the years.

The elevations are of brick construction with a covered entry and sash windows. To the rear there is a large single storey extension beneath a flat roof. A 'T' shaped three storey former hotel block, most likely constructed in the mid to late 20 Century, adjoins the extension and original building.

Overall, the property extends to 0.64 acres.

The Property is located fronting the A52 Friar Gate in Derby city centre. Derby is a city on the River Derwent in Derbyshire, 15 miles west of Nottingham and 30 miles north of Leicester.

The immediate locality is generally commercial in nature, on the edge of the main retail area, with a mixture of local businesses and offices fronting the A road. The location is close to Derby University and nearby student accommodation.

The present trading accommodation is as follows:

FRIARY PUBLIC HOUSE – located predominantly to the ground floor of the original building. Open plan L shaped public bar, with casual dining, to a central bar servery. To the rear there is a games room. Customer WC’s. The interior is described by Historic England as having ‘good panelled rooms and plaster ornament of mid C18 and late C18, and a late C18 dining room with good ornament and tactful modern treatment’.

POPWORLD – located within the original building, ground floor of the hotel block and single storey extension. Separate entrance to the front with reception and ticket area, leading into an open plan club room with bar servery. Catering kitchen, ground floor beer cellar and customer WC’s.

THE HUB – located to part of the first and second floor of the original building, accessed via a central staircase to the rear of the Friary bar servery, is office accommodation. The office is configured to provide five offices, conference room, kitchen and staff WC’s.

LIVING ACCOMMODATION – to the first floor of the original building there is a kitchen, one ensuite bedroom, and five bedrooms.

STORAGE – to the second floor of the original building there are four former hotel bedrooms presently used for storage.

FORMER HOTEL BLOCK –the first floor of the former hotel block provides a lounge and 11 ensuite bedrooms, all of which are in a poor semi derelict condition. The rooms have mostly been stripped of fixtures and fittings, with signs of water ingress and repairs throughout. We could not gain access to the second floor of the hotel accommodation but assume a similar configuration of the first.

EXTERNAL – to the rear of the Friary, there is an enclosed beer patio for approximately 80 covers. To the side there is an enclosed service yard. To the rear of the hotel extension there is car parking for approximately 10 vehicles and bins stores.

The property is held freehold on title number DY42912.

Unconditional offers over £850,000 plus VAT are invited for the benefit of our client’s freehold interest with vacant possession.

The Property is listed in the 2023 Rating List with a Rateable Value of £120,000.

The Property is Grade II Listed and located within the Friar Gate Conservation Area.

The Property has been granted a Premises Licence in accordance with the Licensing Act 2003.

We are verbally advised that all mains services are connected to the Property.

No fixtures and fittings will be included in the sale unless agreed. Any branded or leased items and any items owned by third parties will also be excluded.

Not applicable.

VAT will be applicable at the prevailing rate.

Each party to be responsible for their own legal and professional costs incurred in this transaction.

Money Laundering Regulations require the joint marketing agents to conduct checks upon all purchasers. Prospective purchasers will need to provide proof of identity and residence.

All viewings must be arranged strictly by appointment with the joint selling agents Savills and NG Chartered Surveyors.

Brochures

The Friary, Friar Gate, Derby, DE1 1FG

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Derby Station1.0 miles
  • Peartree Station1.8 miles
  • Spondon Station3.2 miles

About NG Chartered Surveyors, Nottingham

8 Landmere Lane West Bridgford Nottingham NG12 4DG

NG is a leading firm of Chartered Surveyors, established in 1980 in Nottingham. We are still invested in Nottingham and remain deeply committed to the East Midlands.

With huge experience and extensive knowledge, we are here to help and guide you through your commercial property journey. At NG we understand the importance of technology and what that offers our business, as well as yours, allowing us to stay ahead of the game and continue to be at the forefront of the commercial market in the East Midlands.

We provide a wide range of industrial and commercial property services to an extensive portfolio of local and national clients, many of whom have been loyal to us for years.

Our services include:

Acquisitions

Commercial Property Investment

Commercial Property Development

Commercial Property Agency

Property Management

Residential Block Management

Commercial Property Valuations

Residential Property Valuations

Schedules of Dilapidations

Schedules of Condition

Our success comes from a quiet determination to do the finest job we can. Never complacent, we treat every client as if they were our first and know how to build lasting businesses relationships.

NG works to the highest standards of service and professionalism. All our Surveyors and directors are members of the Royal Institution of Chartered Surveyors.

Whilst it is something of a cliché, our people are talented, dedicated and have a strong team spirit. Our expert team specialise in specific areas and we will always ensure you are liaising with an expert in their field. We are pride ourselves on being different, from diverse backgrounds and our family feel ensures we don't come across as corporate, we take the personalised approach in everything we do.

Clients trust our advice, which combines detailed knowledge with experience and, very importantly, honesty. We build lasting relationships with clients and many repay us with the greatest compliment of all - by returning to do more business, year after year.

Contact us today to find out more about any of the properties shown or if you have a general query or question, the team will be here to help and support you.

Notes

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Disclaimer - Property reference 315472-1. 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 NG Chartered Surveyors, Nottingham. 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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