24-25 Cornmarket, Derby, Derbyshire, DE1 2DP
£110.00 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
5,000-10,000 sq ft
465-929 sq m
- SECTOR
High street retail property for sale
Key features
- FOR SALE BY AUCTION 18TH SEPTEMBER 2025
- Estate agent office with substantial further vacant accommodation
- Change of use potential of upper floors to residential or student/serviced accommodation (subject to consents)
- Immediate asset management opportunities
- Estate Agent t/a Haart (holding over)
- Approx.675.90 sq m (7,274 sq ft)
- Prominent position on corner of Cornmarket and Albert Street in Derby city centre
- Nearby occupiers include Primark, Superdrug, Caffe Nero, Tesco, Loungers, and HSBC.
- Rental income £48,000 per Annum Exclusive Plus 3,679 sq ft vacant
Description
Derby is a well established commercial retail and commercial centre with a population of over 260,000 and a student population of over 20,000. The property occupies a prominent position on the east side of Cornmarket with a return frontage onto Albert Street in the heart of Derby city centre. Nearby occupiers include Primark, Superdrug, Caffe Nero, Tesco, Loungers, and HSBC.
Tenure
Freehold.
Description
The property comprises two ground floor shops together with office and ancillary accommodation on the basement and upper two floors.
The upper floors may be suitable for a variety of alternative uses including residential and student/serviced accommodation. Illustrative plans have been drawn up to create two ground floor shops and six flats on the upper two floors. The plans are available to view within the legal pack.
VAT
VAT is applicable to this lot.
Planning
The property may lend itself to residential conversion, alternative uses and/or redevelopment, subject to obtaining all necessary consents. All enquires should be made with Derby City Council (
EPC
The EPC will be available to view online in the solicitor's legal pack.
For further information, to register your interest in this property and download the legal pack, please visit the Acuitus website.
Brochures
24-25 Cornmarket, Derby, Derbyshire, DE1 2DP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Derby Station0.7 miles
- Peartree Station1.7 miles
- Spondon Station2.8 miles
Notes
Disclaimer - Property reference A13014Derby. 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 Acuitus Limited, Acuitus. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Acuitus Limited, Acuitus on 020 7870 2773.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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