59-61 St. Peters Street, Derby, Derbyshire, DE1 2AB
£12.00 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
50,000-55,000 sq ft
4,645-5,110 sq m
- SECTOR
High street retail property for sale
Key features
- FOR SALE BY AUCTION 30TH OCTOBER 2025
- Substantial City Centre Retail Opportunity
- Prominent frontage on Derby's main shopping street, adjacent to Derbion Centre
- Total approx. 4,919 sq. m. (52,965 sq. ft.) over 5 Floors
- Immediate Asset management opportunities
- Of interest to owner occupiers
- Nearby occupiers include Waterstones, Costa Coffee, Starbucks, Grape Tree, Subway, Tesco Express and PureGym
Description
The property occupies a prime trading location on St Peter's Street, Derby's principal retail thoroughfare, immediately adjoining the Derbion shopping centre. The area is densely occupied by a mix of national retailers, cafés and leisure operators. Nearby occupiers include Waterstones, Costa Coffee, Starbucks, Grape Tree, Subway, Tesco Express and PureGym.
Tenure
Virtual Freehold. Held for a term of 999 years from 22/11/2018 at a ground rent of £1 per annum.
Description
The property comprises a substantial former department store retail building extending to approximately 4,919 sq. m. (52,965 sq. ft.) over basement, ground, first, second and third floors. There is an electricity substation within the legal boundary, please see the legal pack for further information.
VAT
VAT is applicable to this lot.
Note
The property provides a contribution towards the cost of shared facilities with Crown Walk. Details are provided within the legal pack.
Completion Period
6 week completion available
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
59-61 St. Peters Street, Derby, Derbyshire, DE1 2AB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Derby Station0.6 miles
- Peartree Station1.5 miles
- Spondon Station2.8 miles
Notes
Disclaimer - Property reference A13360-LOT47-Derby. 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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