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Commercial property for auction

Derby, DE22 - Get Access

Description

The premises comprise a semi-detached former food retail unit of traditional brick construction surmounted by a flat roof to the front and pitched roof to the rear. Access to the property is provided via the uPVC framed double glazed personnel door on the front elevation leading directly off Merchant Street. Internally, the property provides a customer/service area to the front with kitchen behind and store to one side. Towards the rear there are two further storage rooms and WC facility. Access to the first floor is provided via a staircase within the rear storage room with the accommodation at first floor level providing a singular storage room. In terms of specification, the majority of the space to the front of the property is made up of partitioning so could be opened up to create a larger, open plan retail space. The remainder of the space is made up of a traditional dwelling and incorporates carpet floor coverings, painted plaster walls and ceilings inclusive of a combination of pendant and strip lighting. Ground Floor: 67.82 square metres / 730 square feet. First Floor: 17.84 square metres / 192 square feet. Total Net Internal Area: 85.66 square metres / 922 square feet. The subject property benefits from Use Class E planning consent under the Town and Country Planning (Use Classes) (Amendment) (England) Regulations 2020. The property is located within the Friar Gate Conservation Area. Derby is a major commercial centre within the East Midlands region, situated approximately 8 miles to the west of junction 25 of the M1 motorway and 40 miles northeast of the city of Birmingham. The city has a residential population of approximately 250,000 and traditionally draws upon a stable industrial and engineering employment base. The subject property is located on Merchant Street, just off Ashbourne Road which is an arterial route in and out of the city centre from the west, forming part of the main A52 thoroughfare linking the city centre with the Markeaton traffic island and the Outer Ring Road.
Comparable sales
2, Shaw Street, DE22 3AS 0.0 mi
House • Mid-Terrace 4 rooms EPC C (2025)
635 sq ft
£168,000
1 year ago
111, Markeaton Street, DE1 1DX 0.0 mi
House • Mid-Terrace 6 rooms EPC D (2024)
1,238 sq ft
£195,000
11 months ago
Flat 30, Halcyon, 65 - 71, Ashbourne Road, DE22 3FS 0.0 mi
Flat • Semi-Detached 3 rooms EPC B (2022)
646 sq ft
£100,000
6 months ago
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 922 sq ft (Listing)

This semi-detached former retail unit in Derby was assessed using commercial market comparables and local high street rate per square foot metrics. The property features a mixed ground and first-floor layout spanning 922 sq ft with Use Class E consent. Condition is standard commercial standard with partitioned rooms and traditional finishes requiring minor reconfiguration for open-plan use.

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