Size
Site Area: 0.22 acres/0.09 hectares
Property Description
The property comprises an L-shaped site in a prominent location currently used for car sales. It is entirely hard surfaced with a two-storey car repair / office building.
A positive pre-application was received in 2021 for potential redevelopment of the site offering a scheme of two residential blocks containing a total of 21 apartments.
As the site is situated within an area that is so popular for lettings we anticipate a good level of interest. We have recently dealt with the sale of several sites and properties within the area for such redevelopment schemes due to strong demand in the locality from professionals, care workers and students alike due to the proximity of nearby employers such as Rolls Royce, Toyota and also the University of Derby City Centre Campus.
Location
The site is situated in a prominent location at the junction with Lara Croft Way and Abbey Street approximately half a mile due south of Derby city centre.
Surrounding land use is a mix of residential and commercial and the site is on a route with excellent public transport facilities into Derby city centre.
The area is popular for residential lettings both to the professional and student markets and is also increasingly sought after by those working at Derby Hospital which is a short distance away on the nearby Uttoxeter Road.
Derby is a major commercial centre within the East Midlands region, situated approximately eight miles to the west of junction 25 of the M1 motorway and 40 miles north
Planning and Development information:
The existing building has been measured on a gross internal area basis in accordance with the RICS Code of Measuring Practice as follows:
Gross Internal Area: 1,819 sq ft / 169 sqm
The entire site has a total area of circa 0.22 acres. We believe the property currently has planning consent under Sui Generis Use.
As stated a positive pre-application response has been received from Derby City Council in relation to a proposal for a redevelopment of the site comprising the erection of two residential blocks containing a total of 21 apartments submitted in September 2021.
A copy of correspondence and plans are available upon request.
Terms
- For Sale: £645,000 equating to £2,931,818 per acre
- Prices are subject to VAT unless otherwise stated
- Sale is subject to contract
Agent's Disclaimer
BB&J Commercial can confirm the following: 1 These marketing particulars are prepared for guidance purposes only and do not constitute part of an offer or a contract whatsoever or a statement of representation upon which any reliance can be placed. 2 All measurements, areas and distances are approximate and all descriptions, condition, permissions for use and occupation should not be relied on and any interested party should must statisfy themselves on these matters by inspection, independant advice or otherwise. 3 Neither BB&J Commerical or any of its employees or agents has any authority to make or give representation or warranty whatsoever in relation to the property. 4 BB&J Commercial have not tested any apparatus, equipment, chattel, services etc and therefore can give no warranty as to their availablility condtion or service ability. 5 All prices rents service charges etc are quoted exclusive of VAT unless stated otherwise.
There are no plans available to view for this property. Contact the agent for further information
Property Location
The site is situated in a prominent location at the junction with Lara Croft Way and Abbey Street approximately half a mile due south of Derby city centre.
Surrounding land use is a mix of residential and commercial and the site is on a route with excellent public transport facilities into Derby city centre.
The area is popular for residential lettings both to the professional and student markets and is also increasingly sought after by those working at Derby Hospital which is a short distance away on the nearby Uttoxeter Road.
Derby is a major commercial centre within the East Midlands region, situated approximately eight miles to the west of junction 25 of the M1 motorway and 40 miles north east of the city of Birmingham. The city has a resident population of approximately 250,000 and traditionally draws upon a stable industrial employment base, having longstanding historical connections with the railway industry and Rolls-Royce Engineering.
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