Development Site, Cornmarket, Derby
Summary
Development site with planning permission in Derby City Centre
Description
Transaction: Freehold for sale
Address: 39 Cornmarket, Derby, DE1 2DG
Type: Investment, Bar, Public House, Cafe, Restaurant, Alternate Use, Retail, Land / Development
Tenure: Freehold
The property comprises of a former restaurant/cafe bar which previously traded as 'Little Frankies'. The property has been stripped to shell state and briefly comprises the ground floor access off the Cornmarket which leads to a former waiting/bar area with the property broadening to the rear which once provided the dining/seating area and which has additional access onto the "lock up yard".
The first floor previously housed the commercial kitchen and large food preparation area the north-eastern end of the building, a large room at the southern end of the building and all of the former offices and customer WC's for the former restaurant.
The second floor is largely open plan at the rear and subdivided in the front portion. This floor appears to have been unused since the early 1980's with the exception of the front office overlooking Cornmarket. The upper floor is a large open plan space with sub walls which do not reach the ceiling height.
The property benefits from Planning Permission for change of use of first, second and third floors from offices/staff facilities to seven flats (use class C3) and sub-division of the ground floor to form two retail units (use class A1), dated 30/10/2017.
The Net Internal Area of the ground floor has been measured at 198.32 sq.m / 2,135 sq ft.
Price
£550,000
Price type:
Fixed
Key facts
Asking price
£550,000
Location
39 Cornmarket, Derby, DE1 2DG
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
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