Agent Details

BB&J Commercial

4a & 5 Bramble Street, Derby, Derbyshire

3798 SqFt

Freehold


Freehold £400,000 Offers In Excess Of

Description

This is a valuable opportunity to purchase a City Centre residential development opportunity which comprises two Victorian era buildings traditionally built of brick and slate, centred around a communal courtyard with self-contained gated access.

The available opportunity currently has planning consent granted by Derby City Council under reference 23/00079/PNRIA for the change of use from offices to 6 apartments.

Built over three storeys across two properties, the proposed apartments vary in size and will all be fully self-contained comprising a living room / dining room / kitchen, one double bedroom and ensuite shower room.

This area of Derby City Centre is currently on the rise with significant interest ongoing which includes the brand new performance venue due to open in early 2025 with St James' Securities redevelopment of Duckworth Square currently completed within phase one of the Becketwell Regeneration Scheme.

We anticipate due to redevelopment within the area the completed scheme will be suitable for letting out to professionals and / or short term lets from those attending the nearby performance venue.


Location

The property is situated within Derby City Centre, accessed via Bramble Street, with the much anticipated Becketwell Regeneration Scheme within a short walk. The Derbion shopping centre, Derby's Cathedral Quarter and a wide range of other facilities are also close by.

Accommodation

The accommodation is measured of a Gross Internal Area basis in accordance with the RICS Code of Measuring Practice (Sixth Edition):

Total Gross Internal Area: 3,798 sq ft / 353 sqm

Planning

Full planning consent has been granted by Derby City Council under reference 23/00079/PNRIA.

Further information including plans, planning consents and site details are available from BB&J Commercial at request.

Services

It is understood that all mains services are available to the scheme.

Rates

The properties are currently listed on the Valuation Office website as having a rateable value of:

4a Bramble Street: £12,000
5 Bramble Street: £8,900

Interested parties are advised to contact the local building authority for further information with regard to the rates payable.

Legal Costs

Each party is to bear their own legal costs in connection with this transaction.

VAT

We have been informed by the owners the site is not subject to VAT.

All figures quoted are exclusive of VAT.

Viewing

Strictly via appointment with sole agent BB&J Commercial.


Key features

  • Located within Derby City Centre next to the much anticipated Becketwell Regeneration Scheme
  • Full planning consent for conversion to residential use
  • The site has a combined Gross Internal Area circa 3,798 sq ft / 353 sqm
  • Offers are invited in excess of £400,000

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