24/25 Cornmarket Derby Derbyshire DE1 2DP

24/25 Cornmarket
Derby
Derbyshire
DE1 2DP

Freehold Retail Investment with Development Potential

Estate Agent/office with substantial further vacant accommodation
Change of use potential of upper floors to residential or student/serviced accommodation (subject to consents)
Immediate asset management opportunities
Estate Agent t/a Haart (holding over)
Approx.675.90 sq m (7,274 sq ft)
Prominent position on corner of Cornmarket and Albert Street in Derby city centre
Nearby occupiers include Primark, Superdrug, Caffe Nero, Tesco, Loungers, and HSBC.

Lot
26
Auction
18th September 2025
Rent
£48,000 per Annum Exclusive
Plus Vacant Shop (3,679 sq ft)
Status
Withdrawn Post
Price
Auction Venue
Live Streamed Auction

Interested?

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Freehold Retail Investment with Development Potential

Estate Agent/office with substantial further vacant accommodation
Change of use potential of upper floors to residential or student/serviced accommodation (subject to consents)
Immediate asset management opportunities
Estate Agent t/a Haart (holding over)
Approx.675.90 sq m (7,274 sq ft)
Prominent position on corner of Cornmarket and Albert Street in Derby city centre
Nearby occupiers include Primark, Superdrug, Caffe Nero, Tesco, Loungers, and HSBC.

Lot 26
Auction 18th September 2025
Rent £48,000 per Annum Exclusive Plus Vacant Shop (3,679 sq ft)
Status Withdrawn Post
Price
Sector
High Street Retail, Development
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 15 miles east of Nottingham, 27 miles north-west of Leicester
Roads: A6, A38, A50, A52, A61, M1 (Junction 25)
Rail: Derby Railway Station
Air: East Midlands Airport

Situation

Derby is a well established commercial retail and commercial centre with a population of over 260,000 and a student population of over 20,000. The property occupies a prominent position on the east side of Cornmarket with a return frontage onto Albert Street in the heart of Derby city centre. Nearby occupiers include Primark, Superdrug, Caffe Nero, Tesco, Loungers, and HSBC.

Tenure

Freehold.

Location

Miles: 15 miles east of Nottingham, 27 miles north-west of Leicester
Roads: A6, A38, A50, A52, A61, M1 (Junction 25)
Rail: Derby Railway Station
Air: East Midlands Airport

Situation

Tenure

Freehold.

Description

The property comprises two ground floor shops together with office and ancillary accommodation on the basement and upper two floors.

The upper floors may be suitable for a variety of alternative uses including residential and student/serviced accommodation. Illustrative plans have been drawn up to create two ground floor shops and six flats on the upper two floors. The plans are available to view within the legal pack.

VAT

VAT is applicable to this lot.

Planning

The property may lend itself to residential conversion, alternative uses and/or redevelopment, subject to obtaining all necessary consents. All enquires should be made with Derby City Council (www.derby.gov.uk)

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

Planning

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Address	Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.
24 Cornmarket	Ground First Basement	Retail/Office Office Ancillary	182.00 63.00 89.00	(1,959) (678) (958)	SPICERHAART RESIDENTIAL LETTINGS LIMITED t/a Haart	5 years from 30/04/2019 (holding over)	£48,000
25 Cornmarket	Ground First Second	Retail Ancillary Ancillary	61.80 109.70 170.40	(665) (1,180) (1,834)	VACANT
Total			675.90	(7,274)			£48,000

N.B. The floor areas stated above for 25 Cornmarket are those published by the Valuation Office Agency (www.voa.gov.uk).

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.