Prominent frontage on Derby’s main shopping street, adjacent to Derbion Centre
Total approx. 4,919 sq. m. (52,965 sq. ft.) over 5 Floors
Immediate Asset management opportunities
Of interest to owner occupiers
Nearby occupiers include Waterstones, Costa Coffee, Starbucks, Grape Tree, Subway, Tesco Express and PureGym
Lot 47
Auction 30th October 2025
Vacant
Status Available
Guide* £600,000
Sector High Street Retail, Development
Auction Venue Live Streamed Auction
Property Information
Location
Miles
14 miles east of Nottingham
Roads
A52, A6, A38, A61
Rail
Derby Railway Station
Air
East Midlands Airport
Situation
The property occupies a prime trading location on St Peter’s Street, Derby’s principal retail thoroughfare, immediately adjoining the Derbion shopping centre. The area is densely occupied by a mix of national retailers, cafés and leisure operators. Nearby occupiers include Waterstones, Costa Coffee, Starbucks, Grape Tree, Subway, Tesco Express and PureGym.
Tenure
Virtual Freehold. Held for a term of 999 years from 22/11/2018 at a ground rent of £1 per annum.
Location
Miles
14 miles east of Nottingham
Roads
A52, A6, A38, A61
Rail
Derby Railway Station
Air
East Midlands Airport
Situation
The property occupies a prime trading location on St Peter’s Street, Derby’s principal retail thoroughfare, immediately adjoining the Derbion shopping centre. The area is densely occupied by a mix of national retailers, cafés and leisure operators. Nearby occupiers include Waterstones, Costa Coffee, Starbucks, Grape Tree, Subway, Tesco Express and PureGym.
Tenure
Virtual Freehold. Held for a term of 999 years from 22/11/2018 at a ground rent of £1 per annum.
Description
The property comprises a substantial former department store retail building extending to approximately 4,919 sq. m. (52,965 sq. ft.) over basement, ground, first, second and third floors. There is an electricity substation within the legal boundary, please see the legal pack for further information.
VAT
VAT is applicable to this lot.
Note
The property provides a contribution towards the cost of shared facilities with Crown Walk. Details are provided within the legal pack.
Completion Period
6 week completion available
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a substantial former department store retail building extending to approximately 4,919 sq. m. (52,965 sq. ft.) over basement, ground, first, second and third floors. There is an electricity substation within the legal boundary, please see the legal pack for further information.
VAT
VAT is applicable to this lot.
Note
The property provides a contribution towards the cost of shared facilities with Crown Walk. Details are provided within the legal pack.
Completion Period
6 week completion available
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Basement Ground First Second Third
Ancillary Retail Ancillary Ancillary Ancillary
1,277 1,172 1,183 1,113 174
(13,747) (12,616) (12,738) (11,989) (1,875)
VACANT
Total
4,919
(52,965)
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.
