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603 London Road, Derby, Derbyshire

Guide Price
£400,000

Business rates & charges may apply

Innes England Ltd, Derby
SIZE

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SECTOR

Residential development for sale

Key features

  • Approx 6,479 sq ft (601 sq m)
  • Planning secured for residential property in multiple occupation with 20 Rooms
  • Conversion works advanced including first fix elecs/plumbing
  • Being sold at auction Thurs 25th September via SDL Property Auctions

Description

The property, originally the Portland Hotel and public house, is a substantial building on a corner plot and is of three storey traditional brick construction with attractive exterior with feature brickwork and mouldings. There are wooden casement windows with original stain glass detailing on the first floor windows.

The building has secured planning for change of use from Retail with Flats into four flats in multiple occupation providing a total of 20 rooms.

The rooms essentially provide studio style accommodation, each of which have an en-suite shower room with wash hand basin and w.c.

Substantial works have already been completed to form the partitions for the individual rooms with plaster and painted finishes and the first fix for electrics and plumbing are also completed. Some of the en-suites have tile works and fixtures installed.

The plans show for four separate communal kitchen and lounge areas.

There is a small part single and part two storey outbuilding to the rear with planning for shared workspace, gym and sauna although none of these works have been commenced. This building has had some fire damage.

Externally there is an enclosed courtyard with plans providing for cycle rack storage although could potentially provide some parking.

Full plans and details available on request

Brochures

603 London Road, Derby, Derbyshire

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Derby Station0.8 miles
  • Peartree Station1.1 miles
  • Spondon Station1.8 miles

About Innes England Ltd, Derby

7 Riverside Court, Pride Park, Derby, DE24 8JN

Derby Office

Innes England works with clients across the UK, with a special focus on the East Midlands. As the most active agent in the East Midlands for ten consecutive years*, this means we put more of our energy into driving results for our clients than any other agent in the region.

We are the only commercial property consultancy to have offices in Derby, Leicester and Nottingham, giving us an unrivalled local knowledge which allows us to offer relevant, tailored and well-informed advice to our clients.

Our extensive team provides expertise spanning the entire commercial property spectrum with surveyors, retail specialists and property asset management professionals backed up by a highly capable support team. Our shareholding directors take a hands-on approach, working in the business on a day-to-day basis and offering their experience and know-how to clients' projects.

We have a proven track record of delivering real results, and have worked with an enviable client list on countless successful projects, always with a focus on finding a commercial, viable solution, reducing risk and maximising value.

Innes England offers services in:

Acquisitions, disposals and lettings

Land sales and commercial development

Property asset management

Investment services

Business rates, lease consultancy and valuation

Building consultancy

Energy consultancy and Energy Performance Certificates (EPCs)

Nottingham office

https://www.rightmove.co.uk/estate-agents/agent/Innes-England-Ltd/Nottingham-89794.html

Leicester Office

https://www.rightmove.co.uk/estate-agents/agent/Innes-England-Ltd/Leicester-88897.html

Notes

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Disclaimer - Property reference 8768FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Innes England Ltd, Derby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Innes England Ltd, Derby on 01332 215690.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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