43 Iron Gate, Derby, DE1 3FT
£500,000+
Commercial
Key Features
- A substantial Grade II Listed Georgian period property extending to circa 6,883 sq ft
- Situated in the heart of the historic Cathedral Quarter in Derby City Centre
- Full Planning Permission for conversion of the upper floors to provide 11 flats
Part of the
14 August 2025
auction
Trent Bridge Cricket Ground
at
2.30PM
A substantial Grade II Listed Georgian period property, formerly occupied by Lloyds Bank in the heart of Derby city centre. Extending to circa 6,883 sq ft in total and with planning for conversion of the upper floors to provide 11 flats.
- Situated in the heart of the historic Cathedral Quarter
- At the head of Iron Gate, overlooking the Market Place
- Sadler Gate is the return frontage street, a popular retail area
- These streets are regarded as the principal food & drink circuit
- Formerly occupied by Lloyds Bank with extensive upper floors
- GF: Banking Hall, rear office and meeting rooms (2,397 sq ft)
- FF: Office rooms and storage (2,903 sq ft)
- SF: Offices (1,583 sq ft)
- Total Floor Area approximately (6,883 sq ft) - source VOA
- Planning in place to covert uppers to 11 flats
- Would include 6 x studios and 5 x one beds
- Planning ref 22/01519/FUL
- Planning for conversion of GF into a Cosmetic Surgery
- Ref for GF (22/01520/LBA)
- Proposal to alter to either 23 or 29 flats (inc GF)
Contact Auction Estates on 0115 7844600
Fees
A buyer's premium of £1,800 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.
Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Freehold
Refer to Legal Pack