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78-79 Friar Gate

2,427 SF Office Condo Unit Offered at $431,164 in Derby DE1 1FL

Investment Highlights

  • Located within a popular and established trading location
  • 0.5-miles from the city centre
  • Five car parking spaces to the rear

Executive Summary

The property comprises two attractive, immediately adjoining, and interconnecting, three-storey office premises of brick construction with stone dressings to the windows, and bays to the ground floor offices, under a pitched tileclad roof. Friar Gate is located to the west of Derby city centre, with the subject offices being located 0.5-miles from the centre, at the junction with Larges Street. The location is widely regarded as one of the most prestigious office areas within Derby, due to its proximity to the city centre, ease of access to the A38, and Markeaton Island, together with Derbys’ inner ring road system.

Property Facts Sale Pending

Price $431,164
Unit Size 2,427 SF
No. Units 1
Total Building Size 1,296 SF
Property Type Office (Condo)
Sale Type Owner User
Building Class B
Floors 4
Typical Floor Size 324 SF
Year Built 1975
Tenancy Single
Lot Size 0.14 AC
Parking Ratio 2.31/1,000 SF

1 Unit Available

Unit 78-79

Unit Size 2,427 SF
Price $431,164
Price Per SF $177.65
Condo Use Office
Sale Type Owner User
Tenure Freehold
Description

Number 78 is the end-of-terrace/semi-detached, and has
the benefit of timber-framed entrance door with original
Minton-tiled hallway, providing an office to the front, and
further office to the rear. The original balustrade staircase
provides access to the first floor, comprising three offices
and WC, with stairs extending to the second floor, within
the roof void, providing lobby, and two further offices.

Number 79 is the mid-terrace, and is of similar
configuration to number 78, with the exception to the
ground floor, where a waiting area has been created, with
a reception office and small kitchenette off. The second
floor space provides one large room, rather than being
subdivided.

Beneath the properties is the basement, which was
previously used for archive storage. Externally, there is a
small foregarden, and to the rear is car parking for
approximately five motor vehicles, accessed from Larges
Street.

Sale Notes

Guide Price of £345,000 (three hundred and forty-five thousand pounds) for the freehold interest, with vacant
possession.

Amenities

  • 24 Hour Access
  • Bus Line
  • Security System
  • Storage Space
  • Listing ID: 31058791

  • Date on Market: 2/27/2024

  • Last Updated:

  • Address: 78-79 Friar Gate, Derby DE1 1FL

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