Former food retail premises in an accessible location

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

Energy rating

How it compares

History

• First listed on Cornerlot 11 Oct 2026.

BTG Eddisons' record

About the lot

Freehold retail lot in Derby. Offered vacant, so there's no income from day one.

Lot 275, Commercial Property. Former food retail premises in an accessible location. High-density residential area including large student population. Net Internal Area of 85.66m² / 922sq.ft. Suitable for a variety of uses, subject to planning. EPC Rating: D. The premises comprise a semi-detached former food retail unit of traditional brick construction surmounted by a flat roof to the front and pitched roof to the rear. Access to the property is provided via the uPVC framed double glazed personnel door on the front elevation leading directly off Merchant Street. Internally, the property provides a customer/service area to the front with kitchen behind and store to one side. Towards the rear there are two further storage rooms and WC facility. Access to the first floor is provided via a staircase within the rear storage room with the accommodation at first floor level providing a singular storage room. In terms of specification, the majority of the space to the front of the property is made up of partitioning so could be opened up to create a larger, open plan retail space. The remainder of the space is made up of a traditional dwelling and incorporates carpet floor coverings, painted plaster walls and ceilings inclusive of a combination of pendant and strip lighting. Accommodation The premises comprise:- Ground Floor: 67.82 m² / 730 sq.ft. First Floor: 17.84 m² / 192 sq.ft. Total Net Internal Area: 85.66 m² / 922 sq.ft. Planning We understand that the subject property benefits from Use Class E planning consent under the Town and Country Planning (Use Classes) (Amendment) (England) Regulations 2020 (2020 No.757). Interested parties are advised to confirm all planning queries with the Local Planning Authority. The property is located within the Friar Gate Conservation Area. Location Derby is a major commercial centre within the East Midlands region, situated approximately 8 miles to the west of junction 25 of the M1 motorway and 40 miles northeast of the city of Birmingham. The city has a residential population of approximately 250,000 and traditionally draws upon a stable industrial and engineering employment base. More specifically, the subject property is located on Merchant Street, just off Ashbourne Road which is an arterial route in and out of the city centre from the west, forming part of the main A52 thoroughfare linking the city centre with the Markeaton traffic island and the Outer Ring Road (A38). Occupancy: Vacant possession upon completion. Tenure: Freehold Occupancy: Vacant possession upon completion General: Note Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding. Draft Sales Particulars These sales details are awaiting vendor approval Address: 59 Merchant Street, Derby DE22 3AQ