73 Monk Street, Derby, DE22 3QE

Location

The property comprises an L-shaped site in a prominent location currently used for car sales. It is entirely hard surfaced with a two-storey car repair / office building.

A positive pre-application was received in 2021 for potential redevelopment of the site offering a scheme of two residential blocks containing a total of 21 apartments.

As the site is situated within an area that is so popular for lettings we anticipate a good level of interest. We have recently dealt with the sale of several sites and properties within the area for such redevelopment schemes due to strong demand in the locality from professionals, care workers and students alike due to the proximity of nearby employers such as Rolls Royce, Toyota and also the University of Derby City Centre Campus.

Summary

Key points

• Prominent location close to city centre
• 0.22 acre site
• Current two-storey building on fully hard surface site used for car sales
• Great potential
• £645,000

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