Development site Sold Land, Stuart Street / Phoenix Street, Derby, Derbyshire

DE1 2ER

£1,500,000 for the Freehold (please check the VAT status)

0.69 Acres (0.28 Hectares)

Residential Land - Sold - please contact the office to discuss your requirement.

Residential Land - Sold

Site for sale Site for sale

Description

Key features for Residential Land in DE1 2ER - Sold

Sale: £1,500,000 for the Freehold (please check the VAT status)
0.69 Acres (0.28 Hectares)
Expressions of interest invited
City Centre regeneration site
Adjacent the Landmark - 202 apartments proposed
Within Phase II of OCOR (Our City Our River)
Preferred flood defence alignment established STP

What is the Development site address?

Land, Stuart Street, Derby, Derbyshire, DE1 2ER

Where is the Development site located?

The site lies to the north east of the City Centre, south of the A601 inner city ring road. It is a mixed use location with nearby occupiers to include Premier Inn (Derby City Centre), Derby City Council Offices, Derby Market Place and a number of high rise residential blocks. Immediately to the north is the "Landmark" site where there are proposals for a 17 storey PRS block of 202 apartments.

An excellent range of city centre amenities are within 0.5 miles to include the Intu Centre and Derby Bus Station.

What does the opportunity comprise?

Exciting town centre development opportunity STP.

The site comprises a cleared, level, roughly rectangular parcel of land formally used as a pay and display car park. There were once 66 apartments on this site, these were demolished some time ago however the site is surrounded number of quality high rise residential blocks.

How has the accommodation been measured?

The site has been measured from OS mapping.

What has the property been used for?

The site lies within the North Riverside Regeneration Area and is within the Our City Our River (OCOR) programme.

OCOR aims to create significant opportunities for new development along the river corridor by providing appropriate levels of flood protection whilst enhancing the leisure, tourism, ecological and sustainable transport value of the River Derwent and its tributaries.

Phase I of OCOR has been completed and this site forms part of Phase II. Derby City Council are in the process of procuring consultancy support to progress a detailed planning application for Phase II.

A plan showing the preferred flood defence alignment is available from the agent. This is an update from the plan within the 2015 Outline Consent and if approved will see flood defences constructed along the southeast site boundary with Stuart street. Hence there is a developer opportunity to engage with the LPA about the prospect of incorporating a development on this site with the flood defence works.

How is the property offered?

Freehold

The land is being offered freehold with vacant possession. The price advertised is a guide and offers STP are invited.

How much is the Price?

£1,500,000 for the Freehold. All figures are quoted exclusive of VAT, we are advised the property is not registered for VAT.

Anti-Money Laundering (AML)

Any offer accepted is subject to completing AML checks.

Paper Copying Licence

100062569

Note

Plans, maps and drawings are not to scale.

Particulars Updated

16-Aug-2024

Omeeto

Please check our website for a suite of photos, videos and virtual tour. Users can also access various property documents.

Important Notice

Omeeto are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made by word of mouth or in writing.
These particulars do not form part of any offer or contract and “information” must not be relied upon as statements, representations or facts.
All measurements, areas and distances are approximate and for guidance. All descriptions, conditions, permission for use and occupations should not be relied upon and it should not be assumed that the property has all necessary planning, building regulation or other consents. Services, equipment and facilities etc have not been tested. Any interested party must satisfy themselves on these matters by inspection, independent advice or otherwise.
Photos, video’s, virtual tours etc show only certain parts of the property as they appeared at the time of inspection.

Map data ©OpenStreetMap contributors.

Contact

Chris Wright
01332 840328
07471 072799
chrisw@omeeto.co.uk

Important Notice

Omeeto are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made by word of mouth or in writing.
These particulars do not form part of any offer or contract and “information” must not be relied upon as statements, representations or facts.
All measurements, areas and distances are approximate and for guidance. All descriptions, conditions, permission for use and occupations should not be relied upon and it should not be assumed that the property has all necessary planning, building regulation or other consents. Services, equipment and facilities etc have not been tested. Any interested party must satisfy themselves on these matters by inspection, independent advice or otherwise.
Photos, video’s, virtual tours etc show only certain parts of the property as they appeared at the time of inspection.

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Contact

Chris Wright
01332 840328
07471 072799
chrisw@omeeto.co.uk

Site for sale

Site plan