The Sadler Gate Co, local investment company specialising in HMO’s and commercial conversion, have purchased the prominent retail premises.
We are delighted to have completed the sale of this prominently positioned retail property on Ashbourne Road.
Formerly occupied by ‘Ashgate Framers & Gallery’ this two-storey property measuring 1,466 sqft / 136.19 sqm had the potential for residential conversion ‘subject to planning’.
Cameron Godfrey, Surveyor and agent managing the sale commented, “We had a significant amount of interest in this property, which is not surprising given the demand within the lettings and HMO sector generally, with the student market being particularly strong within the area. With the property being located close to the University of Derby city centre & Markeaton campuses, I anticipate a strong level of student demand”.
We are delighted to have achieved a positive outcome for our client and welcome other opportunities to advise commercial owners who are looking to dispose of their property across the region.
Do you need assistance with the disposal of your commercial property? Get in touch with our team on 01332 292825.