BB&J Commercial is delighted to announce the successful sale of 51 Sadler Gate, a landmark four-storey building in the heart of Derby’s historic Cathedral Quarter.
This Grade II listed retail property, situated on the award-winning pedestrianised high street of Sadler Gate, presented a rare opportunity for mixed-use redevelopment (subject to planning) in one of the city’s most vibrant locations. Spanning over 2,000 sq ft across four floors, the building attracted strong interest from a range of local and regional buyers due to its character, flexibility, and strategic city centre position.
With high footfall and close proximity to some of Derby’s most exciting regeneration projects—such as the Becketwell development and University of Derby’s upcoming business school—the sale reinforces confidence in the city centre market.
Cameron Godfrey, Surveyor who oversaw the sale commented, “There is a clear trend emerging in Derby city centre, where there has been a noticeable increase in independent business owners looking for well-located, characterful properties to establish and grow their businesses.
What made 51 Sadler Gate particularly appealing was its freehold status, something that is increasingly hard to come by in the city centre combined with its flexibility for a range of planning uses and redevelopment potential.
We received strong interest from a broad range of sectors, reflecting a growing appetite for city centre investment opportunities with long-term value.
The property was ultimately purchased by an upcoming restaurant and café owner who is eager to bring something new and vibrant to Derby’s food scene.
Their concept is focussed on showcasing authentic Vietnamese cuisine with an ambition to make a mark within the local market.
I am pleased to have been assisted in breathing new life into a building with such history and I am happy to have secured my client a good deal.”
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