Commercial
DRAFT DETAILS ONLY.
Enjoying a prominent location on the banks of the River Derwent in the heart of Derby City centre, this substantial three storey former coaching inn with a large car park in all extending to approximately 0.3 acres represents a very rare opportunity to acquire a substantial trading public house with a consistent annual income but also with wide range of possible alternative uses including redevelopment of the whole site (subject to planning consent).
The pub itself has accommodation on three floors. There are three separate trading areas on the ground floor plus bar, kitchen and also gents and ladies wc's. Also access to the cellarage which extends to the full ground floor area of the property. On the first floor there is three bedroomed owners living accommodation. On the second floor there is accommodation which is currently unused with six or seven rooms and is in need of modernisation. Externally the property benefits from a beer garden and former coach house which could be converted to form part of the pub or as an additional function room. The car park itself enjoys a road frontage to Meadow Road of approximately 55 metres or thereabouts and there is scope for redevelopment either of the car park or the whole site in this prominent water front location (subject to planning consent).
Derby City centre is within walking distance of a wide range of facilities including shops, schools and leisure facilities.
In more detail the accommodation comprises
Entrance Lobby
With twin doors to
Main Bar Area 9.75m x 5.8m
Secondary Bar Area 4.4m x 3.8m
Inner Hall
With access to Ladies and Gents WC's
Snug 4.69m x 4.38m
Kitchen
Being fully equipped and access to
Substantial Cellarage
Which extends under the whole of the property.
First Floor Landing
With stairs off to second floor.
Study/Storage Room
With access to external staircase.
Bedroom One 4.4m x 3.1m
Bedroom Two 4.2m x 4.0m
Bedroom Three 4.6m x 4.2m
Bathroom
Having shower, wc, panelled bath and wash hand basin.
Sitting Room 5.1m x 4.6m
(Please note this is an irregular shaped room).
Laundry Room
Fitted Kitchen 4.4m x 3.5m
Second Floor
Six/Seven Rooms
All in need of full refurbishment.
Coach House 10.3m x 3.16m
Outside
To the rear of the property is a beer garden which enjoys pleasant views over the River Derwent and Bass Recreation Ground beyond. There is a very large car park to the side and in all the site extends to approximately 0.3 acres or thereabouts.
Directions
The approach from Derby is via Derwent Street heading right into Exeter Place and then turning right at the T-junction in Meadow Road. Continue along Meadow Road and then bear right again towards the Derby Evening Telegraph and The Smithfield public house is situated on the right hand side.
Vendors Solicitors/Licensed Conveyancers
Bakewells, 64 Friar Gate, Derby DE1 1DJ telephone 01332-600005
Tenure
Freehold.
Conditions Of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or credit card deposits.
The sale of each lot is subject to a buyers contract handling fee of £495 (inc VAT) payable on the fall of the hammer.
FOR SALE BY AUCTION: THURSDAY 1ST DECEMBER
AT PRIDE PARK STADIUM, DERBY
COMMENCING AT 11.30 AM
Substantial landmark public house on 0.3 acre site
Development potential (subject to planning consent)
Turnover circa £200,000 p.a. (last 4 years)
