Property photos
Just added
£400,000
(£91.89/sq. ft)
Office for sale
Iron Gate, Derby DE14,353 sq. ft
Local area information
Property location
Nearby amenities
- Landau Forte College 0.3 miles
- Kingsmead School (SEN) 0.4 miles
- Derby 0.8 miles
- Peartree 1.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Derby to find out more about the local area.
Features and description
- • Substantial four storey property located in the award winning Cathedral Quarte
- • Ground floor let and income producing
- • Planning consent for apartment scheme to upper floors
- • Rear car parking
Background
24 & 24A Irongate, a Listed Grade 2 building situated opposite the beautiful Derby Cathedral was occupied until recently in its entirety by a national firm of estate agents and surveyors.
On becoming vacant in 2021 a planning application and Listed Building application was obtained to enable flg Solicitors to move into a renovated and modernised ground floor office suite, leaving the upper floors, with a separate entrance to the front, vacant.
Those upper floors now have the benefit of a planning approval and a Listed Building consent for conversion to four residential apartments.
The whole building – 24 & 24A Irongate is now for sale freehold
Subject to ground floor let to a firm of solicitors
Upper floors vacant – namely:
First, Second and Third Floors vacant with the benefit of a current planning approval and Listed building consent for conversion from office use to Four Apartments
Location
Situated in a Conservation area and set in the shadow of Derby Cathedral’s famous tower, in the heart of the Cathedral Quarter, a major regeneration area. Following on from the successful restoration of so many Georgian offices in St. Mary’s Gate back into gracious living accommodation, the attention is now focused on adjoining Irongate to meet the demand for quality residential apartments.
Tenure
Freehold
Important Rights of Way
No.24 Irongate enjoys legal rights of way both over and between the adjoining properties Nos. 23 and 22 Irongate. Full details on request.
Listed Building Status and Description
24 Irongate is a Grade 2 Listed Building. Late C18 with C19 and late C20 alterations. Built as premises for the business founded by John Whitehurst, Derby’s famous clockmaker. Later occupied by Photographer, Richard Keene.
Accommodation
Measured on a Gross Internal Area (gia) basis:
Ground Floor: 1,653 sq ft
First Floor: 1,400 sq ft
Second Floor: 900 sq ft
Third Floor: 400 sq ft
total: 4,353 sq ft Gross Internal Area
Car Park to Rear
Four spaces – two allocated to solicitors on the ground floor – two vacant.
Terms of Lease of the Ground Floor
The ground floor is let to the Family Law Group by way of a 9 year term from 15th December 2021 with the tenant having break options.
Current rent passing is £25,000 pa, rising to £27,500 pa on an internal repairing basis – includes two car parking spaces to rear.
Town & Country Planning
Paul Stanton of Guy Taylor Associates has obtained the necessary approvals for the conversion of vacant office accommodation over three upper floors into four apartments.
The four proposed apartments have the following floor areas:-
Apartment One: 527 sq ft
Apartment Two: 452 sq ft
Apartment Three: 779 sq ft
Apartment Four: 1,200 sq ft
Derby City Council Planning Approvals
Listed Building Application No: 22/01176/lba – conversion of upper floors to four apartments (including alterations at ground floor, staircase and entrances) – 19/10/2023.
Planning Approval Application No: 21/00597/ful – change of use to office space at ground floor level and four apartments – 19/10/2023
Further Negotiations
Further negotiations are required to facilitate the proposed scheme.
Full details are available from the sole agents.
24 & 24A Irongate, a Listed Grade 2 building situated opposite the beautiful Derby Cathedral was occupied until recently in its entirety by a national firm of estate agents and surveyors.
On becoming vacant in 2021 a planning application and Listed Building application was obtained to enable flg Solicitors to move into a renovated and modernised ground floor office suite, leaving the upper floors, with a separate entrance to the front, vacant.
Those upper floors now have the benefit of a planning approval and a Listed Building consent for conversion to four residential apartments.
The whole building – 24 & 24A Irongate is now for sale freehold
Subject to ground floor let to a firm of solicitors
Upper floors vacant – namely:
First, Second and Third Floors vacant with the benefit of a current planning approval and Listed building consent for conversion from office use to Four Apartments
Location
Situated in a Conservation area and set in the shadow of Derby Cathedral’s famous tower, in the heart of the Cathedral Quarter, a major regeneration area. Following on from the successful restoration of so many Georgian offices in St. Mary’s Gate back into gracious living accommodation, the attention is now focused on adjoining Irongate to meet the demand for quality residential apartments.
Tenure
Freehold
Important Rights of Way
No.24 Irongate enjoys legal rights of way both over and between the adjoining properties Nos. 23 and 22 Irongate. Full details on request.
Listed Building Status and Description
24 Irongate is a Grade 2 Listed Building. Late C18 with C19 and late C20 alterations. Built as premises for the business founded by John Whitehurst, Derby’s famous clockmaker. Later occupied by Photographer, Richard Keene.
Accommodation
Measured on a Gross Internal Area (gia) basis:
Ground Floor: 1,653 sq ft
First Floor: 1,400 sq ft
Second Floor: 900 sq ft
Third Floor: 400 sq ft
total: 4,353 sq ft Gross Internal Area
Car Park to Rear
Four spaces – two allocated to solicitors on the ground floor – two vacant.
Terms of Lease of the Ground Floor
The ground floor is let to the Family Law Group by way of a 9 year term from 15th December 2021 with the tenant having break options.
Current rent passing is £25,000 pa, rising to £27,500 pa on an internal repairing basis – includes two car parking spaces to rear.
Town & Country Planning
Paul Stanton of Guy Taylor Associates has obtained the necessary approvals for the conversion of vacant office accommodation over three upper floors into four apartments.
The four proposed apartments have the following floor areas:-
Apartment One: 527 sq ft
Apartment Two: 452 sq ft
Apartment Three: 779 sq ft
Apartment Four: 1,200 sq ft
Derby City Council Planning Approvals
Listed Building Application No: 22/01176/lba – conversion of upper floors to four apartments (including alterations at ground floor, staircase and entrances) – 19/10/2023.
Planning Approval Application No: 21/00597/ful – change of use to office space at ground floor level and four apartments – 19/10/2023
Further Negotiations
Further negotiations are required to facilitate the proposed scheme.
Full details are available from the sole agents.
More information
Listed by
Raybould & Sons
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