Summary - Flat 2, The Gallery, Victoria Square, ASHBOURNE DE6 1GG
1 bed 1 bath Retail Property (high street)
Secure long-term income with upper-floor development upside subject to planning permission.
- Freehold retail property on Ashbourne’s Victoria Square
- Let on a new 10-year lease to CW Sellors
- Grade II listed; historic character, tall ceilings and bay frontage
- Newly refurbished ground floor with air conditioning and high specification
- Total size approximately 2,259 sq ft across four storeys and basement
- Upper floors suitable for residential conversion (STPP); independent access
- Listed status may complicate alterations and planning
- Very small plot; no private outdoor space
A rare freehold investment on Ashbourne’s pedestrianised Victoria Square, this Grade II listed building is securely let on a new 10-year lease to CW Sellors, a long-established fine jewellery retailer. The newly refurbished ground floor provides high-spec retail accommodation with air conditioning, tall ceilings and prominent bay-window frontage suitable for premium display and footfall-led trading.
The upper floors (first, second and basement) are currently cellular offices and storage but have independent access and clear potential for alternative uses, including residential conversion subject to planning permission (STPP). The location benefits from an affluent, historic market town catchment and strong local amenities, increasing future rental or owner-occupier appeal.
Buyers should note the property’s Grade II listed status will add consent requirements and may complicate alterations. The freehold includes a very small external plot and no private outdoor space. This combination suits investors seeking a stable covenant and value-add opportunity rather than buyers wanting straightforward, unrestricted redevelopment.
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