Summary - 3, GROSVENOR ROAD DE5 3JE
1 bed 1 bath Land
Ready-permitted site for a three‑storey retail or office conversion in Ripley.
Freehold plot with planning for three-storey retail/commercial (Ref AVA/2023/0153)
Town centre location with wide range of nearby shops and services
Guide price £20,000; auction sale on 27 Nov 2025, sale is unconditional
5% deposit (min £5,000) plus buyers' fee 4.8% (min £6,000 inc. VAT)
Decent plot size; total area about 1,113 sq ft; no flood risk
Area is deprived with very high crime—may affect lettability and rents
Excellent mobile signal and fast broadband suitable for modern businesses
Legal pack and special conditions likely contain further fees; due diligence required
A freehold building plot in central Ripley with planning permission for a three‑storey retail/commercial building (Ref AVA/2023/0153). The site occupies a decent-sized plot in the town centre, offering ground-floor retail with two upper floors for retail or office use — a straightforward scheme for a small developer or investor seeking town-centre trading space.
The guide price is £20,000 and the lot will be sold at auction on 27 November 2025 (09:00). Bidders should note sale is unconditional at the fall of the hammer; a 5% deposit (minimum £5,000) and a buyers’ fee (4.8%, minimum £6,000 inc. VAT) apply. Read the Legal Pack and Special Conditions carefully before bidding.
Practical positives include a central retail location with strong local amenities, excellent mobile signal and fast broadband. There is no flood risk and planning was granted by Amber Valley Council in May 2023 for retail/office accommodation across three floors, making this a ready development opportunity.
Material considerations: the surrounding area scores as deprived with very high recorded crime and a wider classification of “hampered aspiration,” which may impact rental levels, footfall quality and end‑user demand. Prospective buyers must carry out their own surveys, access checks and due diligence; the auctioneers have not inspected the land personally.
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