Summary - THE FRIARY, 104, FRIAR GATE DE1 1FG
1 bed 1 bath Retail Property (high street)
Large mixed‑use site for experienced investors seeking redevelopment potential.
Grade II listed Georgian building, c.1730, prominent Friar Gate frontage
A substantial Grade II listed former public house, nightclub and hotel block occupying 0.64 acres on Friar Gate, close to Derby city centre and the university. The main Georgian building (c.1730) offers high ceilings, ornate period detail and large open-plan commercial space on the ground floor, complemented by first- and second-floor offices and living accommodation. To the rear is a sizeable single-storey extension and a mid‑20th century ‘T’ shaped hotel block with significant deterioration.
This opportunity suits investors or developers seeking a prominent mixed-use site with existing licences and large customer areas: a ground-floor L-shaped bar, 80-cover beer patio, separate nightclub footprint and office suite. The premises benefit from vacant possession, a Premises Licence, excellent mobile and fast broadband connectivity and immediate proximity to student and professional catchments.
Material constraints are significant and must be factored into any offer. The property is Grade II listed and lies within a conservation area, so repairs, alterations and change of use will require listed-building consents and may be restrictive. Parts of the hotel block are semi-derelict with water ingress and stripped fittings; the building needs extensive renovation throughout. The site sits in a very deprived, high-crime area with a medium flood risk. VAT is payable and the Rateable Value is £120,000.
Offers over £850,000 plus VAT are invited. This is a high‑potential, high‑work asset best suited to a buyer experienced in historic buildings and urban mixed-use redevelopment, or an operator able to restore trading accommodation while managing listed-building obligations.
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