23 St Marys Gate is a landmark two story detached building of bespoke semi-circular design and constructed of brick elevations beneath a tiled roof.
The building was formerly used as offices and is suitable for a variety of uses together with potential redevelopment of the site subject to planning.
A number of potential options have been explored including redevelopment of the ground floor as business space and conversion of the first floor to individual apartments/studios or even HMO accommodation which is becoming increasingly popular for students due to the nearby expansion of Derby University city campus. There is also potential for further redevelopment of the attic areas. Alternative plans have been drawn up for an entire redevelopment scheme comprising ground floor business space and twelve apartments over. The property also benefits from parking.
This is an exciting opportunity to acquire a very prominent building in the heart of Derby's independent Cathedral Quarter with immense potential.