Key Features

Situated on the edge of Derby city centre with convenient access to public transport links and local amenities.
Forming part of the promoted Derby Riverside area. Masterplan currently being developed with frontage onto the River Derwent and new public realm.
Planning permission in place to develop 202 efficiently designed apartments within Derby's tallest building.
Resident amenities proposed include a gym, concierge, resident's lounge, guest suite and coffee area.
5-minute walk into the heart of Derby's city centre.
Mix of one- and two-bedroom apartments, catering for a range of residents whilst satisfying the demand for one person households within the catchment.
Planning consent implemented and documented by the local authority.
Subject to a short-term licence to occupy with the local authority providing income of £4,500 per calendar month.

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Description

Significant Consented Residential Development Opportunity

The Property comprises a cleared development and was formerly occupied by the Phoenix Iron Foundry, which was demolished in the 1990s.

More recently the property was used as a car park.

Planning consent is granted for a new build tower-block development comprising 202 no. 1 & 2-bed apartments (see

The site area is 0.72 acre (0.29 hectare).