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High Yielding Landmark Investment, Heritage Gate, Friary Street, Derby, DE1 1NU
140,585 Sq Ft / Offices
Withdrawn - Last updated: 19 April 2021
- Low capital value of £725.68 per sq m (£67.42 per sqft).
- High yielding landmark investment opportunity.
- Derby City Centre’s largest office complex extending to approximately 13,062 sq m (140,585 sq ft) on a site of 0.85 hectare (2.09 acres).
- An adjoining parade of seven retail units with upper floor offices fronting Friar Gate extending to approximately 2,098 sq m (22,578 sqft) on a site of
0.33 hectare (0.81 acres).
- Adjacent off-site car park extending to 0.58 hectare (1.43 acres).
- Potential for multiple asset management and development initiatives to add value.
- Multi-let currently producing a net rent of £1,430,432 per annum.
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