27th August 2019
Former butcher’s shop in Ashbourne is dripping with potential
A former butcher’s shop in Ashbourne with planning permission to be turned into a wine bar could be meat and drink to property investors when it goes under the hammer in Derby next month.
And the rare opportunity to invest in prime mixed-use property in Ashbourne’s popular pedestrianised retail area is expected to get bidders in a stew, according to Head of Auctions East Midlands Robert Stone, of SDL Auctions Graham Penny.
5 & 6 Victoria Square, Ashbourne is the former George Peach Butcher’s shop, which was granted permission for A4 use by Derbyshire Dales District Council earlier this year. It is due to be sold at SDL Auctions Graham Penny’s auction at Pride Park Stadium, Derby, on Thursday 5 September with a *guide price of £95,000+.
Robert said: “This property is in a fantastic position in the popular market town of Ashbourne. It’s a lovely old building with lots of history and has the benefit of a three bedroomed apartment above, which is ideal for anyone wanting business premises in the town with their own living accommodation, or for an investor looking for letting opportunities.
“The combined income from the shop and flat has the potential for a high yield return.”
The property has a long history of butchery and is in Victoria Square, which was the Shambles, known for many years as Butchers Row and still commonly called the Butchery. Next to the property is Shakespeare’s Yard where, in the 19th century, a butcher called Mr Shakespeare claimed to be a descendant of the Bard himself.
Inside the property, the ground floor of the former shop extends to around 948 square feet and has stairs leading to a rear preparation area with a double sink unit.
The upstairs flat is accessed via the side of the property, with steps leading to the entrance door. The lounge has access through to the kitchen, which is fitted with Shaker-style units and integrated appliances, and the bathroom, which has a bath and separate shower cubicle.
There are three double bedrooms, one with exposed trusses and an oriel window at the front of the property, and two with sash windows and exposed floorboards. In addition, there is a spacious attic room providing further opportunity for conversion, subject to planning permission.
Outside is a cobblestone and stone slabbed rear yard with a range of useful outbuildings, including a second preparation area/kitchen with hand basin and cold store, a WC, and further storage.
Robert added: “There is a great deal of potential at this property. It has planning permission for change of use to a wine bar but there are plenty of other possibilities, too, subject to planning permission, and I look forward to seeing how the building is developed.”
Ashbourne is a desirable area for both homeowners and visitors, being known for its history, architecture, independent shops, pubs, restaurants and good primary and secondary schools. It’s on the doorstep of the Peak District National Park and surrounded by beautiful Derbyshire countryside. Transport links are excellent, too, with the A52 providing swift access to Derby.
5 & 6 Victoria Square, Ashbourne has a guide price of £95,000+ and will be sold by SDL Auctions Graham Penny at Pride Park Stadium, Derby, on Thursday 5 September. To find out more about the property, or to request a free no-obligation auction appraisal of a property you may wish to sell, please click here or call the auctions team on 01332 242 880.