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Birmingham Post
Birmingham Post
Business
Robin Johnson

Historic former Derby pub with permission for flats set to go under the hammer

A former Derby pub which recently secured permission to be turned into flats is set to go under the hammer.

Last month, Derby City Council approved plans to turn The Dunkirk Tavern, on the corner of King Alfred Street and Bakewell Street, into student apartments.

The application came around a year after the pub, which is believed to have been built in the late 19th century, closed.

Now, the property is due to be sold by SDL Auctions in its national property auction on Thursday, August 27, with a guide price of £275,000-plus.

Plans for the Victorian property feature a self-contained flat, five en-suite bedrooms and a common room with shared kitchen on the ground floor.

The first floor features six further en-suite bedrooms and a second common room with kitchen, while a new loft conversion will accommodate the other two self-contained flats.

Chris Theocharides, commercial valuer at SDL Auctions, said: “There is a constant demand for accommodation of this type in Derby and this property has the potential to provide flats and bedsits of a high standard, in a prime location within walking distance of the city centre.”

The former pub currently features a main bar with lounge area, toilets, kitchen facilities and storage on the ground floor, with a beer garden and outbuildings.

SDL Auctions said that the pub’s large cellar could be used within the development as a mini gym for residents or storage.

Upstairs there is a landing, bathroom, kitchen, lounge, toilet and four double bedrooms, one with an en-suite.

Chris said: “The approved plans are detailed and allow for several bedsits and flats, but we believe there is potential to create further accommodation - up to 16 units if the plans were amended and subsequently approved.”

Since lockdown, SDL Auctions has been holding its sales online. Before the coronavirus pandemic, the company held physical sales at venues around the country.

Now, it holds monthly national property auctions, which are broadcast live from a studio at its head office in Chilwell, Nottingham.

Since lockdown began in March, the firm has sold more than 590 lots and raised more than £75 million for sellers via its national property auctions and daily single-lot online auctions.

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