https://www.thelandsite.co.uk/files/articles/6f952b66f8f211ea98240afeec538f48/1444-5fe1d80505917960764902.jpeg 241

Central Derby pub sold for over the asking price by Sidney Phillips

Posted by Sidney Phillips on 30th December 2020 -

title

The Duke Of Clarence situated on Mansfield Road within the city of Derby has been sold by the Eastern Counties office of licensed property specialists Sidney Phillips.

The Duke Of Clarence has been closed since March 2020 having been previously operated as a tenanted community public house catering to an established mature audience. The premises showcased a number of traditional pub games, sports and was renowned for its multiple darts teams.

In need of renovation, the 3,500 sq ft building comprises of an open plan bar, four bedroom owners accommodation and car park.

The Duke of Clarence has now been sold to experienced Derbyshire developers Stanton Developments, with an aim to start conversion works into residential use before the end of 2020.

Zaine Lamont, Regional Valuations Manager for the Eastern Counties handled the sale and comments, “The Duke Of Clarence represents a superb example of the amount of interest the public house market can still achieve, even in today’s challenging times. Sidney Phillips are extremely proud to not only obtain an over asking price offer for our client, but to have achieved an agreement for sale within only a matter of days of marketing the property.”

Sidney Phillips sold The Duke Of Clarence off an asking price of £285,000.

For further information about pubs for salepubs to letinvestments for sale or how to buy a business, please contact Sidney Phillips on 01522 500059 or please 


Ceiron griffiths

The Specialists in Licensed Premises Sales.

Link to Sidney Phillips business profile

1st March 2024
The PDR Window Has Been Flung Open, How Long Will It Last?
Developers and investors should act now to take advantage of these new permitted development rights before the window of opportunity closes.
Read more
16th February 2024
Knight Frank Sells Third and Final Henge of ‘Stonehenge of the North’ to English Heritage
Knight Frank's Rural team sells the northern henge of The Thornborough Henges to English Heritage on behalf of local landowner, Richard Bourne-Arton.
Read more
14th February 2024
Prime Warehouse Rents Continued to Rise in 2023 Going up Eight Per Cent Year on Year
According to Colliers’ Industrial & Logistics team’s latest analysis prime rents across the UK for large distribution warehouses increased to £11 per sq ft, up eight per cent y/y
Read more