EXCITING NEW OPPORTUNITY IN THE CATHEDRAL QUARTER

Retail News

Given the current economic climate, retailers are looking to tighten their budgets at every opportunity. Fisher Hargreaves Proctor are therefore pleased to be marketing one of the most affordable shops to let in Derby City Centre.

As preferred Cathedral Quarter Agents, Fisher Hargreaves Proctor have received instructions to market premises at 50 Queen Street, Derby, comprising ground floor refurbished retail sales space of 256ft².

The shop, situated within the heart of the Cathedral Quarter, is within an area experiencing exciting changes. With the new Jury’s Inn Hotel well on its way, as well as the extension to the Joseph Wright College and Cedar House’s City Gate House office development, there is a lot to offer for any potential tenant.

The premises are situated directly opposite Red Zebra drinks, an exciting new addition to the street having recently chosen to relocate their business to the Cathedral Quarter. Other nearby occupiers include Bang & Olufsen, Tregoning Gallery and Reptonia Bridalwear.

Hannah Chapman of Fisher Hargreaves Proctor comments:

“50 Queen Street is one of the most affordable options available in Derby at just £6,000 per annum. Not only is the annual rent so low but, having been recently refurbished to provide a clean and presentable unit, little expenditure will be necessary for any ingoing tenant other than their basic shop fit.

The premises comprise the perfect solution for either a start up business looking to locate themselves within the Cathedral Quarter, or potentially an existing business looking to expand or relocate. The Cathedral Quarter has attracted some interesting, innovative and exciting new tenants in recent months including The Red Zebra, Kyte, Little Terra and Madoka. The premises at 50 Queen Street would be ideal for a similarly new and exciting operator.”

To discuss this opportunity in further detail, please do contact Hannah Chapman of Fisher Hargreaves Proctor on 01332 343222.