Saturday, January 11, 2025

Deals in Derby city centre support high street vibrancy

Commercial property consultancy OMEETO has completed a series of lettings in Derby city centre’s Cathedral Quarter and St Peters Quarter business improvement districts – supporting the resurgence of the area and particularly the progress of the Becketwell regeneration area.

The deals have been completed by surveyor Ruby Scott-Mullen. Recent lettings include an off-market deal to wine expert, Chris Barlow, who has realised a long-held ambition and opened a new wine bar and tasting rooms. Wine Stories recently had their opening launch weekend at 5-6 Strand Arcade.

Mr Barlow said: “This wonderful building in the heart of the Cathedral Quarter is the perfect place for Wine Stories and it is great to see this area buzzing again.

“This has been a dream of mine for many years and I am loving it. I am so grateful to Ruby at OMEETO for going the extra mile to help us secure the property.

“The feedback so far from our customers has been amazing and the whole Sadler Gate and Strand Arcade business community have been incredibly welcoming and supportive.”

Other lettings include a prominent retail unit on the corner of Sadler Gate and The Strand.  The former Eye Gallery opticians is now due to be re-opened as a convenience store.

A street-facing unit at the historic Royal Buildings in Victoria Street has been let to AK Tattoos and the leases on two retail units in Babington Lane have also been completed.

Miss Scott-Mullen explained: “Although we work across Derbyshire and the East Midlands, we are definitely seeing an increase in activity in Derby city centre which is long overdue.

“Enquiries for commercial property leases have been steadily rising in recent months and feedback is that the progress on the Becketwell Regeneration area and particularly the pending opening of the new 3,500 capacity performance venue has been the catalyst for the surge in interest.

“I look forward to carry on working with all my clients to market new instructions and bring more new businesses to the city.”

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