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15-19 South St 12,271 sq ft Retail Unit Offered at £170,000 in Ilkeston DE7 5QT
Investment Highlights
- Centrally located in Ilkeston town centre on South Street with high street frontage.
- Excellent regional connectivity via A610 and proximity to the M1, enabling access to Nottingham and Derby.
- Former leisure venue providing ample internal space adaptable to various uses, subject to planning.
Executive Summary
Positioned on South Street within Ilkeston’s primary shopping district. The property previously operated as a bingo hall and is currently vacant. Surroundings include diverse commercial operators and pedestrian activity associated with core retail corridors. Ilkeston is served by routes linking to the A610 and M1 motorway, providing connectivity to key East Midlands conurbations. Detailed building dimensions and construction information were not disclosed in the auction literature.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment or Owner Occupier | Sale Conditions | Auction Sale |
| Tenure | Freehold |
| Sale Type | Investment or Owner Occupier |
| Tenure | Freehold |
| Sale Conditions | Auction Sale |
Description
This freehold property presents a substantial redevelopment or reuse opportunity within Ilkeston’s established town center. Previously trading as a bingo hall, the premises benefits from a broad frontage along South Street, a primary commercial thoroughfare, contributing to high visibility and potential for multiple incoming uses. Its location is supported by nearby national and local retailers, ensuring consistent pedestrian activity and convenient access to core amenities.
The site offers strong potential for conversion to alternative leisure concepts, retail, or mixed-use development, subject to obtaining necessary planning consents. Excellent regional connectivity is provided via the A610 and M1, linking Ilkeston to Derby and Nottingham, two major economic hubs within the East Midlands. The town’s ongoing regeneration programs and growing residential base further reinforce the property’s potential to attract operators seeking scalable floor space or developers targeting infill projects in a well-established urban environment.
The site offers strong potential for conversion to alternative leisure concepts, retail, or mixed-use development, subject to obtaining necessary planning consents. Excellent regional connectivity is provided via the A610 and M1, linking Ilkeston to Derby and Nottingham, two major economic hubs within the East Midlands. The town’s ongoing regeneration programs and growing residential base further reinforce the property’s potential to attract operators seeking scalable floor space or developers targeting infill projects in a well-established urban environment.
Sale Notes
Lot 150 Is available by way of Savills Online auction 20th May 2026
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 15-19 | 12,271 sq ft | Retail | £170,000 (£13.85/sq ft) | - |
Unit 15-19
| Unit Size |
| 12,271 sq ft |
| Unit Use |
| Retail |
| Price |
| £170,000 (£13.85/sq ft) |
| NOI |
| - |
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Unit 15-19
| Unit Size | 12,271 sq ft |
| Unit Use | Retail |
| Price | £170,000 (£13.85/sq ft) |
| NOI | - |
| Sale Type | Investment or Owner Occupier |
| Tenure | Freehold |
| Sale Conditions | Auction Sale |
| Description | |
| This freehold property presents a substantial redevelopment or reuse opportunity within Ilkeston’s established town center. Previously trading as a bingo hall, the premises benefits from a broad frontage along South Street, a primary commercial thoroughfare, contributing to high visibility and potential for multiple incoming uses. Its location is supported by nearby national and local retailers, ensuring consistent pedestrian activity and convenient access to core amenities.<br> The site offers strong potential for conversion to alternative leisure concepts, retail, or mixed-use development, subject to obtaining necessary planning consents. Excellent regional connectivity is provided via the A610 and M1, linking Ilkeston to Derby and Nottingham, two major economic hubs within the East Midlands. The town’s ongoing regeneration programs and growing residential base further reinforce the property’s potential to attract operators seeking scalable floor space or developers targeting infill projects in a well-established urban environment.</li></ul> | |
| Sale Notes | |
| Lot 150 Is available by way of Savills Online auction 20th May 2026</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 20,993 sq ft | Floors | 2 |
| Property Type | Leisure (Unit) | Typical Floor Size | 9,828 sq ft |
| Property Subtype | Casino | Year Built | 1955 |
| Costar Property Class | C | Parking Allocation | 0.24/1,000 sq ft |
| Total Property Size | 20,993 sq ft |
| Property Type | Leisure (Unit) |
| Property Subtype | Casino |
| Costar Property Class | C |
| Floors | 2 |
| Typical Floor Size | 9,828 sq ft |
| Year Built | 1955 |
| Parking Allocation | 0.24/1,000 sq ft |
Amenities
- Wheelchair Accessible
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15-19 South St
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