City & Country Property Management has been announced as the new owners of Middleton House in the heart of Derby’s award-winning Cathedral Quarter.
The keys were officially handed over at a ceremony last week by Martin Rawson, Deputy Leader for Derby City Council, which vacated the building in 2016.
Brought to market by Cushman & Wakefield, Middleton House was previously in office use with the Grade II Listed St Mary’s House attached at the front. The site attracted significant levels of interest with a preference for residential conversion.
City & Country Property Management, who have significant experience of residential development having worked in Nottingham’s Lace Market for several years, secured the development and are now planning on converting the building into luxury apartments.
Adam Cavell, Director of City & Country Property Management, said, “This site represents our first development in Derby, which we see as our flagship for further and continuous redevelopment and investment within Derby city centre.”
“Middleton House is located in a highly attractive area on St Mary’s Gate within the Cathedral Quarter.”
“It is our aim to create high specification quality apartments aimed at the growing professional market within Derby. The traditional external listed building will be partnered with a modern, luxurious interior design.”
Martin Rawson, Deputy Leader for Derby City Council, said “This developer has a strong reputation for commitment to sensitive redevelopment of Grade II Listed buildings and the proposed development will further increase city centre living capacity.”