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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
  • Condo Use
  • Price
  • NOI
  • Unit 15-19
  • 12,271 SF
  • Retail
  • $313,960 CAD ($25.59 CAD/SF)
  • -
Sale Type Investment or Owner User
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.
Sale Notes
Lot 150 Is available by way of Savills Online auction 20th May 2026
Unit Unit Size Condo Use Price NOI
Unit 15-19 12,271 SF Retail $313,960 CAD ($25.59 CAD/SF) -

Unit 15-19

Unit Size
12,271 SF
Condo Use
Retail
Price
$313,960 CAD ($25.59 CAD/SF)
NOI
-

Unit 15-19

Unit Size 12,271 SF
Condo Use Retail
Price $313,960 CAD ($25.59 CAD/SF)
NOI -
Sale Type Investment or Owner User
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 Building Size 20,993 SF
Property Type Sports & Entertainment (Condo)
Property Subtype Casino
Building Class C
Floors 2
Typical Floor Size 9,828 SF
Year Built 1955
Parking Ratio 0.24/1,000 SF

Amenities

  • Wheelchair Accessible
  • Listing ID: 40513780

  • Date on Market: 2026-05-13

  • Last Updated:

  • Address: 15-19 South St, Ilkeston DE7 5QT

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