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474 Baker Street, Alvaston, DE24 8SL

Lot no: 8.0 Sold at Auction for £32,000
 

Guide Price £15,000 plus fees


Thursday 16th April 2015

12.00am
Key Features
Excellent investment opportunity: Lock-up retail unit with potential for further development subject to planning consent.
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Sold at Auction for £32,000

Commercial

Property Description

FOR SALE BY AUCTION: THURSDAY 16TH APRIL

AT IPRO STADIUM, DERBY

COMMENCING AT 11.30 AM

DRAFT DETAILS ONLY

Situated at the junction of Baker Street and Severn Street in Alvaston, currently comprising a lock-up retail unit with potential for further development subject to obtaining the necessary planning consent.  Baker Street is situated within the popular residential suburb of Alvaston with excellent transport links to Derby City centre and Pride Park.

Directions
From the City centre leave along Pride Parkway to its extremity and at the Ascot Drive traffic island turn left onto London Road.  Continue over the canal bridge and then take the second right into Brighton Road.  At the crossroads turn right onto Severn Street and continue to the mini traffic island and turn left, where the property will be found immediately on the left hand side as denoted by our for sale by auction board.

Vendors Solicitors/Licensed Conveyancers
 

Tenure
Freehold. Vacant possession on completion.

Conditions Of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not.  Any questions relating to them must be raised prior to 11.30 am.  Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn. 

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Note
Prospective purchasers will need to register within the auction room before the sale commences.  Two items of identity will be required together with an indication of how a contractual deposit will be paid.  We do not take cash deposits.

The sale of all property is subject to a buyers fee of £750 (inc VAT).

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary

FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE

WWW.GRAHAMPENNY.COM

Feature 1

EXCELLENT INVESTMENT OPPORTUNITY

Feature 2

Lock-up retail unit

Feature 3

Potential for further development (subject to planning consent)

Feature 4

Popular residential suburb

Tenure: