Commercial
FOR SALE BY AUCTION: THURSDAY 16TH APRIL 2015
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM
DRAFT DETAILS ONLY.
A freehold investment property situated in a mixed retail and residential area fronting the Leicester Road close to the main A6 Loughborough Road within the village of Mount Sorrel.
Loughborough is situated approximately 6 miles to the north-west and Leicester approximately 8 miles to the south.
The auctioneers have not inspected the property internally, but believe the accommodation to comprise –
Ground Floor Retail/Office Accommodation with First Floor Office and Ancillary Accommodation.
Tenancy Details
The property is currently let at £11,000 per annum.
Vendors Solicitors/Licensed Conveyancers
Bermans, Cardinal House, 20 St. Mary's Parsonage, Manchester M3 2LY – telephone 0161-827 4600
Tenure
Freehold. Subject to tenancy.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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
Freehold Investment Property
Situated in mixed retail and residential area
Currently let and producing £11,000 p.a.
EPC Rating : Awaited
