Other
FOR SALE BY AUCTION: THURSDAY 4TH JUNE 2015
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM
DRAFT DETAILS ONLY.
A substantial building situated close to the town centre currently used as a social club with residential accommodation on the upper floors but offering scope for redevelopment to convert to residential.
Planning has been granted by Ashfield District Council to convert the property into three self-contained flats under application number V/2013/0174 dated 16th May 2013, a copy of which is available from the auctioneers.
The residential accommodation to the first floor and attic room is in exceptionally good order and is ready for immediate occupation.
Description
End of terrace building arranged over ground and two upper floors
Single storey extension to the rear offering scope for redevelopment
Includes a garage for one car accessed off Downing Street and further off street parking space.
Ground floor comprises a well presented trading area with access to the cellar.
First Floor comprises two bedrooms, bathroom, kitchen, living room.
Converted attic space providing three smaller rooms and wc accessed via a set of folding steps. Previous combined rent cira £10,000 p.a.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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
Substantial building close to town centre
Currently used as social club with residential accommodation
Scope for redevelopment to convert to residential
Planning consent granted for conversion to three self-contained flats
Ideal for shared housing (subject to necessary planning permission)
EPC Rating : C
