Commercial
FOR SALE BY AUCTION: TUESDAY 21ST JULY 2015
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM
Excellent High Yielding Investment Property situated in the ever popular Pride Park, let and producing £20,000 per annum.
Description:
Modern two storey self-contained office accommodation extending overall to approximately 2100sqft or thereabouts*. Attractive two storey steel framed building situated in the heart of the ever popular Pride Park in a courtyard of similar buildings.
ACCOMMODATION :
Ground Floor: Offices and Ancillary accommodation - 89.25 sq mtrs
First Floor: Offices and Ancillary accommodation - 89.25 sq mtrs
Stairway – additional 12.06 Sq mtrs
Outside: Designated parking for five cars
Lease Details:
The entire building is let to IMS Lettings Ltd. Term 10 years from 2011, ending 12th December 2021.
Energy Efficiency Rating : D
TENURE : Leasehold
SUBJECT TO TENANCY
VIEWING ARRANGEMENTS
By arrangement with the Auctioneers 01332-242880
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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
