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21 Derby Road , Long Eaton , NG10 1LU

Lot no: 24.0 Withdrawn Post
 

Guide Price £78,000 plus fees


Tuesday 21st July 2015

12.00am
Key Features
High Yielding Commercial Investment Property
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Withdrawn Post

Commercial

Property Description

*UNSOLD AT AUCTION. AVAILABLE AND OPEN TO OFFERS.*

FOR SALE BY AUCTION: TUESDAY 21ST JULY 2015.

AT IPRO STADIUM, DERBY.

COMMENCING AT 11.30 AM.

High Yielding Commercial Investment Property

Description:

Attractive double fronted ground floor retails premises, let and producing £10,000 per annum. An excellent opportunity to acquire a freehold investment property in a very prominent location in the heart of Long Eaton Town Centre.

ACCOMMODATION :

Office and ancillary accommodation extending to 27.6 sq.m

Lease Details :

Let to IMS Lettings ltd. at £10,000 per annum on a 10 year lease from 2011 expiring 2021.

Energy Efficiency Rating : F

TENURE : Freehold

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 Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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

WWW.GRAHAMPENNY.COM

Tenure: