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The Rose & Crown, Church Street, Ilkeston, DE7 8QF

Lot no: 41.0 Sold at Auction for £130,000
 

Guide Price £120,000 plus fees


Wednesday 24th February 2016

12.00am
Key Features
A substantial freehold two storey public house situated in a prominent position within an established residential location with planning consent for conversion for residential use.
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Sold at Auction for £130,000

Commercial

Property Description

FOR SALE BY AUCTION: WEDNESDAY 24TH FEBRUARY 2016.

AT IPRO STADIUM, DERBY.

COMMENCING AT 11.30 AM

 

A substantial freehold two storey public house situated in a prominent position within an established residential location with planning consent for conversion for residential use.

Planning Details

Planning consent was granted on 3rd December 2015  by Erewash Borough Council under reference ERE/0915/0050 for change of use of public house into residential dwelling.

If the conversion were carried out in-line with the current planning application, the accommodation would briefly comprise

Ground Floor

Lounge, sitting room, large open plan dining room/kitchen, utility room, further reception room and bathroom with downstairs cloakroom and wet room.

First Floor

Master bedroom suite with en-suite and three further bedrooms along with a  family bathroom.

Vendors Solicitors/Licensed Conveyancers

MacLaren Warner, 129 Bath Street, Ilkeston, Derby   DE7 8AP -  Telephone 0115-930 4994

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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

Substantial freehold two storey public house

Feature 2

Prominent position within established residential location

Feature 3

Planning consent for conversion to residential use

Feature 4

EPC Rating : D

Tenure: