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42 Midland Road, Derby, DE1 2SP

Lot no: 38.3 Withdrawn Post
 

Guide Price £95,000 plus fees


Wednesday 24th February 2016

12.00am
Key Features
Rarely available vacant freehold retail premises extending to approximately 1,370 square feet.
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Withdrawn Post

Commercial

Property Description

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

Situated in this popular and very prominent location on Midland Road adjoining Derbys main post office and within walking distance of the railway station and Intu shopping centre, is this rarely available vacant freehold retail premises extending to approximately 1,370 square feet.

The property would suit a variety of uses including potential as a hot food take-away subject to appropriate planning consent.

The internal accommodation which is arranged over two floors has gas central heating and is generally in good condition and comprises  on the ground floor a principal trading area, large secondary trading area, kitchen and wc; on the first floor there are three large rooms, the largest being 33' in length.

Ground Floor

Principal Trading Area 3.7m x 3.143m
With glazed entrance door and fully glazed shop window onto Midland Road, radiator.

Secondary Trading Room 11m x 3.157m
With staircase off to first floor, counter area, access to Cellar, glazed doors to rear, two radiators.

Rear Kitchen 2.3m x 1.9m
With fitted units, sink unit and wall mounted central heating boiler,

Separate WC
With wash hand basin and low level wc.

First Floor

Landing
With access to roof space with potential for conversion into further accommodation (subject to consent).

Front Room 3.17m x 3.66m
With original cast iron fireplace in slate

Middle Room 4.6m x 2.86m
With counter unit, sink and radiator.

Large Rear Room 10.06m x 3.18m
With original cast iron fireplace in slate surround, two radiators.

Directions
Leaving Derby City centre from the Intu shopping centre head south along London Road passing the former Derbyshire Royal Infirmary on the right hand side and on reaching the traffic lights turn left onto Midland Road heading towards the train station. The property will be found on the right hand side identified by our for sale by auction board.

Vendors Solicitors/Licensed Conveyancers
John M. Lewis & Co, 92 St. Peter’s Street, Derby DE1 1SR  telephone 01332-292204

Tenure
Freehold. Vacant possession on completion.

Note
To comply with the Estate Agents Act 1979, interested buyers/purchasers are informed that the vendor is an associated company of Graham Penny Auctions Ltd.

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

Vacant freehold retail premises

Feature 2

Excellent location close to railway station and Intu shopping centre

Feature 3

Deceptively spacious – approximately 1,370 square feet

Feature 4

Potential for hot food take-away (subject to consent)

Feature 5

EPC Rating : G

Tenure: