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165 St. Thomas Road, Derby , DE23 8RH

Lot no: 50.0 Re-entry to a future auction
 

Guide Price £110,000 plus fees


Thursday 14th April 2016

12.00am
Key Features
Situated on St. Thomas Road in the Peartree district, an excellent investment property comprising a ground floor retail premises with access from the rear to a self-contained first floor apartment.
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Re-entry to a future auction

Commercial

Property Description

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

Situated on St. Thomas Road in the Peartree district, an excellent investment property comprising a ground floor retail premises with access from the rear to a self-contained first floor apartment.  The accommodation briefly comprises

Ground Floor:

Commercial Shop Premises 31'9" x 13'2"
With laminate flooring, electric powered steel security shutters and access to basement area.

To the rear of the shop there is

Storage Area/Office

With further access to

Cloakroom and wc
With its own separate access, a staircase from the rear yard leads to -

First Floor Flat:

Lounge 14'2" x 13'3"
Having feature fireplace, PVC double glazed windows to front and central heating radiator.

Bedroom 13'3" x 10'2"
With shower.

Kitchen
Fitted with a range of wall and base units comprising cupboards, drawers and work surfaces with integrated sink unit, space for further kitchen appliances.

Cloakroom
With pedestal wash hand basin and wc.

Directions
Leave the City centre along Normanton Road which continues into Pear Tree Road, and at the third traffic island turn right onto St. Thomas Road.  The property will be identified by our for sale by auction board.

Vendors Solicitors/Licensed Conveyancers
Flint Bishop, St. Michaels Court, St. Michaels Lane, Derby DE1 3HQ - telephone 01332-340211

Tenure
Freehold. Subject to tenancies.

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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

EXCELLENT INVESTMENT PROPERTY

Feature 2

Busy main road location

Feature 3

Ground floor commercial premises

Feature 4

First floor residential

Feature 5

EPC Ratings : Ground Floor – E ; First Floor - D

Tenure: