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123-125 Derby Road, Long Eaton, Nottingham, NG10 4LA

Lot no: 20.0 Postponed
 

Guide Price £175,000 plus fees


Thursday 21st July 2016

12.00am
Key Features
A superb freehold investment opportunity to acquire a substantial commercial property arranged over three floors with an impressive double fronted retail unit to the ground floor with a charming cottage style rear garden.
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Postponed

Commercial

Property Description

FOR SALE BY AUCTION: THURSDAY 21st JULY 2016.

AT IPRO STADIUM, DERBY.

COMMENCING AT 11.30 AM.

A superb freehold investment opportunity to acquire a substantial commercial property arranged over three floors with an impressive double fronted retail unit to the ground floor with a charming cottage style rear garden.  We are informed by the current occupier that Altered Images has been in residence since 1985, extended in 1992 and has been successfully run as a hairdressers/beauty business and is available with immediate vacant possession due to relocation.

The impressive ground floor double fronted retail unit consists of a reception area with glazed door and staircase to first floor, well appointed kitchenette, separate wc, patio doors leading out onto the cottage style garden, further treatment room.

To the first floor landing there are three treatment rooms, one to the rear which has a roof terrace, office, kitchenette and wc.

To the second floor landing there is a large attic room/store room open plan through to the kitchenette and additional loft space.

Outside to the rear there is an enclosed cottage style garden enjoying a southerly aspect.

The property enjoys a prominent position next door to the well known Keith Hall hairdressers training salon and also surrounded by similar style run businesses and within easy reach of the bustling town centre. Long Eaton is located approximately 7 miles south-west of Nottingham and 10 miles east of Derby, 13 miles north of Loughborough.  The town centre is well located to the east of the M1 motorway whilst there are regular direct train services from Long Eaton to St. Pancras with a journey time of approximately one hour, fourteen minutes.  Excellent investment opportunity.

Directions

On entering Long Eaton along Derby Road the property will be located on the right hand side denoted by our auction for sale board.

Vendors Solicitors/Licensed Conveyancers
Simpson Jones, 2 Stuart Street, Derby  DE1 2EQ - telephone 01332-200200

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.SDLGRAHAMPENNY.CO.UK

Feature 1

Double fronted three storey extended freehold commercial property

Feature 2

Successfully run as a hairdressers/beauty salon since 1985

Feature 3

Extremely well appointed and equipped throughout with garden and roof terrace

Feature 4

Within short walking distance of town centre and well positioned for the A52, M1 motorway and the Cities of Derby & Nottingham

Feature 5

Boasts just over 3,200 sq ft internal accommodation

Feature 6

EPC Rating: F

Tenure: