Commercial
FOR SALE BY AUCTION: THURSDAY 21ST JULY 2016.
AT IPRO STADIUM, DERBY.
COMMENCING AT 11.30 AM.
Excellent and affordable investment comprising freehold parade of three high street shops. Two shops are vacant and the other shop is let at £3,000pa. Reversionary interest in three first floor flats let on long leases.
Accommodation:
26 High Street -
Recently vacated former clothes shop
27 High Street -
Recently vacated former hair salon
28 High Street -
Let to Fox Resourcing at £3,000 p.a. on 3 year lease.
First Floor -
Reversionary interest in 3 flats let on long leaseholds.
Tenure
Freehold.
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 11.30am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 each lot is subject to a buyers fee of £750 (inc VAT) payable on exchange of contracts.
*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.sdlgrahampenny.co.uk/glossary
FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE
Excellent and affordable investment
Freehold parade of three high street shops
Two shops vacant; one let at £3,000 p.a.
Reversionary interest in three first floor flats let on long leases
EPC Ratings : 26 - D; 27 - C; 28 - C
