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Land and Garages adjacent to 45 & 47 Mount Street, Derby, Derbyshire DE1 2HH

Lot no: 14 Sold at Auction for £52,000
 

Guide Price £45,000+ plus fees


Thursday 20th October 2016

11.30am
Key Features
  • Ten lock-up garages close to the City centre
  • Site area extends to 466 sq metres approx
  • Potential building plot subject to the usual planning consents
  • Part let; part vacant
  • EPC Rating: N/A
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Sold at Auction for £52,000

Garages

Property Description:

An excellent opportunity to acquire ten lock-up garages located close to the City centre and Normanton Road. We are informed by the seller that the remaining garages are producing an approximate yearly income of £662.76. We feel the site would allow itself to be a potential building plot subject to the usual planning consents and we recommend prospective buyers to make their own enquiries.

The site is located in an established location of mixed residential and commercial properties and with excellent road network connections providing easy access onto the City centre and Derby’s inner ringroad.

Income

Garage 1 - Vacant
Garage 2 - Vacant
Garage 3 - Vacant
Garage 4 - Peppercorn rent
Garage 5 - £18.41 per calendar month (£220.92 p.a.)
Garage 6 - £18.41 per calendar month (£220.92 p.a.)
Garage 7 - £18.41 per calendar month (£220.92 p.a.)
Garage 8 - Vacant
Garage 9 - Vacant
Garage 10 - Vacant

Directions

Leaving Derby City centre from Curzon Street, at the traffic island turn left onto Mercian Way (A601). At the next traffic island take your fourth right onto Normanton Road. At the traffic lights turn
right onto Mill Hill Lane, first right onto Mount Street and the site will be located on the left hand side as clearly denoted by our auction for sale board.

Tenure:

Freehold. Part let/part vacant.