Commercial Property
The subject property occupies a prominent corner position at the intersection with Wilson Street and Green Lane which leads directly into the St. Peters quarter of Derby City Centre. The entrance to Intu is just 0.2 miles to the west.
The property benefits from excellent road links being situated less than 0.1 miles (0.16 km) from the inner ring road junction with Mercian Way (A601) and Lara Croft Way.
The accommodation is arranged to provide a number of offices along with shared wc and kitchen facilities over three floors plus a converted basement. The property benefits from carpet floor covering, painted plaster walls, fluorescent tube lighting and intercom entry to each office suite.
There are three designated parking spaces in an adjacent car park accessed off Wilson Street
Ground Floor 79.9 sq m (860 sq ft)
First Floor 44.1 sq m (475 sq ft)
Second Floor 92.0 sq m (990 sq ft)
Basement 45.9 sq m (494 sq ft)
Total 261 sq m (2,819 sq ft)
We understand that the premises benefit from B1 (Business) use but may be suitable for a variety of different uses subject to planning.
All planning information and enquiries should be directed to the planning team at derby City Council
The property is currently assessed as individual office suites and may need to be reassessed. (Source: VOA).
We understand that the property is registered for VAT. All figures are quoted exclusive of VAT.
Freehold. Vacant possession upon completion.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will 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. A full definition can be found within the Buyers Terms.
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