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2 Camden Street, Derby, Derbyshire DE22 3NR

Lot no: 47 Sold Prior to Auction
 

Guide Price £137,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 11th April 2019

11.30am
Key Features
  • Freehold shop with spacious residential accommodation above
  • 1 mile from the heart of Derby City centre
  • Popular residential location
  • Would suit owner occupier or investor
  • EPC Rating: F & E
  • Recently refurbished
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Sold Prior to Auction

Commercial Property

Property Description:

The building has recently been refurbished throughout and would suit anyone wanting to run a commercial business with living accommodation. Alternatively, it is ready for immediate occupation for lettings purposes for investors with retail and/or residential portfolios.

The building has gas central heating and double glazed windows throughout.

The main ground floor retail area offers 293sq ft of accommodation with a further 119sq ft of kitchen/prep space to the rear of the property. A basement with ample storage space is accessed from the main shop area. There is access to a small yard area outside WC and store. A passage leads from the rear yard directly onto the street. There is also access to the ground floor Kitchen serving the residential accommodation.

The residential accommodation is accessed via a separate door fronting the main road. Upon entry there is a large kitchen/living/dinner to the right of the entrance on the ground floor. Stairs lead to the 1st floor accommodation which comprises 3 double bedrooms and a family bathroom.

Accommodation Ground Floor
Main Retail Area: 27.2m2 (293sq ft)

Glazed frontage with access to basement storage space.

Retail Kitchen/Prep Area: 11.1m2 (119sq ft)

Window overlooking rear yard.

Residential Kitchen: 30.5m2 (328sq ft)

With front facing windows, radiator, sink unit, wall and floor mounted units and breakfast bar. To the rear of the kitchen is an access door leading to the rear yard.

First Floor Accommodation
Bedroom 1: 8.43m2 91sq ft)

With front facing window and radiator.

Bedroom 2: 12m2 (129sq ft)

With front facing window, and radiator.

Bedroom 3: 11.8m2 (127sq ft)

With side facing window radiator and walk in wardrobe/storage space: 3.5m2 38sq ft.

Family Bathroom:

With tiled floors and walls, bath/shower, wash hand basin, wc and boiler. rear facing window and radiator.

Outside Area:

Small rear yard extending to 7m2 (75sq ft) with outdoor WC and store. Access via passageway leading directly to the street.

Tenure:

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.