Storage
DRAFT DETAILS AWAITING VENDOR APPROVAL. The storage pods both measure 110 square foot and are currently let on a week by week basis, at approximately £247 per 12 weeks (rental income figure to be confirmed).
Containers can be accessed 24 hours a day / 7 days per week. Store First is a purpose built facility catering for both domestic and business self‐storage customers. Onsite facilities for occupiers include Free WiFi, boardroom facilities, workspaces and gym.
We feel this is an excellent investment opportunity and will surely appeal to a small company or single trader in the Derby area.
The Lease is 999 years from 1 November 2013 at an annual rent of £110.00 (exclusive of VAT) until 31 October 2023 and then rising by 25% for the next 10 years and by 25% again every 10 years for the first 100 years of the term.
The rent is payable in advance on each 1 November
Leasehold.
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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