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Situated adjoining the Ascot Drive road junction, and part of a parade of shops with forecourt parking, an opportunity to acquire a mixed commercial and residential investment property.

Lot no: 0.0 Auction Event
 

Guide Price £0 plus fees


Thursday 12th February 2009

12.00am
Key Features
Situated adjoining the Ascot Drive road junction, and part of a parade of shops with forecourt parking, an opportunity to acquire a mixed commercial and residential investment property.
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Detached House

Property Description

Directions

Leave Derby City centre along Osmaston Road and continue for some distance towards Allenton.  On reaching the traffic light junction with Ascot Drive on the left, the premises will be found on the right hand side as part of a parade of shops.

 

Vendors Solicitors/Licensed Conveyancers

Matrix Solicitors, Normanton Business Centre, 258 Normanton Road, Derby  DE23 6WD – telephone 01332-363454

 

Tenure

Freehold.  Part let; part vacant.

 

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 11.30 am.  Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 contract handling fee of £750 (inc VAT) payable on the fall of the hammer.

 

*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.grahampennyauctions.com/glossary


 

Feature 1

MIXED COMMERCIAL/RESIDENTIAL INVESTMENT PROPERTY

Feature 2

Ground floor sales shop

Feature 3

One bedroomed self-contained upper floor flat on assured shorthold agreement

Feature 4

Total reserved rent approx. £13,000 per annum if fully let

Feature 5

EPC Rating : Awaited

Tenure: