property
Situated on the corner of Brackens Lane and Holtlands Avenue, a prominent double fronted retail sales unit, part let, part vacant, with deep tarmac'd forecourt, and with a separately accessed two bedroomed flat with accommodation on two floors.
The property is located in a residential area but with a small parade of shops either side of Holtlands Drive corner. The retail unit is occupied by a well established hairdressing business paying £40 per week (£2,080 per annum) on an informal arrangement, whilst there is a further small shop or potential office with large window display that is vacant. The flat is capable of deriving an income of between £4,500 and £5,000 per annum, and in addition the sale includes the freehold of flats 4b and c which were sold leasehold several years ago.
In more detail the accommodation is as follows -
Enclosed Entrance Lobby
With central entrance door and internal doors leading to hairdressing salon and office.
Salon 17'9" x 11'6"
Having full width display window, electric storage heater. Access off to passageway leading to Kitchen Area. Separate wc.
Office 10'8" minimum x 8'
With electric storage heater, wide display window to forecourt, open plan stairs to first floor.
Whilst there is access from the office to the first floor, there is also independent access and the accommodation comprises -
Flat 4A-
Large Lounge/Dining Room 19'9" x 10'7" plus recess (including stairwell)
Having two windows and electric storage heater.
Kitchen 11'3" x 6'9"
Having full length work surface with inset stainless steel sink, base cupboards and drawers, additional area of work surface with base cupboards and drawers and appliance space, plumbing for washing machine.
Inner Landing
With external access via shared main staircase.
Bathroom/Wc
Having white three piece suite of panelled bath, pedestal wash basin, low flush wc, airing cupboard with hot water cylinder.
Staircase to second floor and -
Landing
With built in store cupboard.
Bedroom One 11'6" x 10'6"
With dormer window, electric storage heater, row of storage boxes.
Bedroom Two 13'5" x 11'9"
With Velux roof light.
Externally
There is a surfaced forecourt providing off road parking.
Ground Rents
Two adjacent flats (4b and 4c) were sold sometime ago as leasehold premises and the sale of number 2 includes the freehold - hence deriving an income from the ground rents .
Directions
From the City centre take the London Road into Alvaston, continuing straight ahead at the first traffic island and at the second traffic island turning right onto Harvey Road (ringroad). By the pelican crossing turn immediately left into Boulton Lane and follow the road as far as the mini traffic island, turning right onto Brackens Lane. Holtlands Drive will be found on the left hand side.
Vendors Solicitors/Licensed Conveyancers
Bakewells, 64 Friar Gate, Derby
Tenure
Freehold. Vacant possession on completion.
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 or 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 or credit card deposits.
The sale of each lot is subject to a contract documentation charge of £250 (inc VAT) payable on the fall of the hammer.
For Sale by Auction: Thursday 2nd April 2009
At Pride Park Stadium, Derby
Commencing at 11.30 am
.jpg)