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Lynton Mill House, Lynton Street, Derby, DE22 3RW

Lot no: 35.0 Sold at Auction for £148,000
 

Guide Price £115,000 plus fees


Thursday 3rd September 2009

12.00am
Key Features
Three storied former mill now converted into office accommodation
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Sold at Auction for £148,000

Commercial

Property Description

Situated a short distance from Uttoxeter New Road, and a convenient distance from the City centre as well as ease of access onto the City ringroad, A38 and A50, an opportunity to acquire an imposing three storied former mill building, fully renovated and converted into office accommodation, having the benefit of parking to rear.

 

The offices have potential for development, and planning consent has been obtained to the front and rear elevations to provide circa 12 office suites.

 

The present accommodation provides cellular office accommodation with ancillary storage and kitchen/wc facilities on each floor.  The property is carpeted throughout and heated via perimeter gas fired radiators.

 

ACCOMMODATION -

 

Ground Floor Offices

96.55 square metres (1,040 square feet)

 

Ground Floor Stores

31.46 square metres (339 square feet).

 

First Floor Offices

126.41 square metres (1,361 square feet).

 

Second Floor Offices

140.04 square metres (1,507 square feet).

 

 

Total Square Metres - 394.46

Total Square Feet - 4,247

 

 

 

Directions

From Derby city centre leave along Curzon Street following into Uttoxeter New Road.  After a quarter of mile turn left into Peet Street and take the second turning on the left into Lynton Street where the premises will be found immediately on the right hand side.

 

Tenure

Freehold. Vacant possession on completion.

 

Rateable Value

Understood to be £18,250

 

Planning

We understand the property has planning consent under reference DER/04/08/00695 for alterations to form office suites.

 

We understand that enquiries of the local planning authority have suggested that other uses including residential may be considered.

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 £350 (inc VAT) payable on the fall of the hammer.

For Sale by Auction: Thursday 3rd September 2009

At Pride Park Stadium, Derby

Commencing at 11.30 am

www.grahampenny.com

Feature 1

Former mill building converted to office accommodation

Feature 2

Three storied character property with rear parking

Feature 3

Accommodation extending to about 394 square metres – 4,247 square feet

Tenure: