Retail Property (High Street)
An excellent commercial investment opportunity to acquire a very realistically price and well-appointed retail accommodation, with ancillary first and second floor storage/offices, split into two separate self contained areas, with viewing advised to fully understand the spacious layout. Situated within the St. Peters Quarter of the City of Derby. Extending in total to 1,618 sq. ft / 150 sqm.
Ground Floor Retail - 732 sq. ft. / 68.06 sqm.
First floor Four Rooms - 455 sq. ft. / 42.3 sqm.
Second Floor Four Rooms - 431 sq. ft. / 40 sqm.
The property is situated in a prominent position, at the bottom of Green Lane, close to its junction with Victoria Street, within the St. Peters Quarter district of Derby city centre. The property enjoys a central location, close to The Strand and The Wardwick, together with the pedestrianised retail areas of Cornmarket, and St. Peters Street. The Derbion shopping centre is within 5-minute walking distance. The premises are also opposite the new St. James Securities, Becketwell Regeneration Scheme, incorporating multi-storey apartments, retail, hotel, and leisure facilities.
Additional Information
Grade II Listed
Parking Arrangements: TBC
Water: TBC
Electric: TBC
Sewerage: Mains
Heating: TBC
Building construction:
Floor Risk: Surface water high
Broadband: Standard and superfast available
Mobile Signal: o2, EE, Three and vodafone available
Satellite and Cable TV Availability: BT and Sky available
These sales details are awaiting vendor approval.
27ft 3 x 26ft 6ft 79 Roller shutter doors, changing rooms, range of downlighters and enclosed staircase
6ft 7 x 2ft 5
3ft 4 x 2ft 4
L-shaped 19ft 8 x 13ft 5
9ft x 5ft 7
7ft 6 x 4ft 9
6ft 7 x 3ft 9
13ft 5 x 10ft 4
13ft 5 x 10ft 4
10ft 5 x 5ft 1
7ft 2 x 6ft 7
L-shaped 13ft 3 12ft
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 auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 inc. VAT
The Buyers 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 Price
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.
