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8 Church Street, Heanor, DE75 7AH

Lot no: 54.0 Sold at Auction for £54,000
 

Guide Price £39,000 plus fees


Thursday 17th February 2011

12.00am
Key Features
COMMERCIAL/RESIDENTIAL INVESTMENT PROPERTY
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Sold at Auction for £54,000

Commercial

Property Description

An opportunity to acquire a mixed residential and commercial investment property being semi detached premises close to the top of Hands Road, let in its entirety on a rolling lease at a rental of £3,600 per annum.

 

In more detail the accommodation which is constructed of brick under a slate roof comprises

 

Retail Sales Shop 22' deep x 11'6" average width

With double glazed display window, recessed entrance, uPVC entrance door, rear window.

 

Rear Lobby

 

Repair/Stock Room

With uPVC double glazed window. Access through to

 

Kitchen

With stainless steel sink, work surface, uPVC double glazed window. Wc off.

 

8a Heanor Road: Self contained Flat, having

 

Entrance Lobby

With stairs to first floor and store cupboard.

 

Landing

 

Sitting Room

With laminate floor, Office off.

 

Kitchen

 

Double Bedroom

 

Bathroom

With white three piece suite.

 

Outside

Enclosed rear yard and small garden.

 

Directions

Proceed from the Derby or Ripley direction into the Market Place in Heanor, continuing past St. Lawrence Church on the left hand side and bearing left at the traffic lights. The premises will be found almost immediately on the right hand side. Take the first right hand turn into Hands Road for parking.

 

Tenure

Freehold. Subject to tenancy.

 

Lease Details

The premises are let on a rolling year to year lease from 8th February 2007 at a rent of £3,600 per annum, subject to review. Last review due 8th February 2010.

 

Note

The fixtures and fittings are tenants improvements and do not pass with the premises.

 

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 Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.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 buyers contract handling fee of £495 (inc VAT) payable on the fall of the hammer.

 

For Sale by Auction: Thursday 17th February 2011

At Pride Park Stadium, Derby

Commencing at 11.30 am

www.grahampenny.com

 

Feature 1

COMMERCIAL/RESIDENTIAL INVESTMENT PROPERTY

Feature 2

Substantial two floor semi detached premises

Feature 3

Ground floor retail sales unit; self contained first floor flat

Feature 4

Let on rolling lease to A.A. Computers

Feature 5

Prominent location close top of Hands Road

Tenure: