Commercial
Gordon Road is a short cul-de-sac located off St. Chads Road, convenient for the City centre and within an established mainly residential location.
The premises have been in the same ownership for almost 50 years and have successfully traded as "Wrought Art". The property has come to the market on the occasion of the retirement of the owner occupier.
Briefly the premises comprise a two storied workshop with ancillary doors and garaging, together with a small yard and parking area accessed through a gated archway, with an adjacent end terraced house where the first floor accommodation has been converted into a two bedroomed self-contained flat, currently let on an assured shorthold agreement, and the ground floor accommodation has been used for storage in connection with owners business but had a scheme for conversion to a self-contained one bedroomed flat for which planning consent was granted back into 1990 but now lapsed.
In more detail the accommodation on offer is as follows
Gated yard leading into an enclosed parking area, at the end of which is a two storied brick built workshop, the ground floor having an area of about 946 sq ft with a first floor area of about 585 sq ft. The premises are gas centrally heated and have three phase electricity. The ground floor contains a kitchen area with an office off, whilst the first floor contains an enclosed store room.
Externally there are brick built stores and garages, in total about 262 sq ft, and the main building has vehicular access. External wc.
The former house has two floor accommodation (plus cellar) and comprises an entrance hall with stairs off to first floor, two store rooms – former living rooms – and a kitchen.
The first floor accommodation comprises a gas centrally heated, double glazed self-contained flat having a living room, dining kitchen, two double bedrooms and bathroom/wc. The flat is let on an assured shorthold agreement which commenced in June 2010.
Architects plans were drawn up back in 1990 for a scheme of conversion of the ground floor accommodation to provide a one bedroomed self contained flat and received planning consent but this has now lapsed. It is considered however that there is ample opportunity to renew the consent.
Tenancy Details
The first floor flat is let on an assured shorthold agreement from 15th June 2010 at a rent of £375 pcm, and the property is sold subject to such occupancy. The remainder is sold with vacant possession.
Directions
From the City centre leave along Mill Hill Lane bearing left at the bend onto Mill Hill Road and which in turn at the top of the hill becomes St. Chads Road. Gordon Road is then the third turning on the left (opposite Mount Carmel Street) and the premises will be found on the right hand side just below the school.
Vendors Solicitors/Licensed Conveyancers
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 buyers contract handling fee of £495 (inc VAT) payable on the fall of the hammer.
For Sale by Auction: Thursday 7th April 2011
At Pride Park Stadium, Derby
Commencing at 11.30 am
Mixed commercial and residential opportunity
Large two storied workshop and yard
Former end terraced house, used as storage at ground floor and self-contained flat at first floor
Potential to create a second flat (lapsed planning permission) and good investment opportunity
