Commercial
DRAFT DETAILS ONLY.
Located within the town centre, an opportunity to acquire a substantial and extensive retail sales shop with upper floor self contained living accommodation, the flat being of particularly good quality and providing gas centrally heated, double glazed, carpeted, three bedroomed accommodation arranged over two floors.
The ground floor is let on a 20 year lease which commenced December 2005 operating under the title of Rose Garden Chinese Takeaway. The premises front a busy main street and are located within a similar parade of shops with upper floor accommodation.
In more detail the accommodation comprises:
Ground Floor Retail Sales Unit
With ancillary accommodation trading as Rose Garden Chinese Takeaway and occupied under a 20 year lease (the auctioneers have not inspected).
35a Market Street
A self contained spacious and well appointed flat having an enclosed side entrance passage, entrance lobby with stairs up to first floor.
Sitting Room
With two uPVC double glazed windows to front elevation.
Kitchen
Having modern fittings including inset stainless steel sink to work surface, a range of base and wall cupboard units, walk in pantry /store place off.
Bedroom or Second Sitting Room
With fitted bookshelves to recess, stairs to second floor landing.
Bathroom
With three piece white suite of fittings.
2nd Floor Landing
Rear Double Bedroom
Large Front Double Bedroom
With two uPVC double glazed windows and walk in store cupboard.
Outside
Externally there is an enclosed rear yard and a town style garden.
Letting Details
The whole of the ground floor is let on a 20 year lease commencing 9th December 2005 at a rent of £550 pcm.
Let Flat.
Tenure
Freehold. Part let; part vacant.
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 Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.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 1st September 2011
At Pride Park Stadium, Derby
Commencing at 11.30 am
Mixed commercial / residential INVESTMENT PROPERTY
Let ground floor retail unit
Let self contained upper floor flat, 3 bedrooms
