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348 Abbey Street, Derby, DE22 3SZ

Lot no: 39.0 Withdrawn
 

Guide Price £170,000 plus fees


Thursday 13th October 2011

12.00am
Key Features
COMMERCIAL/RESIDENTIAL INVESTMENT PROPERTY
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Commercial

Property Description

COMMERCIAL/RESIDENTIAL INVESTMENT PROPERTY. Prominently situated ground floor retail sales unit and four fully furnished upper floor flats, all let at a combined reserved rent of £24,880 per annum.

 

ACCOMMODATION :

 

Ground Floor :

Large ground floor retail sales unit, rear storage room, wc.

 

Upper Floor :

Four flats each having living room, kitchen, bedroom and bathroom. Flats are said to be fully furnished including white goods, double galzed and the benefit of storage heating.

NOTE :

The auctioneers have not inspected the property and have relied on the vendor for information.

TENANCY DETAILS :

The ground floor retail unit is let on a 10 year lease from August 2008 at a reserved rent of £7,200. The four flats are let on assured shorthold agreements at varying rents totalling £17,680 per annum. Total combined reserved rent £24,880 p.a.

 

TENURE :

 

Freehold

 

SUBJECT TO LEASES

 

VIEWING ARRANGEMENTS

 

By arrangement with the Auctioneers  01332-242880

 

GUIDE PRICE

 

£170,000+

 

For Sale by Auction: Thursday 13th October 2011

At Pride Park Stadium, Derby

Commencing at 11.30am

www.grahampenny.com

 

Tenure: