fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

175 London Road, Derby, DE1 2SU

Lot no: 35.0 Withdrawn
 

Guide Price £85,000 plus fees


Thursday 17th May 2012

12.00am
Key Features
MIXED RETAIL/RESIDENTIAL PREMISES
Add to favourites
Withdrawn

Commercial

Property Description

DRAFT DETAILS ONLY.

Prominently situated fronting a busy arterial road, a short
distance from Midland Road and access to the station, with the former
Derbyshire Royal Infirmary site on the opposite side (under consideration for
extensive redevelopment).

The auctioneers have not inspected the property internally but if
comprises a double fronted retail sales unit with corner entrance door and
lengthy display windows.  The first floor
can be accessed either via the shop or by a separate side door, and comprises
two bed-sits one of which is let.  The
other bed-sit could be used as additional storage for the retail element if
desired.

The ground floor area is approximately 593 sq ft (55.1 sq mtrs).

Bed-Sit One is approximately 328 sq ft (30.5 sq mtrs); Bed-Sit Two
is approximately 248 sq ft (23 sq mtrs).

Bed-Sit Two has been let on a verbal agreement to the same tenant
for the past 15 years at a rent of £57.50 per week (£2,990 p.a.)

Tenure

Freehold. Mainly vacant; one bed-sit
let.

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withdrawn.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 MAY 2012

AT PRIDE PARK STADIUM, DERBY

COMMENCING AT 11.30 AM

FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE

WWW.GRAHAMPENNY.COM

Feature 1

Prominently situated double fronted retail sales shop

Feature 2

Upper floor accommodation containing two bed-sits

Feature 3

Vacant possession (except for one bed-sit)

Feature 4

Busy road frontage

Tenure: