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

8 Strutt Street, Belper, DE56 1UN

Lot no: 79.0 Sold at Auction for £181,000
 

Guide Price £125,000 plus fees


Thursday 5th July 2012

12.00am
Key Features
Substantial Freehold commercial property extending to 9,115 sq ft, with current planning for A3 (Restaurant), A4 (Drinking Establishment) & A5 (Hot Food Takeaway), currently part let but mainly vacant and producing £10,000 per annum
Add to favourites
Sold at Auction for £181,000

Commercial

Property Description

DRAFT DETAILS ONLY.

The Property: 

Situated in the heart of Belper, this large property with
accommodation over three floors represents an excellent opportunity to acquire
substantial accommodation which is part let and part vacant, currently
producing £10,000 per annum but has scope for considerably higher or indeed
possibilities for the owner occupier. 

The lower ground floor is currently let to the Grand Belper Indian Cuisine at
£10,000 per annum until 30th September 2013. 

The upper ground floor provides a partially
fitted restaurant and offices, this extends to some 5,305 sq ft. 

Additionally there is a ground floor former
pizza take-away which extends to 345 sq ft and is also vacant.

Accommodation:

The premises are arranged over the lower ground floor and upper
ground floor and contain the following floor areas

Lower Ground Floor

3,465 sq ft

Let at £10,000 per annum until 30/09/13

Upper Ground Floor

5305 sq ft

Vacant

Former Pizza Take-away

345 sq ft

Vacant

Planning :

The existing planning consent is A3 restaurant, A4 drinking
establishment and A5 hot food take-away.

There is also planning consent in place for redevelopment to ten
apartments granted by Amber Valley Borough Council under reference
AVA/2008/0407.  All planning enquiries to
Amber Valley Planning Department on 01773-841571.

Directions

The approach from Derby is via the A6
heading north from the City centre passing through the suburbs of Darley Abbey
and Allestree and out into open countryside, through the villages of Duffield
and Milford and into Belper. 

At the roundabout at the bottom of the hill turn right, head towards the Market Place
and Strutt Street is situated on the left hand side as denoted by our for sale
by auction board.

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 5TH JULY 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

Large (9,115 sq ft) property split into three self-contained units

Feature 2

Part let, part vacant currently producing £10,000 p.a.

Feature 3

Potentially very high yielding investment opportunity or owner occupier opportunity

Tenure: