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32 Osmaston Road, Derby, DE1 2HS

Lot no: 46.0 Withdrawn
 

Guide Price £195,000 plus fees


Thursday 6th September 2012

12.00am
Key Features
Substantial (1600 sq ft) first and second floor offices with large car park
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Commercial

Property Description

Situated in this central location close to the Westfield shopping
centre is the opportunity to acquire substantial first and second floor offices
of approximately 1600 sq ft with attractive ground floor entrance doors.  These are sold are long leasehold or virtual freehold basis with approximately 975 years remaining on the lease.

To the rear of the offices is a substantial freehold car park
providing 25 spaces and a potential rental income of circa £14,500 per
annum.  There is considered to be residential or commercial development possibilities on the car park subject to appropriate planning consent.  The entire site is sold with vacant possession.

The accommodation in more detail comprises

Entrance Lobby,
Hall and Staircase to First Floor.

First Floor

Reception Area
11'4" x 10'4"

With radiator.

Lobby Area

With two radiators.

Office One 16'1"
x 13'5" into bay

With uPVC double glazed bay window to front elevation and
radiator.

Gents and Ladies
WC's

Office Two 14'5"
x 13'9" into bay

With uPVC double glazed bay window and radiator.

Office/Store
11'4" x 5'5"

Kitchen 7' x 6'

With basic units, sink unit, gas cooker, central heating boiler,
uPVC double glazed window.

Second Floor

Landing

Office Three
(Front) 11'5" x 9'5"

With uPVC double glazed window and radiator.

Office Four
(Rear) 11'4" x 10'

With airing cupboard, uPVC double glazed window and radiator.

Office Five
(Rear) 11'5" x 10'5"

With uPVC double glazed window and radiator.

Office/Store
11'4" x 5'5"

Storage/Archive
Room 11'6" x 4'6"

Office Six 11'6"
x 9'2"

With uPVC double glazed window and radiator.

Further Store
Room 8'5" x 5'2"

Outside

There is a substantial 25 space car park
to the rear fronting onto and accessed Backsitwell Street.  The car park has previously been let and when fully let produces an annual income of £14,500 per annum.  It is considered that there is a very reasonable prospect of development potential on the car park for an office
block or apartments subject to appropriate planning consent.

Directions

The property is situated in the centre
of Derby very close to the Spot and almost directly opposite the Westfield
shopping centre.

Vendors Solicitors/Licensed Conveyancers

Moody & Woolley, 40 St. Mary's Gate,
Derby DE1 3JX  telephone 01332-344221

Tenure

For the avoidance of doubt, the offices
and car park are to be sold as one lot but on two separate titles. The car park
is registered on a freehold title and the offices are registered on a long
leasehold (virtual freehold) title with a 999 year lease from 1988 with a
peppercorn ground rent.

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 6TH SEPTEMBER 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

Substantial (1600 sq ft) first and second floor offices

Feature 2

Attractive ground floor entrance

Feature 3

Large car park (25 spaces)

Feature 4

Residential/commercial development potential on car park

Feature 5

Central location close to Westfield shopping centre

Tenure: