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734 Osmaston Road , Allenton , DE24 8GU

Lot no: 48.0 Sold at Auction for £131,000
 

Guide Price £115,000 plus fees


Thursday 11th July 2013

12.00am
Key Features
Prominently located almost opposite Ascot Drive, a brick and tile semi detached shop with two flats providing excellent investment return, close to all facilities. Forecourt parking.
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Sold at Auction for £131,000

Commercial

Property Description

DRAFT DETAILS ONLY.

Prominently located almost opposite Ascot Drive, a brick and tile
semi detached shop with two flats providing excellent investment return, close
to all facilities.  Forecourt parking.

The accommodation is as follows

Sales Shop 23' x
13'10" overall

Having wide display window with toughed glass, and security
grills, window blinds included.  Rear Lobby with storage area off and
access to WC with wash basin.  The shop
has a security alarm system, and it's own water and electric meters.

Gates Side Access

Leading to

Ground Floor Flat

Having Breakfast Kitchen,
Utility Area, Living Room, Bedroom, Bathroom/wc.  Rear yard/garden.

First Floor Flat

Having Entrance Lobby
with store cupboard and stairs to Sitting
Room with Kitchen Area, Bathroom/wc,
Two Bedrooms, Walk-In Store Cupboard (intended shower room.

Tenancy Schedule

The shop is let at £450 per calendar month.

The ground floor flat is let at £375 per calendar month.

The first floor flat is let at £400 per calendar month.

Total Reserved
rent £14,700 per annum.

Vendors Solicitors/Licensed Conveyancers

John M. Lewis & Co, 92 St. Peter's
Street, Derby  DE1 1SR – telephone
01332-292204

Tenure

Freehold. Subject to tenancies.

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 nor
withdrawn.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 £600 (inc VAT) payable on the fall of the hammer.

FOR SALE BY AUCTION: THURSDAY 11TH JULY 2013

AT PRIDE PARK STADIUM, DERBY

COMMENCING AT 11.30 AM

FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE

WWW.GRAHAMPENNY.COM

Feature 1

Residential/commercial investment property

Feature 2

Prominently located let retail sales shop

Feature 3

Two self-contained flats, one two bedroomed, and both let

Feature 4

Total yield circa £14,700 per annum

Feature 5

Energy Efficiency Rating – Shop – Awaited; Flat A – Awaited; Flat B – G.

Tenure: