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

11/11a Derby Road, Heanor, DE75 7QG

Lot no: 59.0 Re-entry to a future auction
 

Guide Price £85,000 plus fees


Thursday 17th October 2013

12.00am
Key Features
Situated on the corner of Derby Road and Mount Street, an excellent double fronted two storied property which has recently been the subject of a thorough refurbishment scheme.
Add to favourites
Re-entry to a future auction

Commercial

Property Description

FOR SALE BY AUCTION: THURSDAY 17TH OCTOBER 2013

AT PRIDE PARK STADIUM, DERBY

COMMENCING AT 11.30 AM

Situated on the corner of Derby Road and Mount Street, an
excellent double fronted two storied property which has recently been the subject
of a thorough refurbishment scheme.

The ground floor is used as a cafe and let on a five year lease
which commenced in May 2013.  The flat is
let on an assured shorthold agreement which has a further six months of a
twelve month agreement period to run.

The property, which is constructed of rendered brick under a
concrete tile roof, occupies a prominent position and comprises the following –

Recessed
Entrance Porch

Double Fronted
Cafe 31' x 13'6" internal

Having a wide frontage with return display window to Mount Street,
roller shutters to all three display windows, serving area with usual
facilities.

To the rear is a Store Room
and accessed off is a Kitchen/Wash Up
Area.

Rear Lobby

With Food Store off
(12'6" x 5').  Separate wc.

11a Derby Road
First Floor Flat (accessed off Mount Street at side).

The uPVC double glazed accommodation is as follows

Entrance Lobby leading into Entrance Hall with stairs off to first
floor.

Large Landing
Area

Kitchen

With modern fittings.

Bathroom

With white three piece suite including shower over bath.

Sitting Room

With electric heater in feature fireplace surround and windows to
two elevations.

Two Bedrooms

Tenancy Details

The cafe is left on a five year full self-repair and insure lease  from 27th May
2013 at a reserved rent of £450 per calendar month and includes a two year
review.

The flat is let on a twelve month assured shorthold agreement from
March 2013 at a rent of £450 per calendar month.

Combined Reserved
Rent - £10,800 p.a.

Vendors Solicitors/Licensed Conveyancers

Flint Bishop, St. Michaels Court, St.
Michaels Lane, Derby DE1 3HQ – telephone 01332-340211

Tenure

Freehold. Subject to lease/tenancy

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 £500 (plus VAT) payable on the
fall of the hammer.

FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE

WWW.GRAHAMPENNY.COM

Feature 1

Prominent mixed commercial/residential investment property

Feature 2

Recently refurbished ground floor cafe

Feature 3

Self contained first floor flat

Feature 4

Both let on tenancies – combined rent £10,800 p.a.

Feature 5

Energy Efficiency Ratings : 11 – D; 11A - G

Tenure: