Commercial
FOR SALE BY AUCTION: THURSDAY 22ND MAY
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM
FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE
The property is located just off the Cavendish district centre prominently situated on a busy thoroughfare in a heavily populated residential district.
The double glazed premises comprise a double storied end of terraced building with recently refurbished and well equipped hair dressing salon on the ground floor and two, one bed apartments on ground and first floor respectively.
The hairdressing salon is subject to a business lease for a period of 3 years which commenced in April 2012. The two flats are subject to assured shorthold agreements.
In more detail the premises comprise the following
GROUND FLOOR
Entrance Hall
Leading into
Hairdressing Salon 28'8" x 11'6" narrowing to 9'4"
Having ceramic tiled floor, understair storage and full range of equipment.
FLAT
Having electric storage heating throughout and comprising -
Kitchen
With range of usual fittings.
Living Room
Bathroom
Having suite of bath, wash hand basin and wc.
Double Bedroom
FIRST FLOOR -
Landing Area
Rear Room 10'6" x 7'2"
Previously used as a nail salon.
Separate WC
With wc and wash hand basin.
FIRST FLOOR FLAT
Having -
Living Room
With gas fire.
Kitchen
With modern range of units.
Bathroom
With bath, wash hand basin and wc.
Bedroom
Tenancy Details
The hairdressing salon is the subject of a three year business lease which commenced on 2nd April 2012 for a period of 3 years at a rent of £8,840 per annum. The two flats are let on assured shorthold agreements each at a rent of £300 per calendar month (£7,200 per annum). Combined reserved rent £16,040 p.a.
Directions
The easiest approach the property is to take the Burton Road towards Littleover and at the junction with the outer ringroad bear left down Warwick Avenue. At the first roundabout take the first exit onto Stenson Road. Shortly, at the second roundabout take the first exit onto Upperdale Road and the property will be found immediately on the right hand side.
Vendors Solicitors/Licensed Conveyancers
Moody & Woolley, 40 St. Mary's Gate, Derby DE1 3JZ – telephone 01332-344221
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 deposits.
The sale of each lot is subject to a buyers contract handling fee of £750 (inc VAT) payable on the fall of the hammer.
FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE
EXCELLENT COMMERCIAL/RESIDENTIAL INVESTMENT PROPERTY
Long established hairdressing business
Two self-contained flats both let
Well maintained, refurbished premises close Cavendish centre
Combined reserved rent £16,040 p.a. (to be confirmed)
EPC Ratings: Shop- F & Top Floor Flat- E & Ground Floor Flat- E
