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316 Normanton Road , Derby , DE23 6WE

Lot no: 19.0 Sold at Auction for £166,000
 

Guide Price £130,000 plus fees


Thursday 10th July 2014

12.00am
Key Features
Located in an extremely busy trading area, an opportunity to acquire a three storied shop unit, sold subject to occupancy, and two floor upper floor accommodation divided into two self-contained one bedroomed flats.
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Sold at Auction for £166,000

Commercial

Property Description

FOR SALE BY AUCTION: THURSDAY 10TH JULY

AT IPRO STADIUM, DERBY

COMMENCING AT 11.30 AM

DRAFT DETAILS ONLY.

Located in an extremely busy trading area, an opportunity to acquire a three storied shop unit, sold subject to occupancy, and two floor upper floor accommodation divided into two self-contained one bedroomed flats.

All have the benefit of gas central heating and, with the exception of flat two are double glazed.

In more detail they comprise

Sales shop 24'9" extending to 28' x 12'2"

Having aluminium glazed shop front with single entrance door, two double central heating radiators.

Office 11'3" x 5'6"

With central heating radiator.

Working Area

Rear Entrance Lobby

With understair cupboard.

Kitchenette/wc

With central heating boiler and central heating radiator.

Separate Rear Access to Two Flats

Communal Entrance Lobby

And stairs to first floor.

Flat One

Having hallway, bedroom, kitchen, sitting room and bathroom/wc.

Flat Two

Having sitting room, kitchen, stairs to second floor with bedroom and bathroom/wc.

NOTE - Both flats have the benefit of gas central heating and flat one has uPVC double glazing.

Occupancy

The ground floor shop premises trade as the Security Centre at a rent of £280 per calendar month.

Directions

From the City inner ringroad leave along Normanton Road, passing through two sets of traffic lights (ignoring pelican crossings), the second being Rosehill Street and the property will be found thereafter on the right hand side some 50 yards further on.

Vendors Solicitors/Licensed Conveyancers

Shacklocks, 25 Chapel street, Belper, Derbys DE56 1AR – telephone 01773-822333.

Tenure

Freehold.

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

WWW.GRAHAMPENNY.COM

Feature 1

Prominently situated retail premises (currently occupied)

Feature 2

Two separate one bedroomed flats above (vacant)

Feature 3

Capable of deriving a high yield if fully let

Feature 4

Excellent investment

Feature 5

EPC Rating : D

Tenure: