Commercial
FOR SALE BY AUCTION - THURSDAY 11TH SEPTEMBER 2014
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM
DRAFT DETAILS ONLY.
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 and recently re-roofed. The property is sold on a long leasehold or virtual freehold basis with approximately 975 years remaining on the lease.
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"
Planning Information
Planning consent approved to convert to two flats under permitted development rights ref: DER/11/13/01364/PRI. A copy of which is available on request to the auctioneers.
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
Long leasehold (virtual freehold) title with a 999 year lease from 1988 with a peppercorn ground rent. Vacant possession on completion.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary
FOR EPC’S AND LEGALS PLEASE SEE THE WEBSITE
WWW.GRAHAMPENNY.COM
Substantial (1600 sq ft) first and second floor offices
Planning consent approved to convert to two flats under permitted development rights ref: DER/11/13/01364/PRI
Whole building recently re-roofed
Central location close to Westfield shopping centre
EPC Rating : E
