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118 Bedford Street, Derby, DE22 3PE

Lot no: 41.0 Re-entry to a future auction
 

Guide Price £88,000 plus fees


Thursday 23rd October 2014

12.00am
Key Features
An opportunity to acquire a double fronted retail sales shop situated within a relatively densely populated area.
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Re-entry to a future auction

Commercial

Property Description

FOR SALE BY AUCTION: THURSDAY 23RD OCTOBER 

AT IPRO STADIUM, DERBY

COMMENCING AT 11.30 AM

DRAFT DETAILS ONLY.

Prominently situated, within the context of a mainly residential area, an opportunity to acquire former Co-op shop premises, although the present electrical business (which is being extinguished) has been in operation from that address for some 28 years.

The retail sales shop is double fronted set back behind a forecourt permitting off road parking, and in addition there is a gated enclosed yard to side plus driveway.  The premises are suited to a variety of purposes, within a relatively densely populated area.  Any change of use is of course subject to the necessary planning permission.

Bedford Street runs off the end of St. Albans Road through to Camden Street, and links onto Uttoxeter New Road.  In more detail the accommodation is as follows

Double Fronted Sales Shop 19’10” x 14’6” plus depth of display windows
Having a recessed single entrance door, deep display windows with external metal shuttering, fitted L-shaped counter, double radiator and doors to both office and store room.

Office 17’ x 6’9”
With central heating radiator and wall mounted central heating boiler. 

Store Room 17’6” x 13’
With central heating radiator and access through to

Store Room/Office 18’8” x 12’11”
With double radiator, additional partitioned storage area off.

Lobby
With central heating radiator and access to wc.

Side Store Room/Work Room 18’6” x 9’8”
Having metal double outer doors to yard, Belfast sink, double radiator and stairs off to basement beneath.

Rear Hall
With side door to yard, small stock cupboard and separate wc.

Kitchen
With work surfaces, stainless steel sink, fridge and appliance space.

Outside
Open forecourt and driveway to pavement and road with off road parking.  Double gates enclosing a yard.  Covered access to

Rear Lean-To Store/Working Area 28’4” x 10’
Having metal roller shutter door, light and power connected and internal wc.

Council Tax
The premises are rated as shop and premises for council tax purposes.

Tenure
Freehold. 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 

 

Feature 1

EXCELLENT COMMERCIAL OPPORTUNITY

Feature 2

Double fronted retail sales shop with extensive work room/storage

Feature 3

Former electrical supply/repair business premises

Feature 4

Suited to a variety of alternative purposes (subject to planning)

Feature 5

EPC Rating : E

Tenure: