Commercial
FOR SALE BY AUCTION: THURSDAY 16TH APRIL
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM
DRAFT DETAILS ONLY.
A superb investment opportunity currently comprising a traditional commercial building consisting of a reception area with storage and warehousing along with office accommodation. Originally built in the 1940’s with an extension added in 1999, the property benefits from intruder and fire alarms throughout, emergency lighting and security grills to the external windows. Externally the site provides approximately 185 square metres with a palisaded fence to the road frontage with a sliding security gate off Woods Lane. Within the site there is parking for three to four cars.
Subject to obtaining the necessary planning consent, the property offers an excellent opportunity for the potential conversion to provide residential accommodation and could easily be extended or indeed further developed.
The accommodation briefly comprises
Approximately 87.9 square metres/946 square feet on a single level with
Reception Area 7'8" x 7'6"
Office Accommodation 7'8" x 8'
Store Room 8' x 18'4"
Warehouse 22'6" x 38'7"
(Both dimensions are maximums and the room is of an irregular shape).
WC
Sales Office 13' x 9'5"
Directions
Leave the City centre along Abbey Street, crossing Mercian Way and continuing towards Burton Road. Presently turn right into Boyer Street, take the first turning on the right into Farm Street and then first into Woods Lane where the property will be identified by our for sale by auction board.
Vendors Solicitors/Licensed Conveyancers
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 all property is subject to a buyers fee of £750 (inc VAT).
*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
SUPERB INVESTMENT OPPORTUNITY
Commercial accommodation with off-street parking
Residential/industrial location
Potential for residential development (stpc)
EPC Rating : F
