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1 The Walkway, Grosvenor Road, Ripley, DE5 3JF

Lot no: 24.0 Sold at Auction for £106,000
 

Guide Price £68,000 plus fees


Thursday 4th June 2015

12.00am
Key Features
A substantial commercial freehold property situated on a busy thorough-fare to Ripley town centre currently let at £8,250 per annum.
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Sold at Auction for £106,000

Commercial

Property Description

FOR SALE BY AUCTION: THURSDAY 4TH JUNE

AT IPRO STADIUM, DERBY

COMMENCING AT 11.30 AM

DRAFT DETAILS ONLY.

A substantial commercial freehold property situated on a busy thorough-fare to Ripley town centre currently let at £8,250 per annum.

ACCOMMODATION
The auctioneers have not inspected the property but believe it to comprise

Large retail sales area with storage and ancillary accommodation to the first floor.

Tenure
Freehold. Subject to lease.

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 Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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

WWW.GRAHAMPENNY.COM

Feature 1

A substantial commercial investment property

Feature 2

Large retail sales area, storage & ancillary accommodation

Feature 3

Currently let at £8,250 p.a.

Feature 4

Situated on a busy through-fare to Ripley town centre

Feature 5

EPC Rating : Awaited

Tenure: