Commercial
FOR SALE BY AUCTION: TUESDAY 21ST JULY 2015.
AT IPRO STADIUM, DERBY.
COMMENCING AT 11.30 AM.
DRAFT DETAILS ONLY.
SUPERB COMEMRCIAL INVESTMENT PROPERTY. Well appointed ground floor sale areas, formerly a ladies clothes shop with changing rooms to the rear. First and second floor accommodation currently used as storage with its own access directly from Green Lane. Offering excellent investment potential and subject to obtaining the necessary planning consents could provide both residential and commercial accommodation.
The property is situated on Green Lane which is the major thoroughfare through the lanes of retail district of Derby City centre. Green Lane lies to the west of the new Intu shopping centre directly adjacent to the former Debenhams department store.
GROUND FLOOR
Retail Sales Area 55'3" x 10'5"
Changing Rooms 13'3" x 7'2"
Stairs to First Floor.
FIRST FLOOR
Large Studio Room 36'8" x 12'9"
Kitchen 7'1" x 6'
Hallway
With wall mounted gas central heating boiler.
Front Storage Room 10'9" x 10'
Wc
With low flush wc and basin.
Stairs to Second Floor
SECOND FLOOR
Rear Storage Room 10'6" x 8'6"
Front Storage Room 14' x 13'4"
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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
City centre location
Ground floor well fitted retail premises
First and second floor accommodation with own access from Green Lane
Excellent investment property
EPC Rating : D
