Commercial
FOR SALE BY AUCTION: THURSDAY 10TH SEPTEMBER.
AT IPRO STADIUM, DERBY.
COMMENCING AT 11.30 AM.
DRAFT DETAILS ONLY.
Prominently situated in the heart of Derby City centre with its main frontage on St. Peter’s Churchyard close to its junction with Green Lane. With vehicular access from Green Lane providing off-road parking for several vehicles. The property benefits from being located close to the Intu shopping centre (formerly Westfield) which houses 190 shops, an extensive food court and 12 screen cinema. The property is situated within Derby City Council’s Townscape Heritage Initiative District which means subject to making the necessary applications, there is the possibility of receiving grants for improvements.
Description:
The property comprises a substantial retail unit with expansive office accommodation above arranged over the first and second floors. To the rear of the property with access off Green Lane, there is vehicular access and off-road parking. Subject to obtaining the necessary planning consents the property offers excellent potential for further development or a change of use. If the partitioning were removed from the first floor offices, the floor area would be 2,233 sq ft.
Accommodation:
Ground Floor Retail: 2,233 sq ft
Two Ground Floor Stores: 231 sq ft & 527 sq ft
Two Basements Stores
First Floor Offices: 1,639 sq ft
Second Floor Offices: 787 sq ft
Vendors Solicitors/Licensed Conveyancers
Irvings, 21 Ashbourne Road, Derby DE22 3FQ. Telephone 01332-346036
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 COMMERCIAL INVESTMENT PROPERTY
Prominently situated in the heart of Derby City centre and St. Peter's Quarter
Retail unit and office accommodation to first and second floors
Vehicular access off Green Lane with off-road parking
EPC Rating : B (retail)
