Other
* UNSOLD AT AUCTION. AVAILABLE AND OPEN TO OFFERS. *
A rare development opportunity to acquire a three storey Mill complex with planning permission for 22, one and two bedroomed apartments, with 5 ground floor workstations. Parking on site for each unit. The property is located close to the City Centre and overlooks a local recreation ground. The development would be suitable for sale of individual units or for long term investment. Alternative office or commercial development could be considered subject to planning permission.
Services
All mains services are believed to be available to the property but confirmation should be sought from the statutory undertakers. No tests have been carried out to any services, installations or fixtures and fittings within the property. Prospective purchasers are advised to undertake their own investigations concerning their suitability and condition.
Planning Details
Planning consent was granted by Derby City Council under DER/04/10/00433/PRI. An extension of time for a further three years was granted on 10th September 2014.
Note
We are given to understand that due to the age and construction of the property, it may contain asbestos and other hazardous material. No asbestos or environmental report has been commissioned and purchasers are to make their own investigation.
The property has been secured and internal viewing is not available to prospective purchasers without prior arrangement.
Directions
From Derby City centre proceed along Ashbourne Road turning left at the junction into Uttoxeter Old Road turning right into Parcel Terrace and then left into Coke Street, where the property can be found.
Vendors Solicitors/Licensed Conveyancers
Hawley & Rodgers, 42-44 Market Place, Long Eaton, Nottingham NG10 1LT - telephone 0115-946 1061
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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
Three storey mill complex close to City centre
Planning consent for 22 apartments plus 5 ground floor workstations
Office development considered (stpc)
Excellent opportunity
