Commercial
FOR SALE BY AUCTION: THURSDAY 9TH JUNE 2016.
AT IPRO STADIUM, DERBY.
COMMENCING AT 11.30 AM.
DRAFT DETAILS ONLY.
A superb freehold opportunity to acquire a substantial two storey property with double fronted ground floor retail unit, and further first floor accommodation which could be potentially converted into two self-contained flats subject to the usual planning consents. Internally there is a comprehensive scheme of improvements required and in brief the ground floor accommodation comprises double fronted shop front with access leading through to a staircase, large office area and rear store room. To the first floor landing access is provided through to a large lounge, store/study room, kitchenette, sitting room/hallway with inner lobby providing further access onto two double bedrooms and a spacious wc. Outside there is a shared passageway and to the rear there is a right of way.
Long Eaton is located approximately 7 miles south-west of Nottingham and 10 miles east of Derby and 13 miles north of Loughborough. The town is well located to the east of the M1 motorway whilst there are regular direct train services from Long Eaton to St. Pancras with a journey time of approximately one hour, forty minutes.
An excellent investment opportunity which in more detail comprises -
Shop Front 23'7" x 37' maximum
With windows and doors to the front with protective railings, split level room with an opening through to an office area and a staircase.
Office Room 14' maximum x 23'7" maximum (Please note this is an irregular shaped room)
With window to side and inner lobby providing access through to the rear store room.
Rear Store Room 11'4" maximum x 9'9" (Please note this is an irregular shaped room)
With door leading out to the outside.
First Floor Landing
Large Lounge Area 16’9” reducing to 11'11" x 29'
With internal door leading through to a -
Store Room/Study 9'9" x 11'1" (Please note this is an irregular shaped room)
With window to rear.
Inner Hall/Sitting Room 13'3" into recess x 13'5"
With door leading through to inner lobby.
Kitchenette 7'6" x 6'
With a wall mounted cupboard, base unit, preparation surface, stainless steel sink and drainer.
Inner Lobby
Bedroom One/Office 13'1" into recess x 12'3"
With window to front elevation.
Bedroom Two/Office 12'2" x 10'3"
With window to front and fitted wardrobe.
WC 10'1" x 9'5"
Affording a low level wc and wash hand basin.
Note
We feel the first floor accommodation would allow itself to be converted into two flats subject to the usual planning consents.
Outside
To the side there is a shared passageway and to the rear there is a right of way.
Directions
On entering Long Eaton town centre along Derby Road, continue straight over at the first traffic island, taking a turn right onto Waverley Street, passing Tesco supermarket on the left hand side which then becomes Cross Street. At the traffic lights continue straight on into Main Street and the property will be situated on the right hand side as denoted by our auction for sale board
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 freehold investment property
Double fronted retail shop with further first floor accommodation
Potential to convert to self-contained flats (stpc)
Convenient town centre location, well positioned for A52, M1, Derby and Nottingham
EPC Rating : C
