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Store Pods FB030, SA002 & SA003, Situated at Store First House, Pride Park, Riverside Road, Derby, Derbyshire DE24 8HY

Lot no: 58 Sold at Auction for £10,000
 

Guide Price £10,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 21st September 2017

11.30am
Key Features
  • Three secure storage pods for sale as one lot
  • Currently part let and part vacant producing £1,612 per annum
  • Projected rental income when fully let of £4,836 per annum
  • Excellent opportunity for small company or single trader
  • EPC Rating: N/A
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Sold at Auction for £10,000

Storage

Property Description:

The storage pods individually boast 110 square foot area and are currently part let and part vacant producing £1,612 per annum.

Storage pod SA002 is currently let at £31.00 per week (£1,612 per annum). Storage pod SA003 and FB030 are both currently vacant and offers the potential for own personal storage.

We feel this is an excellent investment opportunity and will surely appeal to a small company or single trader in the Derby area. For further information please contact the auction office.

Lease Details

999 years from 13th November 2013.

Tenure:

Leasehold. Part let/part vacant.



Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will 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. A full definition can be found within the Buyers Terms.