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Horse and Groom Pub, 48 Elms Street, Derby, Derbyshire DE1 3HN

Lot no: 44 Sold at Auction for £252,000
 

Guide Price £135,000+ 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 a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 22nd February 2018

11.30am
Key Features
  • Public house with two bedroomed residential accommodation over
  • Corner position in popular location
  • Excellent opportunity
  • EPC Rating: C
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Sold at Auction for £252,000

Pub

Property Description:

The property benefits from some original detailing including stone headers, sills and mullions.

GROUND FLOOR:
Public Bars

157.41 sq.m. 1,694 sq.ft.

Rear Lobby

7.56 sq.m. 81 sq.ft.

Store

0.33 sq.m. 4 sq.ft..

Kitchen Area

10.30 sq.m. 111 sq.ft.

Female WC

10.72 sq.m. 115 sq.ft.

Passage

8.18 sq.m. 88 sq.ft.

Boiler Room

3.14 sq.m. 34 sq.ft.

Male WC

10.72 sq.m. 115 sq.ft.

Cellar

45.10 sq.m. 485 sq.ft.

Total Ground Floor Accommodation

253.46 sq.m. 2,727 sq.ft.

FIRST FLOOR:
Function Room

54.99 sq.m. 592 sq.ft.

RESIDENTIAL ACCOMMODATION:
Lobby

6.41 sq.m. 69 sq.ft.

Bathroom

4.55 sq.m. 49 sq.ft.

Bedroom

12.98 sq.m. 140 sq.ft.

Bedroom

12.19 sq.m. 131 sq.ft.

Store

1.48 sq.m. 16 sq.ft.

Kitchen

13.40 sq.m. 144 sq.ft.

Store

1.18 sq.m. 13 sq.ft.

Store

2.90 sq.m. 31 sq.ft.

Living Room

20.52 sq.m. 221 sq.ft.

Dining Area

10.11 sq.m. 109 sq.ft

Total Residential Accommodation

85.72 sq.m. 923 sq.ft.

TOTAL ACCOMMODATION

394.17 sq.m. 4,242 sq.ft

NOTE

The purchase price will be subject to VAT at the current rate.

Tenure:

Freehold. Vacant possession upon completion.



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.