Storage
The storage pod is located on the second floor and we are given to understand by the seller that it measures 110 square foot and is currently let on a week by week basis, at approximately £513.50 per 12 weeks gross less service/man charge (rental income figure to be confirmed).
Containers can be accessed 24 hours a day / 7 days per week. Store First is a purpose built facility catering for both domestic and business self‐storage customers. Onsite facilities for occupiers include Free WiFi, boardroom facilities, workspaces and gym.
We feel this is an excellent investment opportunity and will surely appeal to a small company or single trader in the Derby area.
Leasehold. Long leasehold on effective FRI terms with c 993 years remaining.
We are advised all mains services with the exception of gas, are
connected to the main building and the costs are recovered via the service charge.
We understand the premises benefits from B8 (Storage and
Distribution) use under the Town and Country Planning (Use Classes) Order 1987.
Pride Park is a substantial and well‐established Business Park just 1.5 miles southeast of Derby City Centre. The business park currently extends approximately 180 acres, with approved plans by St. Modwen Developments for another c70 acres on the Derby Triangle site. The available container units are located within Store First which occupies a prominent and central position on Pride Park, fronting Derwent Parade, one of the busiest roads through Pride Park with c15,000 cars passing daily. Store First is situated directly opposite Derby County Football Club's Stadium and close to Derby Arena and the Pride Park Park and Ride. Pride Park benefits from excellent infrastructure links with direct access to the A52 and from there to the M1 motorway at J25, just 6.5 miles to the east.
The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.
Leasehold.
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.
