Commercial Property
Located at the end of a parade of shops on the busy arterial London Road is an extended and substantial two storey freehold commercial property conveniently positioned for Derby train station, the Intu shopping centre and city centre.
Constructed of traditional brick beneath a slate pitched tiled roof, the property is situated on a prominent corner plot position with shop frontage and has significant potential to convert into flats or an HMO property subject to the usual planning consent and building regulations.
Internally the uPVC double glazed accommodation consists of a shop front, central door, two display windows to either side, inner lobby with door to cellar, separate office room, further lobby with wc and a generous sized rear store room measuring 19'5" x 10'1". To the first floor landing there are five well proportioned rooms, one of which houses a small kitchenette. The property is now offered with immediate vacant possession and will surely appeal to local and national investors. It provides an excellent opportunity to run a small business or development opportunity subject to the usual planning consents. Excellent freehold commercial investment opportunity.
Central door with two window displays to either side of the door.
With door to Cellar.
With double glazed window to the side and staircase to the first floor.
With male and female toilets and wash basin.
With shelving and PVC door to the rear.
Comprising -
With uPVC double glazed window to the front and side elevation.
With uPVC double glazed window to the side elevation.
With uPVC double glazed window to the side elevation.
With uPVC double glazed window to the side elevation.
The property is situated on the corner of Oxford Street and London Road which is a highly convenient yet prominent position.
Vacant.
Freehold.
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.
