Mixed Use
The property comprises a three storey brick built, mid-terraced building with a rendered frontage along with a pitched roof, located on the popular Burton Road in Derby. The property is currently configured to have two separate entrances named 206 and 206A giving separate access to a two bedroomed apartment over the first and second floors and a vacant unit to the ground floor. To the rear of the property is a garden.
206 Burton Road is a ground floor former retail unit which has also been previously used as a gym and a dance studio. We are advised the council do not have a use classification for this space and therefore are open to a very wide variety of uses. We feel there would be a very good chance of a residential use subject to planning owing to the configuration and location and past uses. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding. The unit has been refurbished to a good standard including new windows, plastering, air conditioning and water heater and small kitchen area.
The accommodation comprises -
Ground Floor Area with sunken lights, air conditioning (not tested) along with new plastering and laminate flooring extending 22m2.
Beyond is a second area extending 13.15m2 with laminate floor and air conditioning (not tested).
Kitchen with water heater along with wc (10.37m2) and access to the rear garden.
There is also easy access to a Large Dry Cellar extending a total 26.63m2.
Total NIA including Cellar 72m2 (776 sq ft).
206A Burton Road is accessed via a new door fronting Burton Rod leading to a staircase. Upon inspection the property was part way through a renovation. We noted most of the walls had been plastered with signs of upgrading to the electrics and fuse boxes. The bathroom had been tiled with some tiles remaining to finish off. Windows were all recently replaced. To finish off would require painting, fitting bathroom and kitchen and new flooring which we feel could be easily completed for minimal cost.
The accommodation on the first floor comprises -
Large Hallway, Kitchen (not fitted) 2.17m x 3.50m, Bathroom (not fitted) 2.37m x 1.56m, Living Room with fireplace, Period features, laminate 4.08 x 4.78m.
Second Floor comprises -
Hallway, Bedroom 1 1.25m x 4.68m and Bedroom Two 3.77m x 4.07m.
The property is well placed to be within easy access of the wide range of shops and amenities on offer locally in Normanton with Derby centre a mile away. Royal Derby Hospital and Rolls Royce can be easily reached and there are leisure facilities in the nearby Normanton Park. The property is well served by bus and road links.
These sales details are awaiting vendor approval.
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 (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
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 £1074 inc. VAT
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
Guide Price & Reserve Price
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.
