Commercial Property
The Old Mill at the corner of Lynton Street and Peet Street in Derby has a unique history
linked to one of the great artistic revolutions of the 20th Century.
Eve Leveaux, who discovered and completely refurbished the building in the 1980s, was a
sixteen-year-old in the 1940s when, along with her contemporary and close friend Audrey
Hepburn, she became a member of the legendary and ground-breaking Ballet Rambert then performing at the Mercury Theatre – a space famously converted from an old church in London’s Notting Hill.
When Eve settled in Derby she was determined to establish a studio for young dancers. And she created The Derby Academy of Dance - many of whose students have gone on to celebrated careers.
In doing so, she was inspired by the idea of converting a building in the tradition of the
Mercury Theatre and found the perfect location at the Old Mill – a beautiful remnant of the
City’s industrial past which because of its corner site and dimensions over two floors is
flooded with light, space and air. And she made it a testament to the modernising power of the imagination.
Whatever its future holds, the building is a hidden jewel of a charmed history. The modern
holding hands with the past.
With spacious accommodation arranged over two floors offering a number of rooms suitable for office accommodation, male and female changing rooms and two superb studios. Subject to obtaining the necessary planning permission the property could be suitable for residential conversion.
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.
