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Unit 37, Longbridge Lane, Ascot Drive Business Park, Derby, DE24 8UJ

Lot no: 69.0 Sold Prior to Auction
 

Guide Price £190,000 plus fees


Thursday 20th May 2010

12.00am
Key Features
Modern steel portal frame business unit in excellent condition with GIA of 4,384 sq ft let until 2015 at £18,000 p.a.
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Sold Prior to Auction

Commercial

Property Description

DRAFT DETAILS ONLY- AWAITING VENDOR APPROVAL

 

Situated on this well known business park is a high quality modern style portal frame business unit extending to approximately 4,384 sq ft and let on a 7 FRI lease to Immediate Atlantic Limited at £18,000 per annum.  The property was constructed in 2007 to a high specification and is in very good order with dedicated parking space.

 

The accommodation in more detail comprises –

 

Ground Floor –

 

Warehouse 1,732 sq ft

 

Offices 728 sq ft

 

First Floor –

 

Offices 728 sq ft

 

Mezzanine 1,194 sq ft

 

 

GIA – 4,384 sq ft

 

 

Directions

Leave Derby City centre along the A6 London Road heading south and on reaching Wilmorton at the junction to Pride Park turn right onto Ascot Drive and then right again onto Longbridge Lane where the property will be identified by our board.

 

Vendors Solicitors/Licensed Conveyancers

Hardy Miles Titterton, 41 St. Mary’s Gate, Derby  DE1 3JX – telephone 01332-200200

 

VAT

VAT will be applicable to the reserve price.

 

Tenure

Freehold. Subject to tenancy.

Conditions Of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not.  Any questions relating to them must be raised prior to 11.30 am.  Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.

 

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Note

Prospective purchasers will need to register within the auction room before the sale commences.  Two items of identity will be required together with an indication of how a contractual deposit will be paid.  We do not take cash or credit card deposits.

 

The sale of each lot is subject to a buyers contract handling fee of £395 (inc VAT) payable on the fall of the hammer.

For Sale By Auction: Thursday 20th May 2010

At Pride Park Stadium, Derby

Commencing at 11.30 am

www.grahampenny.com

 

 

Feature 1

Modern steel portal frame business unit extending to approximately 4,384 sq ft

Feature 2

Let on 7 year lease to Immediate Atlantic at £18,000 per annum

Feature 3

Constructed in 2007 to a high specification

Feature 4

Excellent condition with dedicated parking spaces

Tenure: