Commercial
An opportunity to acquire a mixed commercial/residential investment opportunity comprising a large retail corner shop with a two/three bedroomed self contained flat, all in need of renovation. The property could be converted into two self contained flats subject to appropriate planning consents.
The prominent corner premises comprise a shop front opening into a store room, inner lobby with door to cellar, kitchen, office/sitting room and entrance lobby with staircase to first floor. From the first floor landing there are two/three bedrooms and a bathroom.
The property is positioned between Monk Street and King Alfred Street. There is possible off road parking from Monk Street subject to removal of existing boundary wall.
The property occupies a popular and established location with local shops at hand (Spar shop over the road) and situated within walking distance of the City centre.
In more detail the accommodation comprises:
Spacious Sales Shop
With entrance door, counter, access through to:
Large Store Room/Former Shop
With further external door.
Inner Lobby
With stairs to Cellar.
Kitchen
With external door to yard.
Entrance Lobby
Accessed from Monk Street and with staircase to the first floor.
First Floor:
Bedroom One/Lounge
Two Further Bedrooms
Bathroom
Outside
Yard area, with pedestrian gate from Monk Street. Subject to removal of the boundary wall, the yard might accommodate one vehicle and off road parking.
Directions
Leaving Derby city centre via Abbey Street (A601) take a turning right onto Alma Street. At the junction continue straight over onto King Alfred Street and the property will be found immediately on the left hand side as denoted by our for sale board.
Vendors Solicitors/Licensed Conveyancers
H. Pipes & Co, 34 Market Place, Melbourne, Derbys telephone 01332 862113
Tenure
Freehold. Vacant possession on completion.
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 Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.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 2nd December 2010
At Pride Park Stadium, Derby
Commencing at 11.30 am
Mixed commercial/residential investment opportunity
Retail sales shop with two/bedroomed self contained flat above
Potential to convert to residential (subject to pp)
Extensive accommodation with scope for renovation
