Commercial
DRAFT DETAILS ONLY.
An opportunity to acquire a mixed use commercial/residential freehold property with ground floor retail accommodation currently let with upper floor accommodation all capable of deriving strong income if let.
In addition to current accommodation there is scope to the rear of the property to complete the conversion that has been started by the current owner to provide additional accommodation.
Located a short distance from Alfreton town centre and within easy reach of the A38.
Based on previous letting values, the premises have the benefit of yielding upwards of £20,000 and therefore create a first class investment opportunity.
The accommodation comprises of
Ground Floor
Self Contained Retail Unit 22'4" x 30'
Divided into three offices with a self-contained kitchen.
First Floor
Wc/Cloakroom
Entrance door to living accommodation leading to
Reception Room One 15'5" x 14'9"
With central heating radiator, laminate flooring and bay window to the front elevation.
Room Two 12'10" x 11'10"
With bay window to the front elevation and central heating radiator.
Kitchen 9'5" x 5'7"
Fitted with a range of wall and base units with integrated stainless steel sink having mixer taps over, electric panel heater and window to the rear elevation.
Bathroom
Fitted with a three piece suite comprising panelled bath, pedestal wash basin and low flush wc.
Rear Lobby
Providing access to further
Further Store Room 9'5" x 10'1"
Which has a wall mounted central heating boiler, window to the rear elevation and central heating radiator.
Second Floor
Landing
With window to the rear elevation and doors to bedrooms.
Bedroom One 12'5" x 13'4"
With window to the front elevation, cast iron fireplace and central heating radiator.
Bedroom Two 19'5" x 16'1"
With laminate flooring, central heating radiator, windows to the front and rear elevations.
Outside
To the rear of the property there is further accommodation which requires a scheme of improvements to bring it back into use. This could provide additional accommodation.
Directions
From the A38 take the exit for Alfreton and follow the road ahead. This becomes King Street where the property can be found on the right hand side and is easily identifiable by our for sale by auction board.
Vendors Solicitors/Licensed Conveyancers
HSK Solicitors, 474 Cheetham Hill Road, Manchester
M8 9JW telephone 0161-795 4818
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 £495 (inc VAT) payable on the fall of the hammer.
For Sale by Auction: Thursday 13th October 2011
At Pride Park Stadium, Derby
Commencing at 11.30am
Mixed commercial/residential
Generous sized retail unit
Located close to town centre
Potential to further develop
