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The Codnor Inn, 1 Jessop Street, Codnor, DE5 9RN

Lot no: 26.1 Sold at Auction for £60,000
 

Guide Price £60,000 plus fees


Thursday 11th July 2013

12.00am
Key Features
The Codnor Inn has recently been the subject of a refurbishment scheme and includes a beer garden
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Sold at Auction for £60,000

Commercial

Property Description

 

FOR SALE BY AUCTION: THURSDAY 11TH JULY 2013

AT PRIDE PARK STADIUM, DERBY

COMMENCING AT 11.30 AM

DRAFT DETAILS ONLY

 

The Codnor Inn has recently been the subject of a refurbishment scheme and includes a beer garden and skittle alley to rear, whilst the first floor flat is rented out at £400 per calendar month gross.

The ground floor comprises a large central bar and pool room with seating for about 40 people. Recently re-equipped kitchen with storage off, all having the benefit of gas central heating. In more detail it comprises the following

Ground Floor

Bar and Pool Room 978 sq ft (90.9 sq m)

Store 64 sq ft (5.9 sq m)

Kitchen 102 sq ft (9.5 sq m)

Total – 1,144 sq ft or 106.3 sq m

A cellar is located beneath the property accessed near the bar.

First Floor

Self contained two bedroomed flat let on an assured shorthold agreement at a rent of £400 per calendar month (£4,800 per annum), inclusive of some bills.

Vendors Solicitors/Licensed Conveyancers

Beightons,
4 Victoria Street, Derby DE1 1EQ – telephone 01332-346430

Tenure

Freehold. Part let; part vacant.

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 nor
withdrawn.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 £600 (inc VAT) payable on the fall
of the hammer.

 

FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE

WWW.GRAHAMPENNY.COM

Feature 1

Two storied double fronted semi detached premises, extended to rear

Feature 2

Large refurbished bar/pool room

Feature 3

Self-contained two bed first floor flat

Feature 4

Pub vacant; flat subject to AST

Feature 5

Energy Efficiency Rating - D

Tenure: