Commercial
FOR SALE BY AUCTION: THURSDAY 17TH OCTOBER 2013
AT PRIDE PARK STADIUM, DERBY
COMMENCING AT 11.30 AM
Situated on the corner of Derby Road and Mount Street, an
excellent double fronted two storied property which has recently been the subject
of a thorough refurbishment scheme.
The ground floor is used as a cafe and let on a five year lease
which commenced in May 2013. The flat is
let on an assured shorthold agreement which has a further six months of a
twelve month agreement period to run.
The property, which is constructed of rendered brick under a
concrete tile roof, occupies a prominent position and comprises the following –
Recessed
Entrance Porch
Double Fronted
Cafe 31' x 13'6" internal
Having a wide frontage with return display window to Mount Street,
roller shutters to all three display windows, serving area with usual
facilities.
To the rear is a Store Room
and accessed off is a Kitchen/Wash Up
Area.
Rear Lobby
With Food Store off
(12'6" x 5'). Separate wc.
11a Derby Road
First Floor Flat (accessed off Mount Street at side).
The uPVC double glazed accommodation is as follows
Entrance Lobby leading into Entrance Hall with stairs off to first
floor.
Large Landing
Area
Kitchen
With modern fittings.
Bathroom
With white three piece suite including shower over bath.
Sitting Room
With electric heater in feature fireplace surround and windows to
two elevations.
Two Bedrooms
Tenancy Details
The cafe is left on a five year full self-repair and insure lease from 27th May
2013 at a reserved rent of £450 per calendar month and includes a two year
review.
The flat is let on a twelve month assured shorthold agreement from
March 2013 at a rent of £450 per calendar month.
Combined Reserved
Rent - £10,800 p.a.
Vendors Solicitors/Licensed Conveyancers
Flint Bishop, St. Michaels Court, St.
Michaels Lane, Derby DE1 3HQ – telephone 01332-340211
Tenure
Freehold. Subject to lease/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 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withdrawn.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 £500 (plus VAT) payable on the
fall of the hammer.
FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE
Prominent mixed commercial/residential investment property
Recently refurbished ground floor cafe
Self contained first floor flat
Both let on tenancies – combined rent £10,800 p.a.
Energy Efficiency Ratings : 11 – D; 11A - G