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34 & 34A Drewry Lane, Derby, DE22 3QP

Lot no: 59.0 Withdrawn Post
 

Guide Price £140,000 plus fees


Thursday 5th December 2013

12.00am
Key Features
Existing lock-up yard with two storied workshop/offices having planning consent for extension and conversion to residential use
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Withdrawn Post

Commercial

Property Description

FOR SALE BY AUCTION: THURSDAY 5TH DECEMBER 2013

AT PRIDE PARK STADIUM, DERBY

COMMENCING AT 11.30 AM

 

Located close to the City inner ringroad, and within easy walking
distance of the City centre, an opportunity to acquire an existing lock-up yard
containing a double storied brick built workshop with upper floor office
accommodation (internal and external staircases), together with gated access
and parking.

Planning consent has been granted for a double storied full depth
side extension and change of use to form two houses in multiple occupation, by
virtue of two established postal numbers – 34 and 34a.

In total the property will offer seven letting rooms, each with an
en-suite facility, and one flat, with communal kitchen and sitting room on
either floor.  Externally there will be car spaces, bicycle and motorbike stands, and a cobbled courtyard with bin
store.

Assuming development in accordance with the approved plans, the
property will become a superb high yield investment property, which would
appeal to the professional as well as students. Full gross income could be towards £40,000 per annum.

If developed in accordance with the plans, the property which lies
well back from the road would be accessed by a secure private drive with
electric gate and would contain at ground floor level – three rooms each with
en-suite shower, wash basin and wc, flat with en-suite shower, wash basin and
wc, communal kitchen and sitting room area.

At first floor level four larger letting rooms each with en-suite
shower, wash basin and wc, communal dining kitchen and separate sitting room.

Externally a driveway would lead to the building creating car
spaces, motorbike areas and cycle stands.

A private enclosed courtyard/town house garden, and a screened bin store.

Note

This is an unusual development opportunity with huge potential and
is strongly recommended.

Planning Details

The property has the benefit of planning permission granted by
Derby City Council under reference DER/11/12/01337/PRI dated 15th
May 2013.  A copy of the decision notice with accompanying drawings is available from the auctioneers on request.

Vendors Solicitors/Licensed Conveyancers

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

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 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

WWW.GRAHAMPENNY.COM

Feature 1

SUPERB REDEVELOPMENT OPPORTUNITY

Feature 2

Existing lock-up yard with double storied workshop/offices

Feature 3

Planning permission for extension and change of use to form residential accommodation

Feature 4

Seven en-suite letting rooms and one flat

Tenure: