Commercial
FOR SALE BY AUCTION - THURSDAY 11TH SEPTEMBER 2014
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM
Modern industrial unit within large thriving business park environment, having excellent investment potential but sold with vacant possession.
Situated at the top of Moor Farm Road West, on the edge of the estate, one of a recently constructed block of industrial units having a floor area of approximately 1,280 sq ft in total and including kitchen and wc facilities. Externally there are two parking spaces.
The premises have been let until recently (tenant vacating 31st August) and derived an annual rent of £7,920 (inc VAT).
VAT : VAT will be applied to the purchase price.
TENURE : Freehold
Energy Efficiency Rating : F
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 deposits.
The sale of each lot is subject to a buyers contract handling fee of £750 (inc VAT) payable on the
*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary
FOR EPC’S AND LEGALS PLEASE SEE THE WEBSITE
WWW.GRAHAMPENNY.COM
Floor area of approximately 1,280 sq ft in total
Kitchen and wc facilities
Two parking spaces
Annual rent of £7,920 (inc VAT).
Energy Efficiency Rating - F
