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620 Osmaston Road, Derby, DE24 8GQ

Lot no: 48.0 Sold After Auction
 

Guide Price £150,000 plus fees


Thursday 11th December 2014

12.00am
Key Features
A substantial commercial property with a current income of £17,800 per annum.
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Sold After Auction

Commercial

Property Description

FOR SALE BY AUCTION: THURSDAY 11TH DECEMBER

AT IPRO STADIUM, DERBY

COMMENCING AT 11.30 AM

DRAFT DETAILS ONLY.

Situated on a commanding corner position on Osmaston Road, the auctioneers believe the accommodation to comprise

 
Retail Shop
With large retail sales area, Kitchen, Store, Wc, currently let at £5,550 per annum.

Self-Contained Flat
With its own access currently let at £4,500 per annum.

Workshop/Forecourt Sales Area
With Office accommodation, Workshop, Garage and Wash Room facilities, currently let at £7,800 per annum.

Vendors Solicitors/Licensed Conveyancers
Smith Partnership, 45 High Street, Staffs  DE14 1JP – telephone 01283-548282

Tenure
Freehold. Subject to tenancies.

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 Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 all property is subject to a buyers fee of £750 (inc VAT).

*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

Feature 1

Substantial commercial property

Feature 2

Current income of £17,800 per annum

Feature 3

Retail unit, large garage/workshop, forecourt area and self-contained flat

Feature 4

EPC Ratings : Shop: C & Flat: F

Tenure: