2 bedroom mixed use for sale23 Moore Street/14 Bainbrigge Street, Derby, Derbyshire DE23 6WN
Sold STC £95,000
- Prominent corner position just off Normanton Road
- Two adjacent ground floor retail units
- Spacious self-contained first floor flat
- Offers excellent potential
- EPC Rating: G, D, F
For sale by auction on Wednesday 7th December 2016
At The Pedigree Suite, iPro Stadium, Derby, DE24 8XL
Commencing at 11:30 am
Two ground floor commercial units with self contained two bedroomed flat above.
Situated on a prominent corner plot position on Moore Street and Bainbrigge Street which is just located off the popular Normanton Road, is a mixed commercial/ residential property comprising two independent retail units with a two bedroomed self-contained first floor flat currently let on an assured shorthold tenancy agreement producing £4,800 per annum.
The two ground floor retail units are currently vacant and could provide a number of different uses and offering potential for conversion back to residential uses subject to usual planning consents.
The property itself is constructed of traditional brick beneath a slate pitched tiled roof and has the benefit of gas central heating and uPVC double glazed windows (where stated). Excellent investment opportunity.
The accommodation comprises:
Moor Street Shop
15.9 sq m / 171 sq.ft.
Bainbrigge Street Shop
33.8 sq.m / 364 sq.ft.
58.6 sq.m. / 631 sq.ft.
All mains services are connected to the property.
Proceeding out of Derby City centre along Abbey Street, at the traffic lights take your turning left onto Mercian Way (A601). At the traffic island take your fourth turning right onto Normanton Road, continue over the first set of traffic lights, eventually taking your fourth turning right onto Moore Street. Proceed for a short distance and the property will be located on the right hand side as clearly denoted by our auction for sale board.
29 November 13:30 - 13:45
By arrangement with the auctioneer 01332 242880 or can be booked online at www.sdlgrahampenny.co.uk
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 the auction day. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
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 fee of £750 (inc VAT) payable on exchange of contracts.
*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.sdlgrahampenny.co.uk/glossary.
Energy Performance Certificates
EPCs can be viewed in full on our website www.sdlgrahampenny.co.uk on the sales details page or in the legal pack.
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Disclaimer - Property reference gp_derby_1440361_2578. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by SDL Graham Penny, Derby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call SDL Graham Penny, Derby on 01332 242880.
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