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Retail Property (high street) for sale

36 Sadler Gate,Derby,DE1 3NR

Sold STC £225,000
2,188 sq. ft.

Property Description

Commercial information

  • 2,188 sq ft (203 sq m)

Full description

Tenure: Freehold

To be Sold by Public Auction on Thursday 20th October 2016 at 2.30pm (unless sold prior or withdrawn)

36 Sadler Gate

Freehold retail investment in Derby City Centre

Guide Price: £225,000 - £250,000

Freehold, subject to existing leases

• Grade II Listed mid terraced property with A3 (Restaurant) consent.
• Currently fitted out as a bar/restaurant over three floors, benefitting from a sufficient basement.
• Let to Annie's Bar & Grill on a 10 year FRI lease from 16 September 2015.
• Passing rent is £20,000 pax rising to £25,000 pax from 12 June 2017.
• The property provides the following approximate floor areas:

Description m² ft²
Ground Floor 77.3 832
First Floor 77.7 837
Second Floor 48.2 519
Total 203.2 2,188

The above floor areas have been provided by our Joint Agent, FHP Property Consultants and should be used for guidance purposes only. Prospective purchasers are advised to undertake their own measured survey of the property prior to purchase.

Cleggs Solicitors
Apex Court
Ruddington Lane
NG11 7DD
Contact: Leah McSherry
T: 0115 977 5877

It is understood that VAT is applicable.

EPC Rating

Block Viewing: Thursday 13th October - 2pm to 4pm
Please contact Jo Pearson on 0115 934 8024

Joint Agent
FHP Property Consultants

Ref: VK / JP

More information from this agent

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Disclaimer - Property reference 36SadlerGate20Oct16. The information displayed about this property comprises a property advertisement. 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 Savills, Nottingham Auctions. 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.

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*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 Savills, Nottingham Auctions on 0115 934 8080.

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