Commercial Property for sale

Bright Street, Ilkeston, Derbyshire, DE7

Sold STC 1,467 sq. ft. | £120,000

Property Description

Commercial information

  • 1,467 sq ft (136 sq m)

Key features

  • FREEHOLD INVESTMENT PREMISES
  • OFFICES
  • WORKSHOP
  • STORAGE
  • COMMUNITY LAUNDERETTE

Full description

Tenure: Freehold

SITUATION
The premises are situated in a principally residential area of Cotmanhay about half a mile north of Ilkeston's town centre and to the west of Cotmanhay Road from which Bright Street may be accessed. The premises have a southerly frontage to Bright Street and an easterly return frontage to May Street.

GENERAL DESCRIPTION
The premises comprise a community launderette, offices and storage with accommodation arranged in two detached buildings occupying a roughly rectangular corner plot.

The larger of the two buildings is two storey, being of brick construction under a pitched slate clad roof and housing office, launderette and reception accommodation. A smaller, more modern building, is single storey and houses storage/WC/workshop accommodation, being of cavity wall construction under a pitched concrete tile clad roof.

Off-road parking is provided off both Bright Street and May Street.

SERVICES (Not Tested)
Main electricity, gas, water and drainage.

OUTGOINGS
Information provided by the Valuation Office reveals the current Rateable Value of the premises to be 3100.

TENURE Freehold

ACCOMMODATION

Principal Building
Ground Floor:-
Reception Hall 4.45m ( 48 sq ft)
Reception Office 23.87m ( 257 sq ft)
Kitchen 5.20m ( 56 sq ft)
WC
Launderette 39.71m ( 427 sq ft)
First Floor:-
Office 10.23m ( 110 sq ft)
Office 8.21m ( 88 sq ft)
Office 15.23m ( 164 sq ft)

Estimated Net Internal Floor Area 106.90m (1150 sq ft)

Secondary Building
Workshop 17.09m ( 184 sq ft)
Store 12.35m ( 133 sq ft)
WC
Estimated Net Internal Floor Area 29.44m ( 317 sq ft)

POSSESSION
The premises are offered for sale subject to the present occupancy by Community Concern Erewash. Community Concern Erewash hold the property under a lease which commenced on 1 April 2012 for a term of six years expiring on 31 March 2018. The use is that of a community centre.

The current rent passing is 9000 per annum exclusive, subject to annual rent reviews. The lease incorporates internal repairing terms with the tenant reimbursing the landlord for building insurance premium.

PRICE Offers in excess of 120,000

EPC Rating Band D

VIEWING
By appointment with the sole selling agents, David Hammond Chartered Surveyors.

ANTI-MONEY LAUNDERING LEGISLATION
The Money Laundering Regulations 2003 require estate agents and solicitors to formally identify parties to a transaction. Interested parties will therefore be required to provide proof of identity and address, normally a photocard driving licence or passport and recent utility bill.

VALUE ADDED TAX
Value Added Tax may be payable on the purchase price and/or on the rent and/or any other charges or payments detailed above. All figures are quoted exclusive of VAT. Intending purchasers and lessees must satisfy themselves as to the applicable VAT position if necessary by taking appropriate professional advice.


These particulars are for general guidance only, no contract or part contract is offered. Intending purchasers / lessees must inspect the property and satisfy themselves with details, dimensions and finishes. No warranty is given.

Purchasers'/Lessees' attention is drawn to the following:-
1) All dimensions and floor areas are believed to be correct as measured on site. However, their accuracy is not guaranteed nor do they form any part of a contract or warranty. 2) Information as to Town & Country Planning matters and rating matters has been obtained by verbal enquiry only from the appropriate local authority. Prospective purchasers / lessees are advised to obtain written verification of the same prior to exchange of contracts. 3) All information as to the availability of services is based on observations made on site - the condition of these services has not been checked and prospective purchasers / lessees are advised to satisfy themselves of the condition of the same prior to an exchange of contracts. 4) Information regarding physical/structural characteristics, forms of construction and condition is based upon visual inspection on site internally and externally from ground level. Purchasers / lessees are advised to confirm these details prior to an exchange of contracts.

More information from this agent

Nearest stations

  • Langley Mill (2.4 mi)
  • Phoenix Park (4.3 mi)
  • Cinderhill (4.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

David Hammond Chartered Surveyors, Eastwood

9-11 Nottingham Road, Eastwood, NG16 3AP

01773 767776 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Langley Mill (2.4 mi)
  • Phoenix Park (4.3 mi)
  • Cinderhill (4.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

David Hammond Chartered Surveyors, Eastwood

9-11 Nottingham Road, Eastwood, NG16 3AP

01773 767776 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference GF918. 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 David Hammond Chartered Surveyors, Eastwood. 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.

Map data OpenStreetMap contributors.