Commercial Property for sale154-156 Bath Street, Ilkeston, Derby, Derbyshire DE7 8FH
- Prominent double fronted café shop with recently refurbished first floor offices
- Potential to convert into apartments
- Well equipped accommodation extending to approx. 1,432 sq ft
- Part let; part vacant
- EPC Rating: C
For sale by auction on Wednesday 7th December 2016
At The Pedigree Suite, iPro Stadium, Derby, DE24 8XL
Commencing at 11:30 am
Excellent Investment Opportunity - Prominent double fronted retail unit with vacant upper floor accommodation.
Situated on the lower part of Bath Street is an excellent opportunity to acquire a prominent double fronted retail unit currently let on a 3 year agreement (from June 2015) to the Ilkeston Coffee Bean and produces a yearly income of £6,600 (to include gas). The upper floor accommodation has recently undergone a comprehensive scheme of improvements throughout to include five office rooms and ladies and gents wc’s. the first floor accommodation is currently vacant and we feel it would produce an approximate income of £5,500 per annum and would allow its for conversion into a self-contained apartment. To the rear there is an enclosed yard.
Ilkeston is a popular town offering an excellent range of amenities along with superb road network connections, train station and being ideally positioned for the M1 motorway, the cities of Derby and Nottingham.
Sales/Show Room 24’11” x 21’7” (537 sqft /49.87 sq.m.)
Rear Entrance Lobby
Entered by fire door, fire detection system, internal door through to the shop, central heating radiator and staircase to first floor.
Disabled WC Facility
Store Room 7’9” x 6’8”
Staircase leading to –
First Floor Landing
With sealed unit double glazed window in uPVC frame to the rear elevation, internal glazed door through to the main landing area.
WC 8’1” x 3’3” maximum
With sealed unit double glazed window in uPVC frame to the rear elevation. Affording a low level wc in white with wash hand basin, woodgrain effect vinyl floor covering.
Main Landing Area
With loft access, central heating radiator and burglar alarm control panel.
Store Room/Potential Office 10’7” x 6’10”
With sealed unit double glazed window in uPVC frame to the side elevation, built in cupboard housing the Ideal wall mounted Logic condensing boiler, central heating radiator, telephone jack point and fire door.
Office One 13’7” x 12’1”
With sealed unit double glazed window in uPVC frame to the front and side elevation, telephone jack point, central heating radiator and fire door.
Office Two 12’3” x 11’11” into chimney recess
With sealed unit double glazed window in uPVC frame to the front elevation, central heating radiator and fire door.
Office Three 10’ x 9’10”
With sealed unit double glazed window in uPVC frame to the side elevation, telephone jack point, central heating radiator and fire door.
Office Four 10’ x 8’6”
With sealed unit double glazed window in uPVC frame to the rear elevation, central heating radiator and fire door.
Part let; part vacant.
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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*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 Auctions Graham Penny, Derby on 01332 242880.
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