Next auction Thursday 15th August 2.30PM

126 Bath Street, Ilkeston, Derbyshire, DE7 8FF



Sold
Prior
Sold
Prior
Guide price

£45,000+


Property Type

Commercial


Key Features

  • An opportunity to acquire a long leasehold ground floor commercial investment property
  • Located in the heart of Ilkeston town centre
  • Fully let and producing £4,500 per annum till January 2025

Part of the 14 December 2023 auction
The Nottingham Racecourse at 2.30PM

An opportunity to acquire a long leasehold ground floor commercial investment property located in the heart of Ilkeston town centre, fully let and producing £4,500 per annum till January 2025

  • Located in the heart of Ilkeston town centre
  • Surrounded by a wide variety of retailers
  • Nearby occupiers: Natwest, Game, B&M, DHL, Costa etc.
  • A 2 minute walk from Albion shopping centre
  • High levels of footfall along Bath Street
  • Excellent bus service to surrounding areas
  • Less than 0.5 miles from Ilkeston Train Station
  • A 10 minute drive from J26 of the M1
  • Set 6.5 miles North West of Nottingham City Centre
  • Comprises retail area, W/C and staff kitchen
  • Fully let at £4,500 pa to a hairdressers
  • An ideal investment opportunity

Contact Auction Estates on 0115 7844 600

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

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.

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.

Offered on a long leasehold basis subject to the existing lease producing a total rent of £4,500 pa, expiring on 30th January 2025 (refer to Legal Pack)

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