Next auction Thursday 12th December 2.30PM

128-132 Bath Street, Ilkeston, Derbyshire, DE7 8FF



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Guide price

£125,000+


Key Features

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

An opportunity o acquire a long leasehold ground floor commercial investment property located in the heart of Ilkeston town centre, fully let and producing £10,000 per annum

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 £10,000 pa (refer to legal pack)

Refer to Legal Pack

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