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NEXT AUCTION - THURSDAY 24TH FEBRUARY 2.30PM - Click here to view

Lot - 5 Bath Street, Ilkeston, Derbyshire, DE7 8AH Auction Lot £68,000 + - Auction Estates

Next Auction

The Nottingham Racecourse


24 February 2022

5 Bath Street, Ilkeston, DE7 8AH

Guide Price: £68,000 +


Key Features

  • Freehold commercial investment opportunity
  • Located in the heart of Ilkeston
  • Let and producing £5,400 pa
Draft Details Only

Freehold town centre three storey shop on the pedestrianised Bath street close to the Albion Shopping Centre, fully let and producing £5,400 per annum.

• Situated on the main pedestrianised Bath street.
• A short distance from the Albion Shopping Centre.
• Located just off the Market Place, adjacent to Whitegates.
• Ground Floor Sales Area: 450 sq ft.
• First Floor Stores, Kitchen and WC: 370 sq ft.
• Second Floor Stores: 112 sq ft.
• Total Floor Area approximately 932 sq ft.
• An ideal investment opportunity.
• Close to a wealth of local amenities.

VAT

Interested parties should refer to the Special Conditions of Sale for confirmation of whether VAT is applicable to the sale price.

Viewings

Please contact Auction Estates on 0115 7844 600

Important Notices

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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

Freehold, subject to a tenancy of the shop which trades as 'Purplehazes Parlour' at a rent of £450 pcm (£5,400 per annum). Refer to legal pack for lease details.

Refer to Legal Pack

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