Draycott Mills, Market Street, Draycott, Derbyshire, DE72 3NB
£750,000
Investment
Key Features
- Freehold Industrial Estate investment comprising 10 units & 9 garages totalling approximately 30,000 sq ft on a site of 1.41 acres.
- Total current rent reserved £79,778 pax
Part of the
26 October 2023
auction
The Nottingham Racecourse
at
2.30PM
A freehold Industrial Estate investment comprising 10 units and 9 garages totalling approximately 30,000 sq ft on a site of 1.41 acres. Total current rent reserved £79,778 pax with scope to increase.
- Freehold industrial estate investment
- Located in the centre of Draycott, Derbys
- 6 miles east of Derby & 3 miles SW of Long Eaton
- Close to Junction 25 of the M1 Motorway
- Easy access to both Derby & Nottingham
- A short distance from East Midlands Airport
- Site area approximately 1.41 acres (0.57 ha)
- Comprising a block of 10 industrial units
- Includes a block of 9 car garages
- Ample parking, loading & circulation space
- Total Gross Internal Floor Area 30,000 sq ft
- Potential asset management opportunity
Contact Auction Estates on 0115 7844600
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 the existing tenancies (refer to legal pack for full breakdown of tenancies). Total current rent reserved £76,442 pax
Refer to Legal Pack