Telecoms Mast, Rooftop of former Co-op Department Store, South Street, Ilkeston, DE7 5SG
£80,000
Commercial
Key Features
- Telecoms mast and associated equipment
- Rooftop position on former Co-op in Ilkeston town centre
- Let at £8,500 per annum
Part of the
14 December 2017
auction
Nottingham Racecourse
at
2.30PM
Telecoms investment: let to Cornerstone Telecommunications Infrastructure Limited on a lease expiring 2031 at £8,500 pa
- Telecoms mast and associated equipment
- Rooftop position on former Co-op in Ilkeston town centre
- Three storey building currently being converted to apartments
- Unrivalled position with clear views of Ilkeston
- Ideal investment opportunity
Please 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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
Long leasehold, subject to the letting of the mast and equipment to Cornerstone Telecommunications Infrastructure Limited on a 15 year lease expiring 2031 at £8,500 pa
Email: sgoodacre@abg-law.com
Telephone: 0115 934 3325