Lot - 7 & 7a Pelham Street, Ilkeston, Derbyshire, DE7 8AR Auction Lot £48,000+ - Auction Estates

Next Auction

Nottingham Racecourse


26 September 2018

7 & 7a Pelham Street, Ilkeston, DE7 8AR

Guide Price: £48,000+


Sold
£60,000

Key Features

  • Freehold mixed commercial and residential property in the heart of Ilkeston town centre
  • Ground floor commercial premises with vacant possession
  • First floor residential flat subject to the periodic tenancy producing £3,900 pa (£325 pcm)
Draft Details Only

Freehold mixed commercial and residential property in the heart of Ilkeston town centre

• Ground floor commercial premises with vacant possession
• First floor residential flat subject to occupational tenancy
• Flat and commercial property are self contained
• Commercial sales area, W/C and Kitchen to the rear
• Commercial property benefits from rear yard
• Rear yard is accessed from Pelham Avenue
• Separate access to the residential is from Pelham Street
• FF Flat - Lounge/kitchen/diner, double bedroom, bathroom
• FF Flat EPC - C
• Full gas central heating, electric, water and mains drains
• Scope to convert ground floor to residential (STP)

VAT

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

Viewings

Next viewing date: Tuesday 24th April at 4pm. Please arrive promptly for the viewing time.

Important Notices

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 mixed residential and commercial property, vacant possession of the ground floor commercial and subject to the periodic tenancy of the flat at first floor which is producing £3,900 pa (£325 pcm) (please refer to legal pack)

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