An excellent opportunity to purchase a mid terraced lock up sale shop currently held as an investment let on a lease for 9 years from the 1st May 2014 until the 30th April 2023 at £4,080pa exclusive (£340pcm).

An excellent opportunity to purchase a mid terraced lock up sale shop currently held as an investment let on a lease for 9 years from the 1st May 2014 until the 30th April 2023 at £4,080pa exclusive (£340pcm). Please note there is a provision for a rent review after 3 years. We are aware that the tenant had been in occupation for a significant period of time, in excess of 10 years.

Tenure

To be confirmed in the legal pack.

Directions

Enter Clay Cross via the A61 Derby Road, turn left onto Eyre Street proceed to the end, turn right onto Bridge Street, turn left onto Market Street and the property is situated approximately 200 metres on the right hand side and clearly identified by a for sale sign board just after the junction with Broadleys.

Accomodation

Please note an internal inspection has not been carried out by ourselves but it is assumed that the accommodation comprises: Sales Area, Food Preparation Area, Kitchen, WC and the First Floor arranged as 2/3 rooms as Stores.

Outside

Sees access off Broadleys to be confirmed by the solicitors.

Special Conditions of Sale

The purchaser in addition to the fall of the hammer price will be responsible for 1.5% plus vat auction costs (subject to a minimum fee of £1950 plus vat, whichever is the greater).

Energy Efficiency Rating (EPC)

Current Rating F

Local Authority

North East Derbyshire District Council

Solicitors

Natalia Shaw, Banner Jones, 24 Glumangate, Chesterfield, S40 1UA, Tel: 01246 560560

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1800 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.