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1166 - 1168, London Road, DERBY, Derbyshire, DE24 8QG

26th June 2023
starts 09:15 AM at Grand Connaught Rooms
sold for
£552,000

Tenure: Freehold

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The negotiator dealing with this Lot is Simon Gillibrand and he can be contacted on 01332 542 296 or by email: simon.gillibrand@bagshawsresidential.co.uk
THERE IS AN ANNOUNCEMENT RELATING TO THIS LOT (AS BELOW) THIS HAS ALSO BEEN ADDED TO THE LEGAL PACK.
IF YOU ARE BIDDING YOU ARE DEEMED TO HAVE KNOWLEDGE OF THIS ANNOUNCEMENT TOGETHER WITH ALL OTHER LEGAL DOCUMENTS AND SPECIAL CONDITIONS OF SALE.
Announcement
Please see the “ANNOUNCEMENT” on the Legal Docs.
There are revised special conditions of sale for this lot, copies of which are available from the Auctioneers website and a copy will be attached to the contract
"Lease" also uploaded on 20th june.

Larger promenade property in Alvaston, close to local shops and road network
Presently tenanted but no lease details are available

Description
An extended and extensive mid and end terraced property, part with a vehicular underpass to the rear and held under two land registry titles. Estimated to extend to approximately 6194 sq ft or 576 sq m. The property fronts the A6 London Road in Alvaston, a suburb of Derby approximately 3 miles from Derby City centre and close to an array of shops in the centre of Alvaston. There is also access to the inner ring road leading to the Alvaston bypass which links Derby with the M1, M6 and A50. The site measures approximately 0.19 acres, subject to measured survey. We understand that the property has been converted into a 19 bedroom, 18 en-suite respite and rehabilitation centre with ancillary accommodation. We are advised that the leases are allegedly fraudulent so therefore no legal lease documents are
available. Please note, at the time of going to print, Bagshaws Residential Auctions had not inspected the property.

Accommodation
Ground floor 1166: Lobby access to lower ground floor comprising Oakwood Suite with en-suite. Mickleover Suite with en-suite and shower room.
Lower ground floor lobby, clinical room, seminar room, storage room.
First floor: Landing area, shower room/wc. Hilton suite, bathroom, office/ store, separate wc.
Ground Floor 1168: Hallway, management suite, separate wc, visitor suite, separate wc, corridor, Derby Suite with en-suite, mid corridor, Sinfin
Suite with en-suite, separate wc, lobby and lift, communal lounge, staff cupboard,conservatory/recreation room, side lobby, laundry room, COSHH cabinet, kitchen, serve-room, passageway, Little Suite with en-suite.
First floor: Landing, Stenson Suite with en-suite, Etwell Suite, store, landing, Melbourne Suite with en-suite, TV lounge, boiler room, Duffield suite withen-suite, inner corridor and lift, Rams Suite with en-suite, main landing, shower room/wc, corridor, Breadsall Suite with en-suite.
Attic room/top floor, Shardlow Suite, Belper Room

EPC: TBC

Council Tax Band:
Commercial N/A

Tenure:
Freehold

Viewings:
External only.





Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. 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.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
Council Tax Band: Please contact Auction centre

Lot location is based upon nearest property postcode only. Actual location of property being sold may differ.

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lot infomation last updated: 7th July 2023 at 01:26 PM
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