Freehold commercial unit for sale in Derby

This property is marketed by:
Connect UK Auctions

Located on the southern edge of Derby city centre. A significant corner site housing a commercial freehold building circa 6500 square feet. Enormous future potential for residential development, subject to all necessary consents. Sold with vacant possession.

N.B. As per our instructions, should any party, directly approach or contact the vendor, the opportunity to bid, for the particular individual or company, will be rescinded.

ACCOMMODATION:

Currently trading as DFW Furniture and Flooring. Laid over ground and first floor. 6,529 square feet 606.68 square metres. Showroom, display areas, storage areas, staff room, customer parking. Sold with vacant possession.

LOCATION:

Occupying a large corner plot by the junction with Osmaston Road and Lara Croft Way.

Derby is a city and unitary authority area on the River Derwent in Derbyshire, England. Derbyshire is named after Derby, which was its original county town. As a unitary authority, Derby is administratively independent from Derbyshire County Council. The population of Derby is 263,490 (2022) The Romans established the town of Derventio, which was later captured by the Anglo-Saxons and then by the Vikings who made one of the Five Boroughs of the Danelaw. Initially a market town, Derby grew rapidly in the industrial era and was home to Lombe's Mill, an early British factory, Derby contains the southern part of the Derwent Valley Mills World Heritage Site. With the arrival of the railways in the 19th century, Derby became a centre of the British rail industry. Despite having a cathedral since 1927, Derby did not gain city status until 1977. Derby is a centre for advanced transport manufacturing. It is home to engine manufacturer Rolls-Royce and Alstom (formerly Bombardier Transportation) has a production facility at the Derby Litchurch Lane Works; Toyota's UK headquarters is located in the south-west of the city at Burnaston.

VIEWING:

By appointment. 14th and 15th June

TENURE:

Freehold

AUCTION DATE:

Connect Realtime® Bidding commences at 12pm with closing bids at 1pm, Wednesday 19th June 2024.

The Lot is for sale via Traditional Auction. This is a timed auction, which requires both parties to complete the transaction within the completion date as per the auction legal pack. The buyer, is required to register, with Connect UK Auctions, in order to participate and will be required to go through, identification verification process. The auction Legal Pack, is available by request. You are required to complete your own due diligence prior to bidding. The Lot is subject to an undisclosed Reserve Price. The Reserve Price and Starting Bid being subject to change.

UNCONDITIONAL LOT:

N.B. As per our instructions, should any party, directly approach or contact the vendor, the opportunity to bid, for that particular individual or company, will be rescinded.

Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 5% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).