Storage in Derby

Storage Pods - SB048 and SB072, Store First, Riverside Road, Pride Park, Derby DE24 8HY
  • Lot No: 118
  • Property Type: Storage
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £7,500+ plus fees

Result Sold at Auction £6,500

Property Description

We have not inspected the pods and we are informed by the seller the storage pods are located on the second floor of this purpose built complex. Storage Pod SB048 we believe is 125 sq.ft. Storage Pod SB072 we believe is 75 sq.ft. The two storage pods are let on a week-by-week basis at approximately £323.92 per 12 weeks gross less service/management charge (rental income figure to be confirmed). Store First is a purpose built facility catering for both domestic and business self-storage customers. On-site facilities for occupiers include free wi-fi, board room facilities, work spaces and gym. We feel this is an excellent investment opportunity and will surely appeal to a small company or single trader in the Derby area.

Tenure

Leasehold. Long leasehold for 999 years from 13/02/2014 on effective FRI terms.


Tenure

Leasehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Each property sold is subject to a Reserve Price. The Reserve Price will 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. A full definition can be found within the Buyers Terms.

Auction Details

Date 31st March 2022

Venue National Property Auction
The National Property Auction will be conducted behind closed doors. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.

Lot Information

Contact Us

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Map

Storage Pods - SB048 and SB072, Store First, Riverside Road, Pride Park, Derby DE24 8HY