Property Description

A substantial high street, investment opportunity. A former high street bank, split over three floors occupying a total site area of 296.17m. The property is situated just one mile outside of Derby City Centre on a busy high street, close to the junction with Belgrave Street. The surrounding area is occupied by predominantly retail units including Southgate Retail Park which is less than 100 metres to the north. The area is well serviced with plenty of transport links nearby and parking is available adjacent to the property. The property provides a variety of development opportunities, subject to the relevant consents. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding. Please note: the property is believed to be occupied but no tenancy agreement or legal lease details are available. Please refer to clause 39 of the special conditions within the legal pack. Prospective buyers must make their own independent enquiries prior to bidding, as any bid made will be binding. NOTE: Bidders will be required to pay a £10,000 deposit prior to auction before being authorised to bid.

Ground floor retail -

121 sqm(which has been split off from the upper floors in order to create a separate lettable space)

First floor -

79sqm

Second floor -

31sqm

Basement -

8sqm

Total internal area -

239sqm

Draft Sales Details

These sales details are awaiting vendor approval.

Note

Please be advised that the auctioneers have not personally inspected the property. In addition, please note clauses 21 and 39 of the special conditions within the legal pack in respect of occupancy. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure

Freehold

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