Sitwell Street is the principal shopping area in Spondon, and the premises occupying a busy trading position.  The whole of the ground accommodation comprises a retail unit plus a store room, whilst to the first are four rooms plus kitchen and bathroom creating an excellent flat with uPVC double glazing.  There is an enclosed rear yard and storage buildings.

At the front, the property is set back from the public highway and has a surfaced forecourt.

In more detail the accommodation is as follows -

Retail Sales Shop

Of broadly rectangular configuration (60.9 square metres/654 square feet)

Store

18.9 square metres/203 square feet

Small Kitchen and Wc

An internal staircase provides access to the first floor flat which consists of -

Room One

11.1 square metres/119 square feet

Room Two

6.7 square metres/72 square feet

Room Three

14.0 square metres/151 square feet

Room Four

5.9 square metres/63 square feet

Kitchen

7.1 square metres/76 square feet

Bathroom/wc

Outside

To the rear is an enclosed yard with brick storage buildings.  Side access to the front of the property leading to a separate entrance door which could provide self-contained access to the first floor flat if required.

Lease Details

The premises are let on a 10 year lease from 4^th December 2007 with half way review at a reserved rent of £15,000 per annum.

Vendors Solicitors/Licensed Conveyancers

Thomas & Edge, 32 Osmaston Road, Derby - telephone 01332-346681

Tenure

Freehold. Subject to tenancy.

Conditions Of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not.  Any questions relating to them must be raised prior to 11.30 am.  Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Note

Prospective purchasers will need to register within the auction room before the sale commences.  Two items of identity will be required together with an indication of how a contractual deposit will be paid.  We do not take cash or credit card deposits.

The sale of each lot is subject to a contract documentation charge of £195 (inc VAT) payable on the fall of the hammer.

For Sale by Auction: Thursday 22nd May 2008

At Pride Park Stadium, Derby

Commencing at 11.30 am

www.grahampenny.com