The premises are well situated on the corner of Burnthouse Road and     , and have recently been the subject of capital expenditure with re-roofing and new rainwater goods in 2006, and uPVC double glazed.  The hairdressing salon has been let for a number of years and enjoys an established business.  The sale contained first floor flat is spacious and has recently become vacant.  It was last rented at £295 per calendar month.

In more detail the accommodation is as follows -

Combined Entrance Hall.  Ground floor access to -

Two Compartment Hairdressing Salon

with archway link, two night storage heaters, fixtures and fittings including two wash basins.

Rear Entrance Lobby

With uPVC double glazed rear entrance door.

Laundry/WC

With plumbing for washing machine, pedestal wash basin, low flush wc, airing cupboard with hot water cylinder.  Note this room is not double glazed.

Self-Contained access from the entrance hall to the first floor gas centrally heated flat.

Landing

Sitting Room

With uPVC double glazed window and double radiator.

Double Bedroom

With wardrobe cupboard, central heating radiator and uPVC double glazed window.

Kitchen

Having modern fittings comprising stainless steel sink, work surface, base and wall cupboard units, gas cooker, washing machine, central heating radiator, uPVC double glazed window.

Bathroom

Having modern white shell style suite of panelled bath, pedestal wash basin, low flush wc, central heating radiator, cylinder cupboard off, obscure double glazed uPVC framed window.

Outside

To the rear of the property is a small yard area.

Tenancy Details

The hairdressing salon is currently let at £80 per week (£4,160 per annum).  A new five year lease is being negotiated.  The first floor flat is vacant but was last let at £295 pcm.  There may be opportunity for some increase on reletting.

Vendors Solicitors/Licensed Conveyancers

Robinsons 21-22 Burns Street, Ilkeston, Derbys DE7 8AA - telephone 0115-932 4101

Tenure

Freehold. Part let; part vacant.

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 12.30 pm.  Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.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 £145 (inc VAT) payable on the fall of the hammer.

For Sale by Auction: Thursday 6th September 2007

At Pride Park Stadium, Derby

Commencing at 12.30pm

www.grahampenny.com