Commercial Property in Heanor

1 Godfrey Street, Heanor, Derbyshire DE75 7GD
  • Lot No: 212
  • Property Type: Commercial Property
  • Contract Type: Unconditional

Guide Price* £100,000+ plus fees

Result Sold Prior to Auction

Property Description

The property comprises a commercial property investment split into three separate units, arranged over ground and first floor. The property is well located at the end of Godfrey Street, just off the main square in the small hill-top market town of Heanor. The ground floor units are let to a Micro Brewery on a 5 year lease at £7,000 per annum and to a local occupier by way of a tenancy at will. The first floor unit is currently vacant and offers scope for future development subject to necessary consents being granted. The accommodation comprises –


A ground floor unit currently tenanted on a 5 year lease from 29th July 2016 at £7,000 per annum. Layout: Bar Area, Hallway, Beer Cellar, Snug and Two WC's.


Currently occupied by Jos Emporium as tenants at will. Layout: L-shaped Open Plan Sales Room with Small Kitchen and WC to ground floor, with two rooms to the first floor with separate access to the rear, providing accommodation suitable for storage purposes or office accommodation.


Having a separate access between units 1 and 2. This first floor unit has the potential to convert into a self contained flat (subject to the relevant consents being approved). This has previously been used for offices and storage and is split into five rooms.



Conditions of Sale The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction 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 the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.   The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.   A 10% deposit is payable on the fall of the gavel, subject to a minimum of £5,000.   *Guide Prices and Reserve Prices Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of the Guide Price and the Reserve Price click here.   Energy Performance Certificates EPCs can be viewed in full in the lot information section at the top of this page or in the legal pack.   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 cheque deposits. Remote bidding facilities are also available.   Auction Fees The sale of each lot is subject to a buyer’s fee of £1,074 inc VAT (£895 + VAT) (unless otherwise stated in the important notices), payable on the fall of the hammer.   The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section above. Or to find out more about any additional fees associated with this property please contact the auction office.