10 Newdigate Street, Derby, Derbyshire DE23 8UY

A unique opportunity to purchase this retail/residential property, on a freehold basis, located within Derby.

The property benefits from having residential use making it an ideal prospect for a buy to let landlord but could remain as a retail premises with it currently set up as a barber shop/vape shop.

In brief the property has to offer on the ground floor, two rooms, one currently used as a vape shop and the second a barbers shop with a separate kitchen and bathroom to the rear. To the first floor there are two good sized bedrooms. Outside is a low maintenance courtyard garden. Viewing is essential in order to appreciate the potential on offer.

Auction Details

The sale of this property will take place on the stated date by way of Single lot timed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of £1,500 inc. VAT of the purchase price.

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 our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

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.