29 Gregorys Way, Belper DE56 0HS

A mixed use investment opportunity comprising a mid terrace building currently let to a ground floor retail operator, with two maisonette flats above over first and second floors.

The property is let in full to long standing tenants detailing an annual equivalent rent of £21,900 per annum. The ground floor trades as an independent florist and extends to approximately 85 Sq M (914 Sq Ft) (source EPC). Both flats are separately accessed to the rear of the building and 29a is well presented. Flat 29b has not currently been inspected. There is a car park to the front which is also included in the sale.

The property forms part of a small modern mixed use parade of retail and residential units fronting onto Gregorys Way in Belper, a sought after residential location 9 miles north of Derby. The immediate surrounding area is a well established residential location well served by a number of local amenities and facilities including an award winning High Street. There are good motorway transport links nearby for both Derby and Nottingham.

Auction Details

The sale of this property will take place on the stated date by way of Live streamed 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 1.8% of the purchase price (subject to a minimum of £2,400 inc. VAT)

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.