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Auction: 28th May 2026 Live Stream Auction 28/05/2026 - Bidding opens Thursday 28th May 9:00 AM

27 Nottingham Road, Borrowash, Derby, Derbyshire DE72 3JU

Guide Price
£82,500 plus
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Property Details
Location
Auction Details
Description
***COMMERCIAL INVESTMENT OPPORTUNITY***

High Street self contained retail unit. Available with unit next door. Benefits from kitchen, WC and separate electric and water meters. Currently fitted as a barbers but suitable for a range of retail high street or professional uses.

The property is situated off Nottingham Road within the centre of Borrowash. The shops for sale are adjoining Victoria Avenue, where nearby occupiers include; a Co-Op, BJ Wilson Chemists, and Birds the Bakers.
Accommodation

Unit Number 27
327 sq.ft. (30.30sq.m.)

Service Charge
Is payable to the head landlord for the running, maintenance and up keep of the building structure and roof.

The current service charge budget is £31 per month.

Tenure
Investment for sale by virtual freehold with vacant possession.
No.27 is held by way of a 999 year lease from November 2008.
The ground rent is £1 per annum per unit. These leases permit use as retail, office or financial and professional services.

VAT
All figures are quoted exclusive of VAT, we are advised Unit 27 is registered for VAT which is applicable at the prevailing rate.

Costs
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:

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

• Buyer’s Fee of 1.2% of the purchase price (subject to a minimum of £1,500 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. 
General

Note
Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Draft Sales Particulars
These sales details are awaiting vendor approval

Our Nearest Office

Nottingham 600x300

Nottingham

Joint Agent

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