Office in Derby

5 Bramble Street, Derby DE1 1HU
  • Property Type: Office
  • Contract Type: Unconditional with Variable Fee

Guide Price* £135,000+ plus fees

Property Description

A freehold three story office located along Bramble street. The premises comprise a traditional brick-built end of terrace building configured as offices. The ground floor comprises two offices with kitchen and WC facilities. A central staircase leads to the first floor with 3 offices and WC. The second floor comprises two offices. We believe the property could be converted into a HMO or student accommodation owing to the demand within the locality and layout of the accommodation. (Subject to necessary permissions.) The property is located to the southern side of Bramble Street which connects Beckett Street to Curzon Street and situated just off the Wardwick. Situated in the city centre the area affords good access to the Derby inner ring road, Cathedral Quarter and the main retailing area of the City Centre. Interested parties are advised to inspect the legal pack for more information.

Draft Sales Details

These sales details are awaiting vendor approval.


Tenure

Freehold


Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. 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 all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction 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.