Active Management Potential. Property may be suitable for alternative uses (Subject to consents)
Located in Established Business Park with Access to A38/M1 (J28)
Lot 25
Auction 4th November 2021
Vacant Possession
Status Withdrawn Post
Price
Sector Office
Auction Venue Live Streamed Auction
Property Information
Location
Miles
12 miles north of Derby
15 miles north west of Nottingham
Roads
A38, A610, M1
Rail
Derby Train Station, Alfreton Train Station,
Belper Train Station
Air
Birmingham Airport,
Doncaster Sheffield Airport
Situation
The well established Asher Lane Business Park is located less than 1 mile north of Ripley town centre close to the junction of the A38 and the A610 which provide direct access to Junction 28 of the M1 some 5 miles to the north. The property is prominently situated on the east side of Asher Lane.
Tenure
Freehold.
Location
Miles
12 miles north of Derby
15 miles north west of Nottingham
Roads
A38, A610, M1
Rail
Derby Train Station, Alfreton Train Station,
Belper Train Station
Air
Birmingham Airport,
Doncaster Sheffield Airport
Situation
The well established Asher Lane Business Park is located less than 1 mile north of Ripley town centre close to the junction of the A38 and the A610 which provide direct access to Junction 28 of the M1 some 5 miles to the north. The property is prominently situated on the east side of Asher Lane.
Tenure
Freehold.
Description
The property comprises a substantial and handsome two storey modern and well specified office building and a car park accommodating approximately 100 car parking spaces. The offices benefit from suspended ceilings with recessed lighting and air conditioning.
The property benefits from a total site area is approximately 0.522 Ha (1.29 Acres) and a site coverage of 28%. The property may be suitable for further development on the car park, subject to consents.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Band C see legal pack.
Description
The property comprises a substantial and handsome two storey modern and well specified office building and a car park accommodating approximately 100 car parking spaces. The offices benefit from suspended ceilings with recessed lighting and air conditioning.
The property benefits from a total site area is approximately 0.522 Ha (1.29 Acres) and a site coverage of 28%. The property may be suitable for further development on the car park, subject to consents.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Band C see legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review/ (Reversion)
Ground First
Office Office
1,160.40 sq m 1,160.70 sq m
(12,490 sq ft) (12,493 sq ft)
VACANT POSSESSION
Total Approximate Floor Area
2,321.10 sq m
(24,983 sq ft) (1)
(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk) (2) There is an Electricity Sub Station on the property which is let to Western Power Distribution (East Midlands) Limited until 2105 at nil rent
If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
