4 Ascot Drive Allenton Derby Derbyshire DE24 8QB

  • 4 Ascot Drive<br>Allenton<br>Derby<br>Derbyshire<br>DE24 8QB

4 Ascot Drive
Allenton
Derby
Derbyshire
DE24 8QB

Freehold Ground Rent Investment

  • Let to Banner Plant Limited until December 2071
  • Rent reviews to Open Market Ground Rental Value
  • Next review in 2029 and 14 yearly thereafter
  • Approx. 47 years unexpired
  • Site Area of Approx. 0.29 Ha (0.71 Acres)
  • VAT Free Investment
  • Lot
    3
  • Auction
    25th September 2024
  • Rent
    £17,470 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Sector
    Ground Rent
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

Freehold Ground Rent Investment

  • Let to Banner Plant Limited until December 2071
  • Rent reviews to Open Market Ground Rental Value
  • Next review in 2029 and 14 yearly thereafter
  • Approx. 47 years unexpired
  • Site Area of Approx. 0.29 Ha (0.71 Acres)
  • VAT Free Investment
  • Lot 3
  • Auction 25th September 2024
  • Rent £17,470 per Annum Exclusive
  • Status Sold Post
  • Price  
  • Sector
    Ground Rent
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
1.5 miles south east of Derby City Centre, 13 miles west of Derby,
Roads
A5111, A6, M1
Rail
Derby Railway Station
Air
East Midlands Airport
Situation

The property is located on the eastern side of Ascot Drive within an established and popular industrial area some 1.5 miles south east of Derby City Centre. Nearby occupiers include Travis Perkin, Jewson, Screwfix and Easy Bathroom and Tiles.

Tenure

Freehold.

Location
Miles
1.5 miles south east of Derby City Centre, 13 miles west of Derby,
Roads
A5111, A6, M1
Rail
Derby Railway Station
Air
East Midlands Airport
Situation

The property is located on the eastern side of Ascot Drive within an established and popular industrial area some 1.5 miles south east of Derby City Centre. Nearby occupiers include Travis Perkin, Jewson, Screwfix and Easy Bathroom and Tiles.

Tenure

Freehold.

Description

The property comprises a site of approximately 0.29 Ha (0.71 Acres) upon which sits a trade counter/warehouse plus yard area.

VAT

VAT is not applicable to this lot.

Description

The property comprises a site of approximately 0.29 Ha (0.71 Acres) upon which sits a trade counter/warehouse plus yard area.

VAT

VAT is not applicable to this lot.

Tenancy & Accommodation

Site Area Approx. Ha Site Area Approx. Acres Tenant Term Rent p.a.x. Review Reversion
0.29 (0.71) BANNER PLANT LIMITED 99 years from 25/12/1972
£17,470
25/11/2029 and 14 yearly (1) 24/12/2071

(1) Reviewed to Open Market Ground Rental Value

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    20.09.24
    File Size
    8 MB
    Login to View
  • Brochure
    Updated Date
    01.10.24
    File Size
    2 MB
    View PDF
  • Common Auction conditions
    Updated Date
    20.05.24
    File Size
    620 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Jon SkerryJon Skerry +44 (0)20 7034 4863 +44 (0)7736 300 594jon.skerry@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Stevens & Bolton LLP Wey House, Farnham Road
Guildford
GU1 4YD
Joanne Purnell 01483 302264joanne.purnell@stevens-bolton.com  Laura Van Eyken +44 (0)1483 406982Laura.Vaneyken@stevens-bolton.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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