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    Bath Street, Ilkeston

    Guide Price £90,000Freehold

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    Estimated Monthly Mortgage Payment:
    ÂŁ416 /mo.25 Years, 3.75% Interest
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    ÂŁ81,000
    Total Repay
    ÂŁ124,934

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    Bath Street, Ilkeston

    Guide Price £90,000

    Other
    2 Bedrooms1 Bathroom1 Reception

    Key Information

    Tenure:Freehold
    Council tax band:Not available
    Broadband:up to 1800Mbps

    Key Features

    TO BE SOLD BY PUBLIC AUCTION ON 30TH JULY 2026
    THREE STOREY MIXED USE FREEHOLD BUILDING
    LOCK UP SHOP TO GROUND FLOOR
    TWO DOUBLE BEDROOM DUPLEX FLAT
    GCH FROM COMBINATION BOILER TO FLAT
    REQUIRES MODERNISATION
    CENTRALLY POSITIONED
    GREAT POTENTIAL

    Description

    To be sold by public auction on 30th JULY 2026. A surprisingly spacious three storey mixed use freehold building with vacant possession, lock up shop to ground floor and self contained two double bedroom flat over. Town centre location. Offers great potential for long term buy to let opportunity.

    To be sold at public auction on 30th July 2026 is this surprisingly spacious three storey mixed use freehold building.

    Offered for sale with vacant possession, the accommodation consists of a ground floor self contained retail unit offering approximately 73sqm of internal useable space, with front retail space, a back room, kitchen and WC, as well as a cellar which sits over the front retail space.

    Over the first and second floors is a self-contained two double bedroom apartment of approximately 107sqm. This is accessed from a shared gated passageway at the side with door leading to staircase, first floor landing with living room, dining kitchen and bathroom. A staircase from the landing then leads to the second floor where there are two double bedrooms.

    The shop, in particular, requires a program of modernisation and improvement. The flat, less so, it was recently occupied and has the benefit of gas fired central heating served from a combination boiler.

    Centrally positioned on Bath Street within the market town centre of Ilkeston in Derbyshire, bordering Nottinghamshire and equidistant between the two cities. Ilkeston has a population of just over 40,000 and a good variety of shops and facilities, including major supermarkets chains and good transport links with its own train station.

    This building offers scope and potential to renovate and make into a great long term buy to let investment.

    RETAIL GROUND FLOOR PREMISES

    RETAIL SPACE 5.39 x 3.61 (17'8" x 11'10")
    Aluminium sliding near full height windows with electric roller shutters. Entrance door with glazed panel. Suspended ceiling. Opening to inner lobby.

    INNER LOBBY
    Door leading to cellar and half opening to the back room.

    BACK ROOM 4.37 x 3.65 (14'4" x 11'11")
    Window to the rear and door to rear porch.

    REAR PORCH
    Door to passageway and rear yard. Door opening to the kitchen.

    KITCHEN 2.36 x 2.16 (7'8" x 7'1")
    Stainless steel sink unit with single drainer and cupboard under, further basic wall and base cupboards. Doors to cloaks/WC.

    CLOAKS/WC 0.91 x 1.80 (2'11" x 5'10")
    Two piece suite comprising wash hand basin and low flush WC.

    RESIDENTIAL ELEMENT
    Accessed from a gated shared passageway. uPVC door leading to an entrance hall with dog-leg staircase leading to the first floor.

    FIRST FLOOR LANDING
    Stairs leading to second floor, walk-in store, radiator.

    LOUNGE 4.34 plus bay x 3.60 (14'2" plus bay x 11'9")
    Bay window to the front.

    KITCHEN 4.33 x 2.75 (14'2" x 9'0")
    Range of fitted units with work surfacing, inset stainless steel sink unit with single drainer, electric oven, gas hob, extractor hood over. Wall mounted gas combination boiler (for central heating and hot water). Radiator, window to the rear. Door to the bathroom.

    BATHROOM 1.82 x 4.34 (5'11" x 14'2")
    Three piece suite comprising pedestal wash hand basin, low flush WC, bath with shower over. Heated towel rail, window.

    SECOND FLOOR LANDING
    Velux double glazed roof window, walk-in store closet. Doors to bedrooms.

    BEDROOM ONE 4.35 x 3.61 (14'3" x 11'10")
    Radiator, window to front.

    BEDROOM TWO 4.56 x 4.43 (14'11" x 14'6")
    Radiator, two Velux double glazed roof windows.

    OUTSIDE
    To the rear is an enclosed yard area.

    AGENTS NOTES
    RATEABLE VALUE - The current rateable value of the commercial unit is £2900. This is not the amount payable, but used to calculate business rates. The RV falls within Small Business Rate Relief and therefore, subject ot qualifiaction a business occupying this building can claim relief.
    USE CLASS: We understand the current Use Class of the commercial element is: Use Class E - Commercial, Business and Service
    COUNCIL TAX - The council tax for the flat is Band A

    AUCTION DETAILS
    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:

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

    • Buyer’s Fee of 4.8% of the purchase price (subject to a minimum of £6,000 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.

    A THREE STOREY MIXED UNIT FREEHOLD BUILDING. AUCTION DATE TO BE CONFIRMED.

    Stapleford Branch

    t: 0115 949 0044
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