Former Post Office in SDL Auctions Graham Penny’s February Derby auction

Commercial property continues to prove popular in auctions, and SDL Auctions Graham Penny is now inviting final entries from vendors looking to sell retail units, development land, industrial premises or investment properties at the first Derby auction of 2018.

Robert Stone, senior valuer at SDL Auctions Graham Penny, said the auction on Thursday 22 February at Pride Park Stadium already had a strong selection of commercial properties.

“Interest in commercial property in auctions has been growing and we are pleased with the variety of properties already confirmed for our first Derby auction of the year,” he said.

Two good examples are adjacent retail properties with accommodation above in Swadlincote.

The property at 12-14 West Street, Swadlincote is an attractive, double-fronted, semi-detached retail shop with residential accommodation above in need of modernisation and improvement and with a *guide price of £69,000+.

The neighbouring property, 10 West Street, Swadlincote, has a single frontage and two-storey residential accommodation above, as well as a car park and outbuildings with an enclosed garden with the potential for further redevelopment, subject to planning consent. It too has a guide price of £69,000+.

The hammer will also be coming down on an excellent investment opportunity at 100 High Street, Alfreton.

This is the former Post Office located on the corner of High Street and Cressy Road. It is an attractive and substantial two-storey retail premises with offices above that is part-let and part-vacant. It has a total of over 1,800 sq ft of accommodation and has a guide price of £95,000+.