Commercial Property
DRAFT DETAILS AWAITING VENDOR APPROVAL. The corner ground floor shop known as ‘Oh So Scrumptious!’ is on a 12 year lease with 6 year break clause and is producing £770 per calendar month. Internally the shop boasts a generous sized dining area and kitchen leading out onto the rear where there is parking for one vehicle.
There is a staircase leading to the first floor one bedroomed flat which produces £340 per calendar month on an assured shorthold tenancy agreement with a long term tenant and offering scope for rental increase.
Breaston village is a popular location conveniently positioned for the town of Long Eaton, the Cities of Derby, Nottingham and the M1 motorway.
Comprises -
Comprises -
Entered by obscure double glazed PVC door and sealed unit double glazed window in uPVC frame. The fitted kitchen comprises a range of wall mounted cupboards with base units, drawers, preparation surface with stainless steel sink and drainer with splashback tiling and plumbing for automatic washing machine.
With sealed unit double glazed window in uPVC frame and gas fire.
With sealed unit double glazed window in uPVC frame.
With two sealed unit obscure double glazed windows in uPVC frame. Fitted with a three piece suite comprising a panelled bath with low level wc, wall mounted wash hand basin, complementary tiling to the walls and airing cupboard.
Rear yard with double timber gates and parking for one vehicle.
Freehold. Subject to tenancy.
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 Fixed Fee.
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 fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
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
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.
