Mixed Use
DRAFT DETAILS - AWAITING VENDOR APPROVAL
The property fronts Market Place in the commercial centre of Bolsover and comprises a mid-terraced two storey building. The accommodation consists of two ground floor shops and residential to the upper floor.
38 Market Place comprises a ground floor takeaway unit which includes a front sales area and rear preparation area with access via front and rear doors. The unit is currently let on a 20 year lease from 23rd November 2016 producing £800 pcm. This income includes the rent for the flat above.
The auctioneers have not inspected 38A Market Place but believe it to comprise a lock up retail unit operating as a barber’s shop and includes a sales area and WC facilities with access via a front door only. Let on an annually rolling 1 year agreement producing £500 pcm.
At first floor level there is a self-contained two bedroomed flat with living room, kitchen and bathroom with shower, wash basin and wc. The accommodation to the upper floor requires a scheme of modernisation and upgrading works. Access is via a rear external staircase.
With glazed frontage.
With glazed frontage.
With glazed frontage.
With shower, wash basin, and wc.
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.
