Commercial Property
The property sits within a modern parade of shops and is well located within the heart of the main retail area of Ilkeston town centre. The sale is for the ground floor space only, the first-floor accommodation is used as offices and is NOT included in the sale.
The shop is of brick construction, with glazed frontage under a pitched and tiled roof. The retail area offers 527sq ft of accommodation, has suspended ceiling with recessed fluorescent strip lighting and is carpeted throughout. There is a separate store room to the rear of the property extending to a further 137sq ft. Accessed from the store room is a separate WC. There is also a fire escape leading from the store room to a shared outdoor yard/loading area to the rear of the premises.
49m2 (527sq ft)
12.76m2 (137sq ft)
Shared rear yard, accessed via fire escape from store room.
Leasehold. Vacant possession upon completion.
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.
