Commercial Property
DRAFT DETAILS. An excellent opportunity to acquire a unique commercial investment. Set within the walled garden to the rear of Staunton Harold Hall is a privately owned garden centre and Nursery. Successfully run since 1990, the garden centre has grown from a plant nursery into a fully operational garden centre offering a vast array of plants and garden furniture, there is also an aquatic centre, gift shop and restaurant on site.
The grounds of the hall itself extend to 2000 acres with plenty of walks offering a full range of facilities for a family day out, the garden centre itself sits adjacent the Ferrers Centre for Arts & Crafts with cafes and Deli’s set within what was formally the stable block.
The current owners are proposing to sell the Garden centre to an investor and take a 10 year lease back on the premises. The lease will commence upon the sale and the rent has been agreed at £80,000 p.a.
Interested parties are to note that the Garden centre has two legal access points, from both Melbourne Lodge and Heath End. While access has also been used for many years from Ashby Lodge, this is not a legal right of way.
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.