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Cafe Rossa, 28 Nottingham Road, Ripley, Derbyshire DE5 3DJ

Lot no: 23 Sold at Auction for £72,000
 

Guide Price £65,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Friday 24th May 2019

11.30am
Key Features
  • Double fronted commercial freehold premises
  • Let on a FRI lease to 2020 producing £7,500 p.a.
  • Popular and busy location in Ripley town centre
  • Offers a variety of different uses (stpc)
  • EPC Rating: C
  • Very attractive guide price
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Sold at Auction for £72,000

Commercial Property

Property Description:

Cafe Rossa has been successfully trading for approximately 9 years and the well kept premises consist of a spacious shop front with kitchen and steps leading to a raised seating area where there is a passageway leading to four separate wc's and a rear lobby with access out onto an open yard which has further pedestrian access leading out onto Nottingham Road.

Ripley town centre has an excellent range of independent shops, supermarkets, pubs/restaurants and leisure centre. There are local primary and secondary schools and the nearby A38 provides swift access onto the M1 motorway, the City of Derby and further regional business centres. Excellent high yield freehold investment opportunity.

Shop Front 21'9" x 13'7" (irregular shaped room)

Double fronted in appearance with glass windows and door to the front, tiled floor covering, two central heating radiators and suspended ceiling with recessed lights. Steps leading through to -

Seating Area

With glass balustrade, tiled floor covering, central heating radiator and provides access through to -

Kitchen 13' maximum x 8'1"

With pantry, wall mounted wash hand basin. Access to -

Boiler Room
Passageway

Having tiled floor covering, central heating radiator and access to -

Four Separate WC's

With wash hand basins.

Rear Lobby

With central heating radiator and leading out onto the enclosed open yard which has further pedestrian access leading out onto Nottingham Road.

Outside

There is an enclosed private yard with pedestrian access leading out onto Nottingham Road via a timber gate.

Tenure:

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.