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Former St. Thomas Methodist Church, St. Thomas Road, Derby DE23 8RL

Lot no: 3 Sold at Auction for £361,000
 

Guide Price £195,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 25th November 2021

10.00am
Key Features
  • Former Place of Worship with Assembly Hall, Meeting Rooms and Ancillary space
  • Extending to 3,944 sq.ft/37.1 sq.m on a site of 0.27 acres/0.109 hectares or thereabouts
  • Potential for redevelopment or alternative uses (stpc)
  • Freehold with vacant possession
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Sold at Auction for £361,000

Place of Worship

Property Description:

DRAFT DETAILS - AWAITING VENDOR APPROVAL

The 1960’s Chapel is brick-faced with concrete frame, with under-boarded timber ceiling, timber flooring, fixed organ, and UPVC double glazed windows to the side elevations. The former Chapel has been converted to an assembly hall, with stage area, timber-boarded floor, uPVC double glazed windows, and central heating radiators. Behind the assembly hall is a dining room/amenity space with non-slip flooring, and fluorescent strip lighting. There is access through to a meeting room, together with storage and a former boiler room to the lower ground floor level.

Externally, is a driveway down the side of the building, leading to a rear car park with hardcore-surfaced finish.

Floor Areas

Ground Floor 3,994 sq.ft (371.1 sq.m) TOTAL GIA

Site Area 0.27 acres (o.109 hectares) or thereabouts.

Location

The property is situated in a prominent position, off St. Thomas Road, close to the junction with Village Street and Balfour Road, within the Cavendish district of the City of Derby. The site is bordered by residential dwellings, and directly facing the site is a Ramgarhia Gurdwara Sikh Temple.

Services

It is understood that mains gas, electricity, water, and drainage are all connected to the site. No tests of the services have been undertaken, and no warranties are given or implied.

Planning

The local planning authority is Derby City Council, and the property currently falls within Use Class F1 (Learning and Non-Residential Institution), as defined by the Town and Country Planning (Use Classes) Order 1987, (Amended) (England) Regulations 2020.

In our opinion, the site may be suitable for redevelopment, or for an alternative use, and would recommend that interested parties make their own enquiries with the local authority.

Tenure:

Freehold. Vacant possession upon completion.


Viewings:
To book a viewing, please contact SDL Property Auctions to arrange.

Auction Method:
The auction for this property will take place as an "Auction Event" behind closed doors with a live auctioneer and will be streamed online in real-time. The property will be sold alongside several other lots. Bids must be placed remotely please see the below section on "Registration Process". The auction can be watched in real-time on the auction date through SDL Property Auctions' website on their home page.
The auction date applicable for the property is displayed underneath the property description. It is not possible to provide a precise timeslot when this property will be auctioned on the day, because there are other lots being sold.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to SDL Property Auctions' Buyers Terms (England & Wales) which are available on SDL Property Auctions website.

Auction type - Unconditional with Variable Fee
If you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end. You must then pay the applicable fees and deposit. You must complete the sale within 20 business days unless the Special Conditions of Sale contained within the Legal Pack state otherwise.

Auction Fees
The following non-refundable fees apply:
Buyer's Fee- payable on exchange of contracts. This is calculated as a percentage of the actual purchase price of the property. Either:
(a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000
(b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000
The Buyer's Fee is subject always to a minimum of £6,000 (including VAT). The Buyer's Fee does not contribute to the purchase price.
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 Special Conditions carefully before bidding. Any additional fees are included at the seller's discretion, not on the instruction of SDL Property Auctions, and will be in addition to any fees payable to us. SDL Property Auctions has limited control over the content of the Special Conditions of Sale.

Deposit
On exchange of contracts, you must pay a non-refundable deposit equal to 5% of the actual purchase price of the property, subject to a minimum of £5,000. The deposit contributes towards the purchase price.

Payment Method:
Applicable fees must be paid immediately after a winning bid has been placed. Payment by cash or cheque will not be accepted. Prior to the auction, you will receive an email from the auctioneer to register your card details with third-party provider, Stripe. Your card details will be stored on their secure online payment platform. Payment will only be taken from you in the event of a winning bid. In this case, you will be contacted by a representative of the auctioneer to make payment. If you cannot be contacted within 24 hours after the auction ends, the auctioneer reserves the right to charge your card.

Legal Pack
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
The legal pack can be viewed on SDL Property Auctions website by searching for the property. On the property details page there is a sub-heading "Legal Packs". Follow this link, and you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. An addendum may be issued outlining any late changes. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.

Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of SDL Property Auctions' terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.

Registration Process:
To register to bid on the property, visit the SDL Property Auctions website and submit your remote bid. The lot number can be found against the Lot Details of the property. Prospective buyers must register no later than 12pm the day before the auction date. If you register after the cut-off, it cannot be guaranteed that your registration will be processed.

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