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Bilsthorpe Methodist Church, Valley Road, Newark, Nottinghamshire NG22 8QH

Lot no: 17 Sold at Auction for £71,000
 

Guide Price £60,000+ 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 and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 25th May 2023

10.00am
Key Features
  • Originally built as a Co-Operative Store, and latterly used as a Place of Worship
  • Extending in total to 2,166 sqft/201.23 sqm(approximately)
  • Potential for a variety of uses, subject to obtaining the necessary planning consents.
  • EPC Rating: Exempt
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Sold at Auction for £71,000

Place of Worship

Property Description:

The property is believed to have been a former Co-Operative store, likely to have been constructed in the late-1950s/early-1960s, of brick and steel-framed construction, under a flat concrete roof, with pitched roofs to the front and rear gables. In more recent times, the property has been used as a Place of Worship, and benefits from a reception lobby to the side leading to a Chapel, which is open-plan, having at high level, carpeted floor, painted plastered walls, and central heating radiators. To the rear of the Chapel is a kitchen/cafe area and access off to a cellar, with accessible WC, storeroom, and office.

There is an internal staircase leading to the first floor with a small mezzanine, accommodating a further WC. The first floor is open-plan, with a secondary kitchen off. The room has been used for assembly and leisure purposes, and has painted walls, exposed steel frame, and a mix of UPVC and metal-framed windows to the perimeter. Externally, there are two off-street car parking spaces to the front, and a small enclosed area to the rear and side.

The property is located off Valley Road, within Bilsthorpe, Nottinghamshire. Bilsthorpe is a Village with a resident population of 3,375 inhabitants (2011 census), and was once synonymous with coal mining, with Bilsthorpe Colliery operating from 1927 before its closure in 1997. The principal roads in the area are the A614 and A617, and the settlement lies five-miles to the south of Ollerton, and nine-miles east of Mansfield.

It is understood that mains electricity, water, and drainage are connected to the property. The heating system was served by an oil-fired boiler. No tests have been undertaken, and no warranties are given or implied.

The property has previously been used as a Place of Worship, which falls within Use Class F1 of the Town and Country Planning (Use Classes) Order 1987, (Amended) (England) Regulations 2020. The property offers potential for alternative uses, and we would recommend any interested parties make their own enquiries with the local authority, Newark & Sherwood District Council. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Ground Floor:
Reception Lobby - 94 sqft(8.76 sqm)
Chapel - 612 sqft(56.89 sqm)
Kitchen/Cafe - 284 sqft(26.41 sqm)
Office - 53 sqft(4.95 sqm)
Store - 16 sqft(1.49 sqm)
Accessible WC - 57 sqft(5.34 sqm)
Mezzanine WC - 60 sqft(5.59 sqm)
First Floor:
Assembly and Meeting Area - 906 sqft(84.2 sqm)
Kitchen - 84 sqft(7.76 sqm)
Cellar - Not Measured
Total Gross Internal Area - 2,166 sqft(201.23 sqm)
Tenure:

Freehold. 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 Variable Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms.


Auction Deposit and Fees

The following deposits and non- refundable auctioneer’s fees apply:

• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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.


Guide Price & Reserve Price

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.
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