Commercial Property
A unique commercial building comprising open plan office/commercial space overlooking the picturesque Trent Lock with parking.
The property comprises a semi detached commercial building dating back to circa. 1779 and it benefits from being remodelled and renovated over the years whilst retaining many periodic features including stable door, feature beams, downstairs workshops and much more.
The building was completely renovated in 2010 and benefits from modern conveniences such as gas central heating and partial double glazing. The building is also wheelchair friendly with a metal ramp to the side door and accessible WC. The buildings main space includes a feature vaulted beam ceiling, with a kitchen area and WCs to the rear, with external stairs to the outside garden space, which has two sets of locked wooden gates so it can be accessed to park vehicles. Downstairs there are four storage/workshop areas with power and lighting. For the size and layout of the accommodation to be appreciated, we recommend that interested parties do take a full inspection so they are able to see all that is included.
In brief, the building comprises of large open plan office space with access via a ramp up to the side front door, with a bay area to the front overlooking the canal and river Trent. The 43ft room is open to the apex with a beamed ceiling. Through the original stable style door, there is a kitchen area and two WCs, one which is disability accessible. To the rear of the building, there is a metal staircase to the garden area which has a large composite decked area with shrub borders. This outside space wraps around to the side with off road parking which can be accessed via fenced lockable gates. Underneath the building, there are three warehouse/storage areas with power and lighting.
Situated in a superb location, facing Trent Lock, an attractive destination on the Erewash Canal and River Trent. There are two popular public houses/eateries on the doorstep, as well as Trent Lock Golf Club - great for meetings and entertaining clients. Conveniently situated close to Sawley and Long Eaton town centre, the train station within a five minute drive, as is the M1 motorway, and within 15 minutes is East Midlands Airport.
To the rear the outside can be accessed via a mental staircase to the rear of the building, it is a fully enclosed with fencing and a partial brick wall. There are two lockable gates to the front and side for vehicles to access. The outside is mainly gravelled with a raised composite decked area and a raised shrub border.
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
These sales details are awaiting vendor approval.
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. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers 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 Buyers 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 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.
