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Land
The site of the former Derwent House.
The building has been demolished and the site cleared. The site extends to approximately 0.5748 hectares (1.42 acres) or thereabouts.
The site is located along Ulverston Road on the junction with Newbold Road and consists of a rectangular shaped parcel of land sat within a popular housing estate in Chesterfield.
We feel the site would lend itself to a variety of alternate uses owing to its previous use and advise interested parties to inspect the legal pack for more information. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.
The sale of the property is subject to a restrictive covenant which is referred to in the Land Registry Register - The Council hereby covenants with the Corporation that the Council will use the said or parcel of land for the erection and use of an Old Peoples Home or for such other statutory purpose of the Council as will not be detrimental to the housing estate which it adjoins. Interested parties are advised to inspect the legal documents and make all necessary independent enquiries in this respect prior to placing their bid, as this will be binding.
Freehold.
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 auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 inc. VAT
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.
