Mixed Use
A mixed use investment property comprising 477 square feet (44.31 square metres) of prime ground floor retail space with two bedroom self contained first floor flat with its own access to the rear.
The property is currently creating an income of £14,400 per annum.
The property enjoys a prime High Street location, nearby traders include Swinton Insurance, Lloyds TSB, Derbyshire Building Society, Subway Sandwich Bar to name a few. The property boasts easy access to Junction 28 of the M1 motorway and the A38 dual carriageway.
With a central placed entrance door with glazed bay windows to either side with spotlighting over, suspended ceiling with fluorescent lighting, two double panelled radiators and steps rising to..
With double panelled radiator, suspended ceiling with fluorescent lighting and door opening to..
With double panelled radiator, suspended ceiling with fluorescent lighting, Baxi wall mounted gas fired combination boiler operating central heating and instant hot water system, high level UPVc double glazed window and panel door providing access to the rear.
Containing a single drainer stainless steel sink unit with hot and cold taps, double panelled radiator and fluorescent lighting to ceiling.
With two sash windows, electric panel heater, open fire to fireplace, dado rail and French double doors opening to..
With sash windows and electric storage radiator.
With a double drainer stainless steel sink unit with mixer taps, single glazed window and electric storage radiator.
Containing a three piece white suite comprising cast iron panel bath, wash hand basin and airing cupboard contains the hot water cylinder.
Access to the rear.
Construction Material: Standard brick. Heating: Boiler, mains gas. Coverage: Broadband - Standard and Superfast is available in this location. Mobile signal - O2, Vodafone, EE and Three show as medium in this area. Satellite and Cable - BT and Sky show as available.
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
We have been informed that there are arrears on this property within the last 4 weeks. Prospective buyers should refer to the legal pack and our terms and conditions for further information prior to bidding, as their bid will be binding.
Freehold. Subject to tenancy.
- Heating Supply: Gas Central
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
Allocated
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.
