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Riverside Works, Sherwood Street, Chesterfield S40 2EE

Lot no: 186 Sold Prior to Auction
 

Guide Price £250,000+ plus fees

Unconditional with Fixed 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 26th September 2024

9.00am
Key Features
  • Light Industrial units x 2 (total 3,338 or thereabouts) - site not yet measured
  • Good Location
  • Potential to redevelop STOPP (circa 0.5 acres site)
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Sold Prior to Auction

Light Industrial

Property Description:

A freehold light industrial site extending 0.5 acres (or thereabouts) comprising industrial sheds and associated storage along with yard area located at the end of Sherwood Street offered with vacant possession upon completion. There may be scope to redevelop the site subject to obtaining planning consent.

The site comprises two industrial sheds plus some additional storage and is sat behind secure gates.

The site is located circa 5 miles from Junction 29 of the M1 Motorway and a few miles from the Centre of Chesterfield.

We are yet to inspect the premises and will add additional information once we have conducted an inspection.

Interested parties are advised to inspect the legal pack for more information.

Note: The lot is registered as land and buildings lying on the south eastern side of Sherwood Street.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Flood Risk

High Flood Risk

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 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.