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6 King street, Belper, Derbyshire DE56 1PS

Auction Event
 

Guide Price £145,000+ 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 a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 25th July 2024

9.00am
Key Features
  • Located within the popular market town of Belper
  • Extending to approximately 1,098 sq ft / 102.1 sq m
  • Offers invited in excess of £225,000 for the freehold or £17,000 per annum exclusive for the leasehold
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Retail Property (High Street)

Property Description:

Prominent two-storey retail unit within town centre location suitable for a variety of uses.

The property comprises a two-storey end-terraced retail unit spanning the ground and first floor and benefits from a heavy amount of footfall due to its high street location and close
proximity to the junction of Bridge Street.

Internally, the space provides a rectangular shaped retail area to the ground floor which includes additional storage rooms to the rear, with a further rectangular shaped storage room to the first floor along with kitchen and WC facilities.

Previously occupied by Derbyshire Wildlife Trust, the property is fitted with a mixture of inset / spot lighting, painted plaster walls, and wood / laminate effect flooring with the inclusion of a large window shop frontage.

The property is located in a prominent position at the bottom of King Street, Belper, close to the junction with Bridge Street. King Street remains a primary retail address in Belper offering a number of national retailers such as Iceland, Boots and Holland and Barrett along with a plethora of local retailers within the surrounding units.

Ground Floor

546 Sq Ft

First Floor

552 Sq Ft

Planning

We understand the property falls under use class E (formerly A1 shops) however may be suitable for alternative uses subject to the necessary planning consents. All planning information should be confirmed with the local authority.

Services

We understand that all main services are connected to the property excluding gas.

Business Rates

The property is currently listed on the valuation office website as having a rateable value of £12,250.

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.