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Shop
The premises compromise a ground floor retail unit, changing rooms and a kitchen/store with a timber-framed double shop fronting onto Sadler Gate. The premises benefit from an air conditioning/heating system.
The upper floors are separately accessed via an entrance to the left of the shop, with stairs leading to a small office. Further stairs lead to the main accommodation which is arranged as a private members club. There is a bar area, dance floor/stage, additional customer areas and WC facilities. Stairs lead to the second floor which compromises two offices and a store.
The premises are situated on Sadler Gate, within the Cathedral Quarter of Derby city centre, which is home to Derby‘s niche retailers, and the main food and drink circuit. Nearby occupiers include; designer clothing outlets, home and giftware shops, hair and beauty salons, cafes, bars, and restaurants.
Rateable Value - Shop and Premises £14,750, Wine Bar and Premises £16,750
We understand the premises have E/A1 Retail consent, as defined by the Town and Country Planning (Use Classes) Order 1987, (Amended) (England) Regulations 2020
670 sq.ft, 62.2 sqm
138 sq.ft, 12.8 sqm
64 sq.ft, 5.9 sqm
1,776 sq.ft, 165 sqm
393 sq.ft, 36.5sqm
3,041 sq.ft, 282.4 sqm
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 under and Unconditional sale type.
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 1.2% of the purchase price (subject to a minimum 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.
