Residential Development
A freehold mixed use property with planning permission for the creation of 4 residential dwellings above and commercial to the ground floor, offered with vacant possession upon completion.
Constructed of brick to the external elevation all under a tiled roof, the accommodation in brief comprises the main ground floor retail unit, ground floor cloaks and changing facilities, kitchen, and separate entrance hallway. On the first floor, there are multiple office and storage rooms along with separate toilet facilities. The first-floor office space, with planning in place to convert into apartment units.
The accommodation comprises:
Ground Floor Retail - 13.21m x 12.42m approx (43ft 4 x 40ft 9 approx)
This large versatile retail space benefits from offering an open aspect with large glazed picture windows to the front and side, suspended ceiling, gas central heating, air conditioning units, currently utilised as clothes retail while offering potential to sub-divide into smaller additional units. UPVC double glazed French doors to the rear, counter area, dressing areas and doors to:
Cloaks/W.C. - 2.26m x 1.60m approx (7ft 5 x 5ft 3 approx)
UPVC double glazed window to the side, vanity wash hand basin with storage cupboards below, tiling to the floor, suspended ceiling and wall mounted radiator. Stairs to the first floor.
Ground Floor Entrance Hall
Open storm porch with panelled door having side glazed panels leading to entrance hall and ground floor kitchen.
Kitchen - 3.00m x 2.01m approx (9ft 10 x 6ft 7 approx)
UPVC double glazed window to the rear, fitted kitchen with a range of matching contemporary wall and base units incorporating laminate work surface over, stainless steel sink with hot and cold mixer tap, integral oven with four ring ceramic hob over, side access door, understairs storage, quarry tiled flooring.
Office 1 - 4.29m x 3.43m approx (14ft 1 x 11ft 3 approx)
UPVC double glazed picture window to the front, ceiling light point, picture rail, wall mounted radiator.
Store 1 - 2.11m x 1.12m approx (6ft 11 x 3ft 8 approx)
UPVC double glazed window to the front, ceiling light point.
Office 2 - 5.89m x 3.91m approx (19ft 4 x 12ft 10 approx)
Three UPVC double glazed windows, two to the side and one to the front, wall mounted double radiator and ceiling light point, air conditioning unit.
Alterations Room - 2.92m x 2.84m approx (9ft 7 x 9ft 4 approx)
UPVC double glazed window to the side, ceiling light point and wall mounted radiator.
Store 2 - 3.91m x 3.68m approx (12ft 10 x 12ft 1 approx)
UPVC double glazed window to the side, wall mounted radiator and storage cupboard.
Store 3 - 2.41m x 2.18m approx (7ft 11 x 7ft 2 approx)
UPVC double glazed window to the rear, wall mounted radiator and ceiling light point.
Second Landing
UPVC double glazed window to the side, loft access hatch, ceiling light point, doors to:
Toilet - 2.24m x 1.85m approx (7ft 4 x 6ft 1 approx)
UPVC double glazed window to the rear, wall mounted radiator, vanity wash hand basin, low flush w.c.
Store - 2.39m x 1.85m approx (7ft 10 x 6ft 1 approx)
UPVC double glazed window to the front and ceiling light point.
Office - 4.42m x 4.22m approx (14ft 6 x 13ft 10 approx)
UPVC double glazed window to the rear.
The property is a short drive away from Asda and Tesco superstores and numerous other retail outlets found in Long Eaton town centre as well as sitting on a busy shopping parade within Sawley. Excellent transport links include Long Eaton train station which is just across the road and provides rail travel to Nottingham and Derby as well as London, junctions 24 and 25 of the M1, East Midlands Airport and the A52 to Nottingham and Derby.
Planning permission has been granted by Erewash Borough Council dated 28/11/2022 for the reduction in retail space to enable the conversion of the ground and first floor to 4 studio flats under reference 1122/0053. Interested parties should direct any planning enquiries to the Local Authority.
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 an 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 fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 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.
