Former fish and chip shop is a real catch for commercial investors

A former takeaway in Alfreton is among the tasty lots being served up in the next SDL Auctions Graham Penny Derby auction this month.

After running the business successfully for many years, the family owners of Andrew’s Fish Bar and Kebab House, 18 High Street, Alfreton, have now retired and are looking for a buyer to fork out for the three-storey property.

The mid-terraced freehold property, which has a *guide price of £85,000+, houses the former chip shop premises on the ground floor with residential accommodation above and commercial auction valuer Nick Trow believes the property has much to offer.

He said: “This building would suit anyone wanting to run a commercial business and have the option of living on site. Alternatively, the property is likely to appeal to investors as it would make an excellent addition to a commercial or residential portfolio.”

The main ground floor retail area offers 449 square feet of accommodation, with a retail area retaining its original serving counter and chiller cabinets. At the rear of the ground floor are a kitchen and an additional large store room. There is a cellar, plus access via a fire escape to a rear loading area/yard.

Stairs from within the main retail space lead to the upstairs accommodation, which requires some modernisation. The first-floor landing leads to a bathroom, separate WC, living room and bedroom. There are two further bedrooms on the second floor.

Nick added: “This is a fantastic location for a business, being right on the high street in a prominent location. It is in an equally good spot for a residential rental property, with excellent transport links and good local amenities, including nearby supermarkets and parks.”

Alfreton is a popular town with a busy shopping hub, which includes high street shops and banks alongside independent businesses. The town has its own railway station running regular services to cities such as Sheffield, Nottingham, Liverpool and Leeds.

The property will be sold by SDL Auctions Graham Penny, the East Midlands’ biggest and most successful auctioneer, at its fourth sale of the year at Pride Park Stadium on Thursday 25 July. The guide price is £85,000+.

To find out more about the property, or to read the full catalogue for the auction on Thursday 25 July at Pride Park Stadium click here.