12th June 2020
Spectacular former court building will appeal to investors
Burton’s spectacular former magistrates’ court is pleading for a new owner who is a good judge of baroque architecture.
The Grade II Listed former Burton Magistrates’ Court in Horninglow Street will be sold by SDL Auctions Graham Penny in its national property auction on Tuesday 30 June, with a *guide price of £375,000+.
And it is the auctioneers’ verdict that the property would make an excellent commercial investment, as head of auctions East Midlands Robert Stone can testify: “This is a truly beautiful building which would lend itself to a wide number of commercial uses, such as a wedding venue, education building or business headquarters, all subject to planning permission of course.”
The property, which closed as a court in 2016, is in a high-profile location, providing an imposing focal point which is visible from the whole length of Guild Street. It was designed by local architect Henry Beck in English baroque style and built from the best quality Portland Stone by Richard Kershaw in 1910.
Extending to over 9,000 square feet, it comprises more than 50 rooms including the main courtroom with its formidable magistrate’s bench and glass dock leading down to the cellar.
There is fascinating original period architecture throughout the property, such as its landmark leaded dome, elegant columns and beautiful glass features including impressive skylights, circular windows and a stained glass window bearing Burton’s coat-of-arms.
At the rear of the freehold property is a 40-space car park.
Robert said: “Our verdict is that the new owner of this property will be buying a piece of Burton’s history. It is rare to find so much period detail in a property in such good, well-maintained condition so this rare opportunity should not be overlooked.”
The former Burton Magistrates’ Court will be sold by SDL Auctions Graham Penny on Tuesday 30th June in its national property auction, which will be broadcast live over the internet in place of its usual room auction at Pride Park Stadium in Derby. Bids will be taken by proxy, by telephone and over the internet.
Since the start of lockdown, by running auctions in this way, alongside online auctions, SDL Auctions has sold 252 lots and raised £31 million for sellers, with lots selling for an average of 16% above their guide prices.
Robert added: “We are proud to have been able to continue to operate successfully throughout the lockdown period, as we know we are providing a valuable service to sellers while keeping everyone safe.”
To find out more about the national property auction on Tuesday 30th June, call the team on 01332 242 880 or click here.