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26 King Street, Alfreton, Derbys, DE55 7AG

Lot no: 56.0 Withdrawn Post
 

Guide Price £220,000 plus fees


Wednesday 24th February 2016

12.00am
Key Features
A traditional two storey building with the ground floor and basement level having been professional fitted out in recent years for trade as an Italian themed restaurant.
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Withdrawn Post

Commercial

Property Description

*UNSOLD AT AUCTION. AVAILABLE AT £240,000*

The property comprises a traditional two storey building with the ground floor and basement level having been professional fitted out in recent years for trade as an Italian themed restaurant.

The ground floor offers a large open plan bar / dining area with approximately 80 fitted covers, bar servery and separate pizza servery, high quality ladies, gents and disabled WC’s and a further fitted well equipped kitchen including three steel workbenches.

Catering equipment includes a 'Blue Seal' six ring hob with oven underneath, charcoal grill, large extractor unit, a 'Beaufort' double commercial fridge, a 'Blodgett' conveyor pizza oven, 'Parry' double fryer and a 'Chef King' chilled server for pizza toppings etc. with refrigerated storage under and a Sanyo microwave. The drinks bar has a double drinks display fridge, steel wash hand basin, a glass washer and a triple under bar refrigerator. 

The basement area provides cellar facilities and storage together with a large fitted preparation area having a ceramic tiled floor and featuring a walk in cold room. Additional equipment within this area of the property includes a commercial dishwasher with double stainless steel sink unit, two double refrigerators, a steel storage cabinet, two steel workbenches and a hot drinks vending machine.

The first floor is presently accessed via an external steel staircase from the rear of the property and comprises several vacant rooms which have potential for conversion to residential purposes (subject to any statutory consent required).

The accommodation comprises:

Ground Floor

Bar/ Restaurant

Kitchen

Basement

Prep Area

Beer Cellar

Store

First Floor

Four Rooms

Store

Shower Room

Kitchen

Lobby

Net internal area: 1,791 sq. ft.

Rates
According to the Valuation Office Agency website the premises have a rateable value of £13,250.

Services
It is understood that all mains services are connected to the property.

Tenure
Freehold. Vacant possession on completion.

Conditions Of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not.  Any questions relating to them must be raised prior to 11.30 am.  Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn. 

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Note
Prospective purchasers will need to register within the auction room before the sale commences.  Two items of identity will be required together with an indication of how a contractual deposit will be paid.  We do not take cash deposits.

The sale of all property is subject to a buyers fee of £750 (inc VAT).

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary

FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE

WWW.GRAHAMPENNY.COM

Feature 1

Substantial ground floor bar/restaurant premises

Feature 2

Sizeable basement preparation area/cellar

Feature 3

First floor with potential for living accommodation (stpc)

Feature 4

Situated within central shopping area of Alfreton

Feature 5

EPC Rating : C

Tenure: