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Church Hall fronting Market Street, Swadlincote, Derbyshire DE11 9DE

Lot no: 24 Sold at Auction for £81,000
 

Guide Price £40,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Friday 15th December 2017

11.30am
Key Features
  • Large detached former Church Hall
  • 5000 sq ft (464.7 m sq) gross internal floor area
  • High Street location
  • Potential for conversion subject to planning
  • EPC Rating: N/A
  • Located in the heart of town centre (conservation area)
  • Exciting freehold investment opportunity
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Sold at Auction for £81,000

Commercial Property

Property Description:

The Church Hall we believe was constructed in 1891 and is a detached building located to the rear of the boundary of 12-14 West Street. The Church Hall is part two storey brick construction under pitched roof over clad with slate tiles. Internally the building comprises an entrance lobby with meeting room off to the left hand kitchen off to the right with open plan hall which has been divided to the rear by stud partitioning and beyond this is a former prayer room, an internal stairwell with access to the WC facilities (note disabled WC has external access). The lower ground floor provides basement area with internal column supports.

Ground Floor

Lobby 100 sq. ft. (9.23 m²)
Kitchen 215 sq. ft. (20 m²)
Meeting Room 215 sq. ft. (20 m²)
Hall 1,234 sq. ft. (114.65 m²)
Partitioned off Hall 332 sq. ft. (30.87 m²)
Prayer Room 574 sq. ft. (53.3 m²)
WC 175 sq. ft. (16.3 m²)

Lower Ground Floor

Basement 1,566 sq. ft. (145.44 m²)
Store 297 sq. ft. (27.62 m²)
Store & Lobby 295 sq. ft. (27.36 m²)

GIA 5,000 sq. ft. (464.7 m²)

Tenure:

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 as Unconditional with Fixed Fee.

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 auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s 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
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.