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32 & 32A Market Place, Melbourne, Derbyshire DE73 8DS

Lot no: 52 Sold at Auction for £248,000
 

Guide Price £125,000+ 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.

Thursday 22nd February 2018

11.30am
Key Features
  • Very prominent retail sales premises with upper floor accommodation
  • Three bedroomed, two storey flat
  • Two storey outbuilding located to the rear
  • Business unaffected and offered with vacant possession
  • EPC Rating: Shop - D; Flat - D
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Sold at Auction for £248,000

Commercial Property

Property Description:

The business is unaffected due to relocation and the whole of the premises will be sold with vacant possession.

The ground floor sales unit has the benefit of air conditioning and in brief comprises a retail shop with preparation room, staff room/kitchen lobby and separate wc. The flat is accessed to the rear of the shop with its own access with staircase leading to the first floor and comprises of front sitting room, kitchen, understair storage area with access to the wc and guest bedroom located to the rear. To the second floor landing there are two further bedrooms and a bathroom.

This superb mixed commercial/residential property offers potential for a good yield subject to further improvement and will surely appeal to investors/landlords at such an attractive guide price.

In more detail the accommodation is as follows -

Retail Sales Shop 20’ x 12’6”

Having glass fronted display and glazed entrance door.

Preparation/Store Room 11’8” x 9’8”

Continuation of the suspended ceiling.

Staff Room/Kitchenette 8’7” x 5’7”

With window to rear, stainless steel sink and drainer, panel heater.

Lobby 3’2” x 2’9”

With door leading out onto the yard.

WC 5’ x 3’

With obscure window to rear. Comprising a low level wc, wall mounted wash hand basin.

32a Market Place
Rear Ground Floor Entrance

With double glazed PVC entrance door with staircase leading to the first floor landing.

First Floor Landing

With archway, central heating radiator and window to side.

Kitchen 12’6” x 9’ reducing to 5’9”

With window to side. The fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface, stainless steel sink and drainer with splashback tiling. Wall mounted Worcester combination boiler and central heating radiator.

Rear Lobby

With understair storage and access through to –

WC 18’10” x 2’9”

With obscure window to rear and low level wc.

Front Sitting Room 13’2” into chimney recess x 13’3”

With two sash windows to the front elevation which overlook the Market Place, moulded coving to ceiling, deep skirting boards and feature fireplace.

Bedroom 12’ into wardrobe reducing to 9’ x 8’5”

With sealed unit double glazed window in uPVC frame to the rear elevation, built in wardrobe and central heating radiator.

Second Floor Landing
Bedroom One 13’2” into chimney recess x 13’2”

With sash window to the front elevation, built in cupboard and central heating radiator.

Bedroom Two 12’6” x 6’

With sealed unit double glazed window in uPVC frame to the rear elevation, built in wardrobe and central heating radiator.

Bathroom 9’4” x 5’8”

With obscure window to rear elevation. Comprising a panelled bath, shower unit over and shower rail, low level wc, pedestal wash hand basin, fitted cupboard and complementary tiling to the walls.

Outside

To the side there is a shared passageway leading to a shared yard with a two storey brick built outbuilding with pitched tiled roof with accommodation to the ground floor measuring 11’ x 6’8” with window and door to front and staircase. Room to the first floor measuring 11’ x 10’8” with window to front and vaulted ceiling. We feel this outbuilding would allow itself a number of different uses either as further storage to the retail shop or offices subject to the usual planning consents.

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.