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Former Natwest Bank, 1 Church Street, Ashbourne, Derbyshire, DE6 1AF

Lot no: 46 Sold at Auction for £310,000
 

Guide Price in excess of £280,000 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 14th December 2017

10.30am
Key Features
  • Freehold Grade II Listed Former Bank Premises, situated within a Town Centre location.
  • The property provides alternative use potential, subject to obtaining the appropriate planning and listed building consents
  • Ashbourne is an historic Market Town in the Derbyshire Dales. It lies within close proximity to Dovedale, making it popular with tourists and day visitors.
  • EPC Rating:
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Sold at Auction for £310,000

Commercial Property

Property Description:

The property comprises an attractive Grade II Listed, three storey former bank premises, of brick construction with stonework detailing surmounted by a part pitched and part flat roof.

The property provides former banking hall, office accommodation, storage and strong room to the ground floor, with office accommodation, storage, male and female WCs to the first floor. Further storage accommodation and former staff room are situated on the second floor. There is also a basement providing storage and boiler room.

Location

Ashbourne is an historic Market Town in the Derbyshire Dales.
It lies within close proximity to Dovedale, making it popular with tourists and day visitors.

The property occupies a prominent Town Centre position, fronting Church Street at its junction with St John Street and Dig Street. There is a mix of local and national retailers, pubs and restaurants within the immediate vicinity. Local occupiers include Barclays, WH Smith, Dorothy Perkins, Subway and Costa.

Tenure

We understand that the property is held Freehold.

Accommodation

Ground Floor: 2,195 sq.ft. (203 sq.m.)
First Floor: 695 sq.ft. (64.6 sq.m.)
Second Floor: 968 sq.ft. (89.9 sq.m.)
Total NIA: 3,848 sq.ft. (357.50 sq.m.)

All interested parties must seek their own verification of floor areas and dimensions and satisfy themselves that they are suitable for any proposed future use.

Value Added Tax

We understand that VAT will not be chargeable on this transaction. All interested parties are advised to refer to the Special Conditions of Sale within the legal pack for their own verification.

Viewings

See viewing schedule.

IN PARTNERSHIP WITH
Tenure:

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.