Commercial Development
DRAFT DETAILS
The auctioneers have not inspected the premises internally but believe it to comprise of single story commercial unit that comprises a retail supermarket of brick construction under a hipped and concrete tile clad roof with forecourt parking to the front. To the rear of the supermarket there is an attached Warehouse of brick and block construction under a steel framed pitched roof. Adjacent to the warehouse is a further workshop/warehouse premises of concrete prefab construction under a pitched roof.
The business was previously a successfully trading supermarket however due to a sudden and unforeseen serious illness to the proprietor the premises was forced to close. The property may suit other uses and may subdivide into smaller units. Although planning consent has not been secured there is an indicative layout showing conversion into four separate residential units.
We have been informed by Mansfield District Council that a retrospective application (APP/X3025/A/10/2142654) to extend the retail area has been refused. Any inquiries in this regard should be made direct to Mansfield District Council.
The accommodation comprises:
128 sq metres (1378 sq ft)
With protective roller shutter doors to front.
21.8 sq metres (234 sq ft)
200.69 sq metres (2160 sq ft) Eaves height 3.37m (11ft)
Roller shutter doors to the front providing vehicular access.
228.76 sq metres (2462 sq ft) Eaves height 2.8m (9ft 3)
Having roller shutter doors to the front.
Forecourt parking to the front of the supermarket with shared vehicular access to the rear unit.
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.
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