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2 Red Lion Square, Heanor, Derbyshire DE75 7PA

Lot no: 25 Sold Prior to Auction
 

Guide Price £63,000+ 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 26th July 2018

11.30am
Key Features
  • Three storey freehold commercial property
  • Potential to convert upper floors to residential use (stpc)
  • Busy and highly visible location in the market town of Heanor
  • Ideal investment opportunity
  • EPC Rating: G
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Sold Prior to Auction

Commercial Property

Property Description:

DRAFT DETAILS
Three storey freehold commercial premises consisting of a ground floor retail shop unit which has a fully glazed frontage enjoying a position on a busy junction in the bustling market town of Heanor, with potential to separate the retail spaces and to convert the first and second floor into spacious self-contained living accommodation, subject to any planning consent required. Ideal investment opportunity.

The accommodation comprises:

Ground Floor:
Main Shop Unit

Having a fully glazed front aspect.

Separate Room (ground floor)

Having upvc back door giving access to the rear of the property.

Stairs leading to First Floor:
Kitchen

Having wall and base unit, sink and drainer, work surfaces and upvc window to rear aspect.

Second Room

With upvc window to front aspect.

Bathroom

With wash hand basin, low flush wc and upvc window to rear aspect.

Staircase to Second Floor:
Third Room

With upvc window to front aspect.

Fourth Room

WIth upvc window to rear aspect.

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.