Commercial Property
DRAFT DETAILS
An excellent opportunity to acquire a three storey former restaurant and accommodation above with full planning consent to convert into seven self-contained apartments. Although the auctioneers have not internally inspected the premises we believe the GIA to be 211 sq metres (2271sq ft). The planning consent granted in January 2018 provides for four x two bed and three x one bed apartments.
The premises is of brick construction under a pitched and tiled roof. The property fronts Patchwork Row which is a mix of retail and residential located on the edge of Shirebrook town centre close to the main shops and amenities.
The planning application and drawings can be viewed at Bolsover District Council planning department, planning ref: 17/00617/FUL
The auctioneers have not had the opportunity to inspect the current accommodation but believe it to comprise:
5.7m x 3.6m
Understairs storage cupboard housing meters
9.7m x 3.6m
With staircase to first floor.
4.6m x 3.5m
With double glazed window to side and rear entrance door.
2.3m x 2m
With window to side
7.5m x 3.5m
With three double glazed windows and rear entrance door
3.9m x 3.6m
With window to front elevation
2.6m x 3.6m
With window to side elevation.
3.6m x 1.2m
With wc, wash hand basin and shower cubicle.
3.9m x 3.6m
With double glazed window to front elevation.
3.9m x 3.6m max
With wc and wash hand basin, window to rear.
2.9m x 3.6m
2.9m x 3.6m
With dormer window to front.
There is a small area of outdoor space to the side and rear of the property enclosed by a high brick wall that can be used as shared amenity space for the residents.
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.
