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Former Gateway Nursery School, Dale Abbey, Ilkeston, Derbyshire DE7 4PP

Lot no: 45 Sold After Auction
 

Guide Price £185,000+ 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 11th April 2019

11.30am
Key Features
  • Rare residential development opportunity in Idyllic village Location
  • Would suit conversion to family home or pair of dwellings (stp)
  • Former nursery school and playground extending to 0.14 acres (approx)
  • Beautiful countryside views
  • EPC Rating: D
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Sold After Auction

Commercial Property

Property Description:

The building is of brick construction with stone window surrounds under a pitched and tiled roof having a playground with an area of 0.14 acres approx.

The conversion would make a lovely character home or pair of dwellings subject to securing the necessary planning consents.

Dale Abbey is a Derbyshire village that lies approximately 6 miles to the east of Derby city and under 10 miles from the city of Nottingham. It is also very conveniently located within 4 miles of Jnct 25 of the M1 motorway.

The planning authority for Dale Abbey is Erewash Borough Council.

Accommodation
Entrance Hall/Kitchen. 8.6m2 (92.5sq ft)
Main Hall. 83.5m2 (899sq ft)
Quiet Room/Store. 7.92m2 (85.2sq ft)
Cloak room/toilets. 15.2m2 (164sq ft)
Outside

Playground with Portacabin and an area of 0.14 acres approx.

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.