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Brook Cottage, 26 Matlock Green, Matlock, Derbyshire DE4 3BT

Lot no: 38 Re-entry to a future auction
 

Guide Price £180,000+ 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 the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 25th July 2019

11.30am
Key Features
  • Attractive period office building in a prominent roadside position
  • Suitable for a variety of uses subject to planning
  • Located close to Matlock town centre and A6
  • Communal parking to the rear
  • EPC Rating: G
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Re-entry to a future auction

Commercial Property

Property Description:

A very attractive period property of stone construction under a double pitched tiled roof with single glazed sash style windows and entrance from front, side and rear doors.

The property retains some character features and comprises a large entrance hallway/reception with wainscot wood panelling, two offices, kitchen and rear lobby/storage on the ground floor, with a further four offices and kitchen on the first floor. The accommodation has fluorescent lighting, electric panel wall mounted heaters throughout.

There is a basement for useful storage.

There is a communal car park to the rear of the building that is shared with the adjacent residential properties. Details of hours for parking on request. In addition there are free on-street parking bays located directly outside and opposite the property.

ACCOMMODATION:
Ground Floor: 66.7 sq.m (718 sq.ft)
First Floor: 61.6 sq.m (663 sq.ft)
TOTAL: 108.7 sq.m (1,170 sq.ft)

(Measurements are quoted on a Net Internal basis in accordance with the RICS Property Measurement First Edition).

Planning

The property has consent for A1 Retail, A2 Office, B1 Offices under the Uses Classes Order 1987.

There is the potential for a variety of alternative uses subject to planning and head landlords consent. In principle the head landlord would give consideration to include a C1 use class and are open to negotiations regarding the potential for further residential uses with a purchaser.

Interested parties are advised to clarify any potential change of use direct with the local planning department.

Location

Matlock is a picturesque spa town in the heart of Derbyshire close to the Peak District National Park surrounded by beautiful open countryside and is a popular tourist location.

The property is very prominently located in an arterial route position on Matlock Green (A615) with easy access to Matlock town centre and also directly linking with the A61/A38 to the east.

Matlock itself is located on the A6 providing direct access to Derby and Manchester, with nearby towns including Chesterfield, Wirksworth and Bakewell.

Tenure

Leasehold - 999 year lease from 2008.

Business Rates

The property is currently listed as Offices and Premises and has a rateable value of £9,900. Subject to status the tenant might qualify for 100% rates relief. Source: VOA.

Tenure:

Leasehold.



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.