Commercial Property
The building was formerly a school built in the early 1900’s which has been converted and fitted out to provide office facilities and day care facilities for over 50’s in the area. The single storey accommodation provides a reception area with canteen, day care centre, six administrative offices, two large conference/meeting rooms, two storage rooms and ladies/gents/disabled WC facilities. Externally, there is parking for circa 12 vehicles.
The owner of the property has recently submitted a planning application for Change of Use to 13 apartments (12 x 1 bed and 1 x 2 bed apartments). The application will be available to be viewed on Erewash Borough Council Planning website Ref: 032252.
The premises sit just on the edge of Long Eaton Town Centre. Long Eaton is a medium sized market town conveniently situated within the M1 corridor between the cities of Derby and Nottingham.
71.9m2 (774 sq ft)
48.9m2 (526 sq ft)
27.9m2 (300sq ft)
21m2 (226 sq ft)
28m2 (301sq ft)
15.1m2 (163 sq ft)
17.8m2 (191 sq ft)
60m2 (646 sq ft)
60.1m2 (647 sq ft)
10.9 (118 sq ft)
10.6 (114 sq ft)
12.7m2 (137 sq ft)
Freehold.
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.
