Commercial Property
The building is very well presented and its current planning uses are Retail A1 and cafe/restaurant A3. The building until very recently housed a very successful and well known business known as 'Hollies Farm Cafe', which was run by the current owner of the building but has closed very recently due to the owners retirement.
The building also benefits from an alcohol licence between the hours of 9 am and 9 pm. There is also a large outdoor decking/seating area and an upstairs floor/seating area with fantastic far reaching views of the countryside. This building would be suitable for a number of uses (stpc) due to its size and location.
Planning consent has been granted by Erewash Borough Council Planning Department - ERE/0619/0059 - for a two bedroomed owners accommodation within the existing footprint of the building making this a totally unique opportunity.
The sale is for the building only and the quality fixtures and fittings and kitchen equipment can be purchased by the purchaser by separate negotiation if required.
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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 Variable Fee (England and Wales).
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 fees apply:
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
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 Price
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.
