fbpx

Commercial Property in Ilkeston

Hollies Farm Cafe, Spondon Road, Dale Abbey, Ilkeston, Derbyshire DE7 4PQ

Lot no: 20 Property type: Commercial Property Auction type: Unconditional with Variable FeeWhere exchange occurs immediately on the fall of the gavel. The successful bidder will be legally obliged to exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) and a buyer's fee of 4.8% inc VAT or 4.2% inc VAT in London (subject to a minimum of £6,000) and complete within a set time period. Please note the buyer's fee does not contribute towards the purchase price.

Guide Price* £185,000+plus fees Result Sold After Auction



A great opportunity to purchase a 4,000 sq.ft. (375 sq.m.) approx commercial building in a very sought after location on Dale Abbey Road next to Locko Park.

Property Description

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.

.

.

Tenure

Freehold.


Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

A 5% deposit is payable on the fall of the gavel, subject to a minimum of £5,000.

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of the Guide Price and the Reserve Price click here.

Energy Performance Certificates
EPCs can be viewed in full in the lot information section at the top of this page or in the legal pack.

Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or cheque deposits. Remote bidding facilities are also available.

Auction Fees
The sale of this lot is subject to a buyers fee of 4.8% including VAT (or 4.2% including VAT in London), subject to a minimum of £6,000 including VAT. This does not contribute towards the purchase price and is payable on the fall of the hammer.

The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section above. To find out more about any additional fees associated with this property please contact the auction office.