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Former Burton Magistrates Court, Horninglow Street, Burton on Trent, Staffordshire DE14 1PA

Lot no: 10 Sold at Auction for £525,000
 

Guide Price £375,000+ 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.

Tuesday 30th June 2020

10.30am
Key Features
  • Magnificent Grade II Listed former Magistrates Court building
  • Extending to over 9,000 sq.ft with over 50 rooms
  • Wealth of fascinating original period features including judges chair and glass dock
  • Would make an ideal headquarters building, wedding venue, educational building etc.
  • EPC Rating: B
  • Rare and exciting freehold commercial investment opportunity
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Sold at Auction for £525,000

Commercial Property

Property Description:

Magnificent FREEHOLD Grade II Listed former Magistrates Court building extending to over 9,000 square feet, in high profile location with 40 space car park to rear. Offered for sale with vacant possession and in a good, well maintained condition. This fascinating property comprises over 50 rooms, a lift and some fascinating original period features, judges chair and glass dock leading down to cellar. Would make an ideal headquarters building, wedding venue, educational building etc (stpc).

Tenure:

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.

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