Commercial Property
The property comprises a mid-terraced three storey former banking premises of traditional brick and tile construction with timber framed single glazed sash windows to the upper floors and a pitched tiled roof which is screened by a parapet wall. The accommodation provided within the building consists of a ground floor banking hall with strong room, kitchenette and staff toilet facilities together with additional ancillary accommodation located over first and second floor levels. The ground floor of the property is presented to a good standard throughout with the general specification comprising a combination of carpet and vinyl floor covering, painted plastered walls and suspended ceilings inclusive of predominantly strip light fittings. The first floor is presented to a similar specification as the floor below, although the second floor provides more basic storage accommodation. Externally to the rear of the building there is a small enclosed yard area which can be accessed either through the property or via a shared access route off Grosvenor Road (B6179).
Comprises -
156.04 m² / 1,679 sq.ft.
63.45 m² / 683 sq.ft.
91.77 m² / 988 sq.ft.
311.26 m² / 3,350 sq.ft.
The property was formerly utilised as bank premises and therefore it is understood that the property benefits from A2 (Financial and Professional Services) Planning Use. We understand that a change of use to A1 (Retail) would be permitted without consent. Additionally, suitable alternative uses are likely to be acceptable, subject to planning permission. Interested parties are advised to confirm this position with the Local Planning Authority.
Ripley is a popular Derbyshire market town situated approximately 12 miles to the north of the city of Derby and 15 miles north-west of Nottingham, at the junction of the A38 and A610 roads.
The subject property is situated on Ripley's high street within the town's primary shopping area, opposite the Market Place car park and in close proximity to the Old Town Hall building. Notable nearby occupiers include Boots, Peacocks, Betfred and the Cooperative Food together with various local independent retailers.
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.
