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Edwinstowe Methodist Church, West Lane, Edwinstowe, Nottinghamshire NG21 9QT

Lot no: 121 Sold at Auction for £122,000
 

Guide Price £90,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 25th February 2021

10.30am
Key Features
  • Former Methodist Church
  • Offers redevelopment potential for alternative use (stpc)
  • Accommodation extends to 1,834 sq.ft. (170.37 sq.m.) approx
  • Located within Edwinstowe Village
  • EPC Rating: N/A
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Sold at Auction for £122,000

Commercial Development

Property Description:

The property is located within Edwinstowe which is a desirable village located within the Sherwood Forest district of Nottinghamshire and has a resident population of 5,118 inhabitants (2011 census).

The property is accessed off West Lane and is a mixed-use location with properties to the west and south put to residential use, and to the east, commercial and retail units interspersed with residential. The prime retailing area of the Village is located on Main Street which is within easy walking distance.

DESCRIPTION:

The building is of pre-fabricated construction under a pitched roof over-clad with interlocking concrete tiles. There is a single storey extension to the side, which is under a flat felted roof.

The building provides a former Worship Hall together with meeting room/community space which have been sub-divided by a concertina internal screen. The hall has the benefit of suspended ceilings and lighting. The single storey addition to the front has the benefit of uPVC double glazed entry doors, which leads to an entrance lobby, providing access to an office, kitchen, and ladies, gents and disabled WC facilities, together with a vestry.

Externally there is ramped access to the fire escape on the western side of the building and to the front there is car parking for two motor vehicles parked in a tandem style.

FLOOR AREAS:

The property has a total gross internal area (GIA) of 1,834 sq.ft. (170.37 sq.m.)

PLANNING:

The property falls within the jurisdiction of Newark and Sherwood Council and is located in Edwinstowe District Centre together with being within the Urban Boundary/Village Envelope and a Conservation Area.

The property has existing planning for a Place of Worship, which falls within Use Class F1, as defined by the Town and Country Planning (Use Classes) Order 1987 (Amended) (England) Regulations 2020, which came into effect on 1st September 2020.
We would recommend that any interested parties make their own planning enquiries with the Local Authority.

Rights of Way, Wayleaves, Easements, Restrictive Covenants Etc.

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

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 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.

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