Mixed Use
DRAFT DETAILS
A mixed use part converted former bank building benefitting from consent for the creation of three apartments along with retail to the ground floor also benefitting from rear car parking thought suitable for further extension subject to obtaining further planning.
The property comprises a prominent former bank building that is part way through conversion to a scheme of residential apartments and a commercial unit to the ground floor. The works so far include plaster boarding, wiring and plumbing, however we have only visually inspected and have not carried out a survey. The building also has separate ground floor access for the residential units at the front and to the rear. There is also a large car park to the rear. We feel that a denser scheme of perhaps six residential units along with the existing commercial to the front ground floor would be viable utilising the car park area subject to altering the planning consent. Interested parties are advised to inspect the legal pack for further information along with the planning portal of North East Derbyshire Council 17/00601/FL.
The property occupies a prominent corner position on the junction of High Street and Market Street within the heart of Clay Cross. The local area comprises both local and national retailers and there have been a number of residential schemes started over the past few years to cater for the growing demand for housing within the area and its proximity to Chesterfield town centre.
We understand that VAT will not be chargeable
Strictly by appointment with the auctioneers.
The property is subject to a lease with Natwest for the ATM room, prospective purchasers are advised to inspect the legal pack.
Vacant.
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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