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Evergreen Family Centre, Albany Street, Ilkeston, Derbyshire DE7 5AD

Lot no: 12 Sold at Auction for £465,000
 

Guide Price £230,000+ 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.

Thursday 24th November 2022

10.00am
Key Features
  • Former childrens home
  • Site extends to approx 0.3078 hectares (0.76 acres)
  • Predominantly residential area approx half a mile from town centre
  • Conversion/redevelopment potential subject to planning permission
  • EPC Rating: B
  • Council Tax Band: Exempt
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Sold at Auction for £465,000

Commercial Development

Property Description:

DRAFT DETAILS - AWAITING APPROVAL

The Evergreen Centre is a former childrens home which closed in 2020 and has remained vacant since. The property is situated within grounds comprising gardens and car parking extending to approximately 0.3078 hectares (0.76 acres). The site is located in a predominantly residential area, within approximately 0.5 miles from Ilkeston town centre.

The property is a 1970s, three storey, brick constructed building with a flat roof and uPVC cladding to the external elevations. The building extends to approximately 517 sq.m (5,565 sq.ft).

The property has conversion/redevelopment potential for a variety of uses including residential, subject to planning permission. Prospective purchasers are advised to seek pre-application advice from the Planning Department at Erewash Borough Council. An informal planning policy guidance statement has been prepared (on a without prejudice basis) by the Planning Department at Erewash Borough Council – a copy of which can be obtained on request from SDL Auctions.

Tenure:

Freehold. Vacant possession upon completion.



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 (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.


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 £1074 inc. VAT

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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.

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.