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9-10 Market Place, Burton-On-Trent, Staffordshire DE14 1HA

Lot no: 48 Withdrawn Post for £225,000
 

Guide Price £250,000+ 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 26th January 2023

10.00am
Key Features
  • Commercial Property
  • Three Floors and Cellar
  • Scope for Redevelopment (subject to planning)
  • Rear Access
  • Great Location
  • EPC Rating: D
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Withdrawn Post for £225,000

Property Description:

A substantial three storey commercial property with scope for redevelopment.

A handsome looking three storey commercial building located in Market Place in the town centre of Burton. Surrounded by an array of independent and national companies.

The property offers around 280 sq. m. / 3000 sq. ft. of accommodation over 3 floors along with cellar space.

The property was previously used as a dry cleaners for many years but is now sold with vacant possession.

Scope to convert the upper floors to apartments, subject to any required permissions.

Large ground floor area with a store/workshop to rear and yard with rear gated access.

A superb investment opportunity in prime location.

Ground Floor:
Main Shop 7.00m x 6.15m
Rear Store 3.40m x 7.00m
Warehouse Space 4.45m x 7.50m
Lobby / Utility Area 2.60m x 2.30m
Cellar:

Offering further storage space.

First Floor:
Room One 4.95m x 3.50m
Room Two 4.90m x 4.50m
Room Three 5.00m x 4.55m
Room Four 3.70m x 3.50m
Cloakroom / W.C
Second Floor:
Room Five 5.12m x 4.40m
Room Six 4.95m x 3.50m
Room Seven 3.50m x 3.65m
Room Eight 5.00m x 4.60m
Outside:

Rear vehicle access to an enclosed gated yard. To the front there is a large paved area where the market is held.

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.
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