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4 The Butts, Belper, Derbyshire DE56 1HX

Lot no: 49 Re-entry to a future auction
 

Guide Price 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 unit
  • Vacant possession
  • Great location
  • Good investment
  • Potential income circa £6,000 per annum
  • EPC Rating: E
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Re-entry to a future auction

Commercial Property

Property Description:

A distinctive and well presented commercial unit close to Belper town centre.

A detached building with A1 use. Benefits from its own frontage and small rear yard.

An ideal investment with potential rental income circa £6000 per annum and therefore a potential return of around 10%.

Suitable for numerous uses such as retail, office, hairdressers, beauty etc subject to any required permissions.

Direct path to large rear car park offering free parking.

Main shop 6.30m x 5.4m max
Cloakroom / W.C.

Offered with vacant possession.

Draft Sales Details

These sales details are awaiting vendor approval.

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.