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Commercial Inn, Bridge Street, Pilsley, Derbyshire S45 8HE

Lot no: 10 Sold Prior to Auction
 

Guide Price £125,000+ 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 30th March 2023

10.00am
Key Features
  • Former freehold public house with vacant possession
  • Potential to convert into residential usage subject to obtaining the usual planning consents
  • Located in the heart of a popular North Derbyshire village
  • Approximate internal floor area 4397.72 sqft (408.56m2) or thereabouts
  • Site extends to 0.2684 acres (1086.05) or thereabouts
  • Infrequent development opportunity subject to obtaining the usual planning consents
  • EPC Rating: D
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Sold Prior to Auction

Pub

Property Description:

Located in the heart of this popular North Derbyshire village, is a large former public house situated on a freehold site extending to just over quarter of an acre or thereabouts.

The two storey property is constructed of traditional brick, set beneath a pitched tiled roof with a single storey addition to the rear and boats an approximate internal floor area of 4,397. sq.ft. (408 m2) or thereabouts, and has potential to convert into residential usage subject to obtaining the usual planning consents.

The substantial property sits on a site extending to 0.2684 acres thereabouts (1086.05m2) and has a tarmacadam parking area located to the side and rear of the property which is well screened by a range of mature conifers.

The village of Pilsley has good range of amenities and is situated within a short commute of the historic town of Chesterfield and the M1 Motorway.

Draft Sales Details

These sales details are awaiting vendor approval.

VAT

We are informed VAT is not payable.

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.