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Central Building, Junction of Smedley Street & Rutland Street, Matlock DE4 3JJ

Lot no: 17 Sold at Auction for £245,000

Guide Price £240,000+ 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 29th June 2023

Key Features
  • Three storey building extending circa 2,238 sq.ft
  • Potential to convert into residential (subject to planning consent)
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Sold at Auction for £245,000

Commercial Property

Property Description:

The accommodation comprises ground floor office space split into three separate rooms extending approximately 61 sq.m.

The first floor accommodation is configured as office space extending approximately 61 sq.m.

The second floor extends approximately 66sq.m and comprises 4 separate offices.

The third floor comprises two separate offices and extends approximately 20 sq.m.

The property is located along Smedley Street, close to the junction with Rutland Street in Matlock. The area comprises several local retailers along with several converted buildings providing residential accommodation.

Matlock has a resident population of 10,000 persons which is increasing with significant housing development. Matlock is located 9 miles southwest of Chesterfield, 19 miles north of Derby and 20 miles south of Sheffield. Matlock is located on the A6 a major arterial route through the county with an estimated catchment of around 400,000 people within 15 miles.


Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.


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.

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 auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

The Buyers 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 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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