End of terrace house
A deceptively substantial two storey end of terrace property comprising a ground floor commercial unit along with substantial residential accommodation accessed via separate doorway fronting Main Street and occupying ground floor, first floor and loft area. Externally there is parking to the side of the premises along with an extensive garden to the rear.
The accommodation comprises a commercial unit to the ground floor until recently trading as a convenience store and benefitting from roller shutters aluminium frontage, side access, and fitted out internally with shelving and false ceiling.
The residential accommodation is accessed from a separate door fronting Main Street and leads to hallway, three reception rooms, a kitchen (not fitted) and a utility Room.
The first-floor accommodation comprises a landing, bathroom and 5 bedrooms.
The second floor accommodation comprises two further rooms in the loft area.
We feel the property would lend itself well to several uses. A mixed use in the current layout with a commercial tenant and separate residential tenant (subject to adding a partition wall between the commercial unit and the ground floor residential) or a conversion back into a single substantial residential dwelling or even conversion into two or three separate apartments (subject to planning). There is also scope for an HMO stile of reconfiguration again subject to planning and additional licences from the council.
Location
Netherseal is a village in the county of Derbyshire, situated in the South Derbyshire district. Netherseal is less than 2 miles from the neighbouring county of Leicestershire, and is close to the A444 and the M42 motorway between Tamworth and Burton On Trent.
These sales details are awaiting vendor approval.
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 Variable 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. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
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.
