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Long Close Office Complex, Cemetery Lane, Providence Street, Ripley DE5 3HY

Lot no: 26 Sold at Auction for £1,990,000

Guide Price £750,000+ 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 February 2024

Key Features
  • Freehold site extending to approx 1.8017 hectares (4.45 acres)
  • Six office blocks and car parking
  • Potential conversion/redevelopment subject to planning consent
  • Excellent Opportunity
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Sold at Auction for £1,990,000

Commercial Property

Property Description:

An excellent opportunity to acquire a site of six office blocks and two parking areas.

The total site area extends to approximately 1.8017 hectares (4.45 acres). The freehold site is located in a predominantly residential area of Ripley, close to the A38 and M1 motorway, approximately 12 miles from Derby city centre and 15 miles from Nottingham city centre.

The site comprises a mixture of single storey and two storey brick built buildings with pitched, tiled roofs.

The site has redevelopment potential for a variety of uses including residential, subject to obtaining the necessary planning consent. Prospective buyers must make all the necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.


Freehold. See legal pack.

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.