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109 Wharf Road, Pinxton, Nottingham NG16 6LH

Lot no: 124 Available for £54,000
 

Guide Price £50,000+ 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 25th April 2024

9.00am
Key Features
  • Commercial unit (flat above offered for sale separately)
  • Good location
  • Currently trading offered with vacant possession
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Available for £54,000

Commercial Property

Property Description:

A ground floor retail unit trading as a Laundrette offered with vacant possession upon completion. We note upon inspection the business was still trading and have been advised verbally that the equipment including several commercial washing machines will remain; however this is down to the discretion of the vendor and should not be relied upon.

The unit benefits from planning consent by Bolsover District Council for Change of Use from launderette to dwellinghouse dated 21st September 2021 under reference 21/00462/DETRSG. We note the planning may require the ownership of the upper floor. All enquiries should be directed to the Local Authority.

The property is located close to the M1 Jct 28 along with the A38 to Derby and surrounding areas. Alfreton Rail station is easily accessible as is the high street in Alfreton which boasts well stocked shops, eateries & pubs. The unit itself sits within a residential area with several rental properties providing a substantial footfall and potential customer base.

109a Wharf Road is also offered for sale as a separate lot.

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.

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.