Mixed Use
A unique opportunity to acquire a superb commercial investment opportunity which also offers residential development with planning consent for residential conversion to two flats to the upper floors and a mews house to subject to building regulations.
The property comprises a three storey building with a lock up sales shop producing an income of £14,000 per annum and is let to Funeral Partners Limited.
There is a good degree of future growth of income as plans have drawn up for the conversion of the remaining offices into residential flats, subject to planning consent being granted.
The property benefits from a good sized car park to the side of the property accessed from the High Street.
Timber entrance door, uPVC double glazed window, spotlighting to the suspended ceiling, electric panel heater and step rises to -
Steps rise to the raised sales area, uPVC double glazed windows.
Single drainer sink unit, electric hot water tap, a range of wall and base units, uPVC double glazed window.
Recessed brick feature, door opens into the mortuary.
Wash hand basin.
UPVC door to the side.
Low flush wc, vanity wash hand basin, electric water heater, and two uPVC double glazed windows.
Single drainer sink unit and electric water heater. Wall mount Main gas combination boiler.
Laminate flooring and uPVC double glazed window and spot lighting to the ceiling.
UPVC double glazed window.
Not inspected.
Part glazed door, single glazed window, opens to -
With wc off.
UPVC entrance door, one uPVC double glazed window and one timber double glazed window, under stair storage area and staircase rise to first floor.
Double glazed Velux roof light, Baxi wall mounted gas boiler. Shower Room off containing shower, pedestal wash hand basin and low flush wc.
Shower enclosure with an electric shower. Laminate flooring and suspended ceiling.
Both with wc and wash hand basins.
Having -
UPVC double glazed window, sink unit and access to the roof space.
With wc off and wash hand basin.
Having -
UPVC entrance door with uPVC double glazed window and kitchenette off.
Will convert into a one bedroom Mews House with a court yard garden.
Number 29 - Band A.
Planning Consents have been granted by Amber Valley Borough Council: (Office Code: AVA/2024/0403) which was valid on the 17 June 2024 for permission for Alterations to premises and change of use of upper floors to form two flats at 23 - 25 High Street High Street Alfreton.
(Office Code: AVA/2024/0101) which was valid on the 22 February 2024 for permission for Change of use of store rooms to provide extension to existing residential accommodation at 29 High Street Alfreton.
Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Freehold. Part let/part vacant.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
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 (subject to a minimum of £6,000 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.
