Shop
***COMMERCIAL INVESTMENT OPPORTUNITY***
Positioned along the main arterial road through Heanor town centre, is a substantial freehold commercial property with accommodation arranged over three floors with an approximate 8,500 sqft (789 sqm) floor area.
The ground floor retail area has been sub-divided into 2x units with inter connecting doors and with first and second floors ancillary and storage space may lend itself to residential conversion subject to the necessary planning consents. Both ground floor units business have ceased trading.
Interestingly the property was formerly owned by Woolworths and commands a strong trading position close to other shops and Tesco's.
The historic market town of Heanor is located 11 miles north-east of Derby and 11 miles north-west of Nottingham and 18 miles south of Chesterfield. The town is just over 6 miles to the west of the M1 Motorway junction via the A610 trunk road.
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 under and 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 fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of 1.2% of the purchase price (subject to a minimum 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.
