Mixed Use
An excellent freehold opportunity to acquire a double fronted mixed use property with ground floor retail unit and two/three bedroomed flat above, occupying a prominent position along the main arterial road through the popular village of Newton.
The property was successfully run as a carpet and flooring business for approximately 40 years and has now recently become vacant due to retirement.
Internally the two storey accommodation has an approximate floor area of 1,962 sq.ft (1.821 m2) and in our opinion lends itself to residential conversion subject to planning or alternative uses if desired.
In brief the accommodation consist of two sales areas with kitchen and WC along with a workshop/store. To the first floor, there is a well appointed fitted kitchen with built-in-appliances, living room, landing providing access onto two/three bedrooms and bathroom fitted in three piece suite in white with shower. To the rear there is an enclosed low maintenance yard with outbuilding.
The popular village of Newton has a useful range of amenities and is situated within a short commute of the market town of Alfreton and the A38 which provides swift access onto the M1 Motorway.
Freehold. Vacant possession upon completion.
Auction Details
The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale.
All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT)
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 our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding 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.
