Commercial Property
***FREEHOLD COMMERCIAL INVESTMENT WITH VACANT POSSESSION***
A unique and rare opportunity to acquire an imposing and most attractive, characterful, three storey former bank, located on this prominent and busy trading position in the heart of Ripley town centre.
The property is suitable for a wide range of uses subject to the necessary planning change of use. Ideally suited to offices, restaurant or bar. This characterful property retains many original features including panelling.
Ripley is a bustling town offering an excellent range amenities, located just off the A38 with easy access onto the M1 Motorway. Derby is the closest city located approximately 11 miles to the South, Nottingham 15 miles to the West and Sheffield 37 miles to the North.
Please note VAT is not applicable to the purchase price.
With a frontage of 13.77m a most attractive range of original decorative panelling to wall.
With a most attractive feature staircase with turned spindles to the balustrade, original leaded light window, dog leg stairs provide access to the former managers flat with dado rail.
Two sash windows, original cornice and radiator
Single drainer sink unit, range of base units, fire exist, secondary glazed single glazed sash window.
Radiator and open fire to Adam style fire surround with tiled fire back, original cornice to ceiling, two sash windows, view to Church Street open plan to....
Hanging bay sash feature window and further window to the side enjoying the view towards Butterley.
Two sash windows and original fireplace.
Cast iron feature fireplace.
Two WC cubicles and leaded light window, hand dyer two wash hand basins electric hot water heater.
Fluorescent lighting and radiator.
Urinal, wash hand basin with an electric water heater, sash windows with leaded light.
Sash window.
Sash window, corner wardrobe and open corner fireplace.
Paved path with access from Church Street. There is a good sized rear cobbled garden with two brick built storerooms.
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. 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.
