Retail property (high street) for sale

The property comprises a two-storey end-terraced retail unit spanning the ground and first floor and benefits from a heavy amount of footfall due to its high street location and close proximity to the junction of Bridge Street.

Internally, the space provides a rectangular shaped retail area to the ground floor which includes additional storage rooms to the rear, with a further rectangular shaped storage room to the first floor along with kitchen and WC facilities.

Previously occupied by Derbyshire Wildlife Trust, the property is fitted with a mixture of inset / spot lighting, painted plaster walls, and wood / laminate effect flooring with the inclusion of a large window shop frontage.



Location



The property is located in a prominent position at the bottom of King Street, Belper, close to the junction with Bridge Street.

King Street remains a primary retail address in Belper offering a number of national retailers such as Iceland, Boots and Holland & Barrett along with a plethora of local retailers within the surrounding units.



Accommodation



The accommodation has been measured on a Net Internal Area basis in accordance with the RICS Code of Measuring Practice (6th edition)

Total Net Internal Floor Area: 1,098 sq ft / 102.1 sq m



Planning



We understand the property falls under use class E (formerly A1 shops) however may be suitable for alternative uses subject to the necessary planning consents.

All planning information should be confirmed with the local authority.



Services



The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with
Variable Fee (England and Wales).

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.




Rates



The property is currently listed on the valuation office website as having a rateable value of £12,250.



Legal Costs



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 for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, 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



VAT



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).