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No longer on the market

This property is no longer on the market

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Property

Auction
Sold STC
Property
933 sq ft / 87 sq m
Added > 14 days

Features and description

  • Tenure: Freehold
  • To be sold at public auction on 10 th december 2024
  • Two storey commercial building
  • 639 sqft (59 sqm) of internal space
  • Busy high street position
  • Customer parking to the front
  • Service yard to the rear
  • Vacant possession
  • Great investment opportunity
TO BE SOLD BY PUBLIC AUCTION ON 10TH DECEMBER 2024. A two storey freehold commercial building with vacant possession. 87sqm (933sqft) of internal space on a high profile shopping precinct in town centre. Customer parking to the front, service yard to the rear. Great for business owner/occupies and investors.

FOR SALE BY PUBLIC AUCTION ON 10th December 2024.

A two storey commercial building offering approximately 87sqm (933sqft) of internal space with vacant possession.

Situated within a prominent shopping precinct in Stapleford town centre, with unmonitored customer parking to the front, as well as communal service yard with loading facility to the rear.

The ground floor accommodation comprises a retail and storage space of approximately 639sqft (59sqm) of useable space, currently open plan. To the first floor, there is approximately 294sqft (27.28sqm) of space which includes a kitchenette and toilet facility.

Stapleford is a traditional town equidistance between the cities of Nottingham and Derby and has a current population of just over 15,000. Stapleford enjoys a variety of national and independent retailers and has recently been awarded £21.1 million from the central government's towns fund. This seed money will generate more business and social activity in the area and a great time to be investing in the town.

Ground Floor - 13.49 x 4.39 (44'3" x 14'4") - Offering approximately 639sqft (59.4sqm) of internal space, currently open plan. Near full height glazed shop front with front door and double doors to the rear service yard with loading area. Stairs to first floor.

First Floor - 6.20 x 4.39 (20'4" x 14'4") - Additional retail or storage space.

Kitchen - 1.34 x 2.02 (4'4" x 6'7") -

Wc - Toilet and wash hand basin.

Services - Mains water, electricity and drainage are connected.

Outside - To the front is a communal, unregulated customer forecourt for parking. To the rear of the unit is a communal service yard with parking/loading bay to the unit.

Rates - The current rateable value is £6,200 per annum.

Auction Conditions - 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.

A TWO STOREY COMMERCIAL BUILDING.

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About this agent

Robert Ellis - Stapleford
Robert Ellis - Stapleford
30-32 Derby Road Stapleford, Nottingham NG9 7AA
0115 691 0062
Full profileProperty listings
Established in 1988, we have facilitated the sale of over 30,000 properties around the West Nottingham and South Derbyshire villages and suburbs. Our team possess a wealth of knowledge about the areas we cover, with many of them being part of the Robert Ellis family for over 10 years, and some over 20, so you can be sure we always uphold our values in quality of service and customer satisfaction. We operate out of three towns, Long Eaton, Beeston and Stapleford with high profile, easily recognisable dedicated sales and lettings branches in each town centre. These branches allow us to reach out to the neighbouring suburbs and villages such as Breaston, Draycott, Castle Donington, Sawley, Borrowash, Sandiacre, Risley, Stanton By Dale, Dale Abbey, Toton, Trowell, Ilkeston, Bramcote, Chilwell and Wollaton.
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