70-72 High Street, Alfreton, Derbyshire, DE55 7BE
£125,000
Mixed Use
3
Key Features
- Substantial freehold mixed use property located in the heart of Alfreton town centre
- GF vacant A1 retail property measuring circa 2,903 sq ft
- 3 x 2 bedroom flats over first and second floor fully let and producing £14,400 pa
Part of the
23 April 2020
auction
Nottingham Racecourse
at
2.30PM
Substantial freehold mixed use property comprising a vacant ground floor A1 retail unit measuring circa 2,903 sq ft along with 3 x self-contained flats over first and second floor let and producing circa £14,400 pa
- Substantial freehold mixed use property
- A 3 storey mid-terrace property
- Located in Alfreton town centre
- Nearby occupiers include Boots, Oxfam, Superdrug & Greggs
- Part let and part vacant giving scope to increase income
- GF vacant A1 retail property measuring circa 2,903 sq ft
- GF - open plan trading area, offices, storage and toilets
- GF currently on the market with quoting rent £27,500 pa
- Separate communal entrance to Central Chambers flats
- 3 x 2 bedroom flats over first and second floor
- Each flat comprises living area, 2 x beds, kitchen & bathroom
- 3 x flats fully let on AST's producing circa £14,400 pa
- Ideal opportunity for investors
Please contact Auction Estates on 0115 7844 600
Fees
A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.
Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Freehold subject to vacant possession of the ground floor retail unit and 3 x AST's on the flats producing £14,400 pa
Email: tstendall@hopkins-solicitors.co.uk
Telephone: 01623 468468