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Lot 16

Freehold Town Centre Vacant Shop & Upper Part
6 Week Completion

Situation

Located opposite the junction with Limes Avenue and next to the junction with Chapel Street, occupying a prominent trading position adjacent to Boots the Chemist and amongst other such multiples as Superdrug, Costa Coffee, Bonmarché, Greggs, Farmfoods and others.
The market town of Alfreton is located in the Amber Valley, approximately 12 miles north-east of Derby and 20 miles south of Sheffield enjoying easy access to the A38 and A61 being approx. 4 miles west of the M1 (Junction 28).

Property

A mid terrace building comprising a Deep Ground Floor Shop with internal access to Ancillary Accommodation on the first floor. In addition, the property includes a rear roller shutter door for loading.

Accommodation

Ground Floor Shop
Gross Frontage	30'0"
Internal Width	28'1" (max)
Shop Depth	60'7"
Built Depth	149'3"
Sales Area	Approx. 1,530 sq ft
Lobby Area	Approx. 75 sq ft
Storage Area	Approx. 700 sq ft
First Floor
Staff Area	Approx. 185 sq ft
2 WCs
Total Area	Approx. 2,490 sq ft

VAT is NOT applicable to this Lot

FREEHOLD offered with VACANT POSSESSION

Video tour

Click here to view the video tour of the property.

Note 1: The shop was previously let at £31,500 p.a.

Note 2: The adjoining unit (which has a Gross Frontage of approx 19 ft) has just been let to a national multiple for 10 years at £20,000 p.a. with a 6 month rent free period.

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

50/52 High Street, Alfreton, Derbyshire DE55 7BE