Commercial premises approximately 3000 sq ft

PROPERTY DESCRIPTION

The property comprises a brick and concrete clad 3000sq ft industrial building previously used for vehicle salvage and scrap metal recycling. The building has roller shutter access doors to the front and rear of the premises. To the left of the unit is a fully functioning weigh bridge. There is a separate single storey Portacabin style office to the front providing four partitioned offices, toilets and kitchen facilities. The buildings are centrally sited within its own secure compound.We believe there is 65 years left on the lease but North East Derbyshire District Council have considered lease extension

TENURE

Leasehold. Vacant possession upon completion.

Viewings Details
Viewings can be booked online (under the Lot Information section on this page) or by contacting the auctioneers on 0115 958 8702.

Click here to view this property on SDL Auctions’ website.

Click here to view the Legal Pack on SDL Auctions’ website.

CONDITIONS OF SALE

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction 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 the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.

*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, 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of the Guide Price and the Reserve Price click here.

Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or cheque deposits. Remote bidding facilities are also available.

Auction Fees
The sale of this lot is subject to a reservation fee of 4% plus VAT, subject to a minimum of £5,000 plus VAT.

The Reservation fee represents a different set of charges to the regular auction lots. A reservation fee is payable by the buyer where a seller has opted to sell with no fees. However, as a result, a lower reserve price is usually agreed. The reservation fee does not contribute toward the purchase price.

Please check the legal pack for full details of any associated fees which can be downloaded from our website from the lot information section above or please contact the auction office.

The buyers administration fee does not apply to this propertyby sending an email to SDL Auctions (Nottingham) or call +44 (0)1159588702.

Property Auction Action

Immediate property auction access

COMMERCIAL PROPERTY – SHEFFIELD

£115000

SDL Auctions (Nottingham)

3 May 2018, 11:30 AM