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Lot 33 Click here for addendum

6 Week completion

SITUATION

Occupying a prominent trading position in the pedestrianised part of the town centre adjacent to a Co-op Funeral Care and amongst other multiples as William Hill, Age UK, Lloyds Bank and a Post Office and benefits from having a public car park to the rear.
Eckington is located on the A616, approx. 6 miles south-east of Sheffield and 5 miles north of Chesterfield and only 3 miles west of the M1 (Junction 30).

PROPERTY

Forming part of this established parade comprising a Ground Floor Shop with separate rear access to a Self-Contained Flat on the first and second floor.

ACCOMMODATION

Ground Floor Shop
Gross Frontage 15'2"
Internal Width 14'11"
Shop Depth 39'8"
Built Depth 54'5"
Area Approx 760 sq ft including 1 WC
First & Second Floor Flat
2 Bedrooms, Living Room, Kitchen, Bathroom/WC

VAT is NOT applicable to this Lot

FREEHOLD

TENANCY

The entire property is let on a full repairing and insuring lease to The Croft Veterinary Centre (having 3 branches incl. this one) for a term of 10 years from 29th September 2007 at a rent of £6,000 per annum exclusive.

Note 1: The tenant is not currently in occupation and we understand that they do not wish to renew the lease - there could be potential to negotiate an early surrender and settle the question of a possible dilapidations claim direct with the Lessees.

Note 2: The flat is not sub-let.

Note 3: There is a £1,768.87 rent deposit held.

Note 4: The Flat at No. 2a (above William Hill) is currently on the market for £50,000 - £55,000.

*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.

Unit 4 Northgate House, 28/38 Market Street, Eckington, South Yorkshire S21 4EH